Tag: Sun TV Network Limited

  • Sun TV reports improved numbers, declares third interim dividend

    Sun TV reports improved numbers, declares third interim dividend

    BENGALURU: Sun TV Network Ltd (Sun TV) reported improved numbers across all important parameters for the quarter ended 31 December 2017 (Q3 2018, the quarter under review) as compared with the corresponding quarter of the previous year (yoy, Q3 2017). The company said in its earnings release that subscription revenue for the quarter increased by 16.5 per cent yoy to Rs 281.81 crore from Rs 241.94 crore while advertisement revenue grew by approximately 22 per cent yoy. The board of directors of Sun TV has declared a third interim dividend of the year of Rs 2.50 per equity share of face value of Rs 5 each (50 per cent).

    Sun TV reported 13.4 per cent higher consolidated total income in the quarter under review at Rs 712.39 crore as against Rs 628.36 crore in Q3 2017. Operating revenue increased by 15.9 per cent yoy to Rs 683.28 crore in Q3 2018 from Rs 589.43 crore in Q3 2017.

    Sun TV’s EBITDA during the quarter was Rs 492.04 crore (72 per cent of operating revenue), 11.9 per cent higher as compared against Rs 439.66 crore (74.6 per cent of operating revenue) in Q3 2017.

    The company’s profit after tax or PAT in Q3 2018 improved by 11.2 per cent to Rs 267.03 crore (39.1 per cent of operating revenue) as compared with Rs 240.09 crore (40.7 per cent of operating revenue) in Q3 2017.

    Total expenditure in Q3 2018 increased by 17.1 per cent to Rs 305.76 crore (44.7 per cent of operating revenue) as against Rs 261.09 crore (44.3 per cent of operating revenue) in the corresponding quarter of the previous year.

    Operating expense in Q3 2018 soared by 50.7 per cent yoy to Rs 81.05 crore (11.9 per cent of operating revenue) from Rs 53.78 crore (9.1 per cent of operating revenue) in the corresponding quarter of the previous year.

    Employee benefits expense in Q3 2018 increased by 20.6 per cent to Rs 72.70 crore (10.6 per cent of operating revenue) as compared with Rs 59.86 crore (10.2 per cent of operating revenue) in Q3 2017.

    Other expenses in Q3 2018 grew by 5.1 per cent to Rs 37.99 crore (5.6 per cent of operating revenue) as compared with Rs 36.13 crore (6.1 per cent of operating revenue) in the corresponding quarter of the previous year.

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  • Subs revenue boosts Sun TV earnings

    Subs revenue boosts Sun TV earnings

    BENGALURU: Riding on the high of an increase in subscription revenue, Sun TV Network Ltd (Sun TV) reported improved numbers across all important parameters for the quarter ended 30 September 2017 (Q2 FY 2017-18, current quarter) as compared with the corresponding quarter of the previous year (Q2 FY 2016-17). The company’s subscription revenue for the current quarter increased by 14.3 percent year-on-year (y-o-y) to Rs 2,776.8 million from Rs 2,429.0 million.

    Sun TV reported 5.6 percent increase in consolidated total income during the quarter to Rs 7,131.3 million as compared with Rs 6,754.7 million in Q2 FY 2016-17. Operating revenue rose by 8.1 percent y-o-y to Rs 6,759.0 million from Rs 6,254.9 million. The board of directors of Sun TV has declared a second interim dividend of the year of 50 per cent per equity share of Rs 5.

    During the quarter, the company’s profit after tax improved by 5.3 percent to Rs 2,846.7 million (42.1 percent of operating revenue) as compared with Rs 2,703.5 million (35.5 percent of operating revenue) in Q2 FY 2016-17.

    Sun TV’s earnings before interest, taxes, depreciation, amortisation (EBITDA) during the quarter were Rs 4,960.9 million (73.4 per cent of operating revenue), growth of 6.7 percent as against Rs 4,650.2 million (68.8 percent of operating revenue) in Q2 FY 2016-17.

    Total expenditure during the quarter increased by 7.2 percent to Rs 2,825.6 million (41.8 percent of operating revenue) as compared with Rs 2,636 million (34.6 percent of operating revenue) in the corresponding quarter of the previous year.

    Operating expense in Q2 FY 2017-18 grew by 24.8 percent to Rs 640.8 million (9.5 per cent of operating revenue) from Rs 513.3 million (6.7 per cent of operating revenue) in the corresponding quarter of the previous year.

    Employee benefits expense in during the second quarter increased by 7.7 percent to Rs 773.9 million (11.4 per cent of operating revenue) as against Rs 718.3 million (9.4 per cent of operating revenue) in Q2 FY 2016-17.

    Other expenses in the Q2-18 increased 2.8 percent to Rs 384.3 million (5.7 percent of operating revenue) as compared to Rs 373.1 million (4.9 percent of operating revenue) in the corresponding quarter of the previous year.

  • Sun TV reports improved Q1-18 numbers, declares 50% interim dividend

    BENGALURU: Sun TV Network Limited (Sun TV) reported improved numbers across all important parameters for the quarter ended 30 June 2017 (Q1-18, current quarter) as compared to the corresponding quarter of the previous year (y-o-y, Q1-17). Sun TV reported 5.2 per cent higher consolidated total income in the current quarter at Rs 8,233.8 million as compared to Rs 7,823.8 million in q1-17. Operating revenue increased 3.4 per cent to Rs 7,863.2 million in Q1`-18 from Rs 7,608.3 million in Q1-17. The board of directors of Sun TV has declared an interim dividend of Rs 2.50 per equity share of face value of Rs 5 each (50 per cent).

    The company says in its earnings release that subscription revenue at Rs 2,705 million was up 15.3 per cent in Q1-18 as against Rs 2,346.8 million in the corresponding quarter of the previous year.

    The company’s profit after tax or PAT in Q1-18 improved 8 per cent to Rs 2,516.4 million (32 per cent of Operating Revenue) as compared to Rs 2,330.6 million (29.8 per cent of Operating Revenue) in Q1-17.

    Sun TV EBIDTA in the current quarter was Rs 4,483.6 million (57 percent of Operating Revenue), 2.7 percent higher as compared to Rs 4,369.9 million (57.4 percent of Operating revenue) in Q1-17.

    Total Expenditure (TE) in the current quarter increased 3.8 per cent to Rs 4,415 million (56.1 per cent of Operating Revenue) as compared to Rs 4,253 million (54.4 per cent of Operating Revenue) in the corresponding quarter of the previous year.

    Operating expense in Q1-18 increased 37.6 per cent to Rs 683.1 million (8.7 per cent of Operating Revenue) from Rs 496.6 million (6.3 per cent of Operating Revenue) in the corresponding quarter of the previous year.

    Employee Benefits Expense in Q1-18 increased 13.5 per cent to Rs 684.2 million (8.7 per cent of Operating Revenue) as compared to Rs 603 million (7.7 per cent of Operating revenue) in Q1-17.

    Other expenses (OE) in the Q1-18 decreased 10.3 per cent to Rs 1,157.5 million (14.7 percent of Operating Revenue) as compared to Rs 1,290 million (16.5 per cent of Operating Revenue) in the corresponding quarter of the previous year.

    IPL Franchisee

    Sun TV has paid franchisee fees for its IPL team Sun Risers Hyderabad (SRH) of Rs 85.48 million in Q1-18 same as in the first quarter of FY-17. The company says that its IPL Franchisee had revenue of Rs 1,431 million in Q1-18, down 0.7 per cent as compared to Rs 1,440.4 million in Q1-17. IPL Franchisee costs in Q1-18 were down 5.9 per cent to Rs 1,655 million as compared to Rs 1,758.4 million in Q1-17.

  • Sun TV fiscal 2017 numbers grow

    BENGALURU: Sun TV Network Limited (Sun TV) reported improved numbers across all important parameters for the year ended 31 March 2017 (FY-17, current year, fiscal) as compared to the previous year (FY-16). Sun TV reported 8.1 percent higher consolidated total income in the current year at Rs 27,995.2 million as compared to Rs 25,899.7 million in FY-16. Operating revenue increased 7 percent to Rs 26,457.2 million in FY-17 from Rs 24,736.2 million in FY-16.

    On a standalone basis, the company says in its earnings release that subscription revenue at Rs 9,614.1 million was up 18 percent as against Rs 8,126.8 million in the previous year.

    The company’s profit after tax or PAT in FY-17 improved 11.7 percent to Rs 10,306.6 million (39 percent of Operating Revenue) as compared to Rs 9,223.1 million (37.3 percent of Operating Revenue) in FY-16.

    Sun TV EBIDTA in the current year was Rs 17,698.4million (66.9 percent of Operating Revenue), 2.1 percent higher as compared to Rs 17,327.4 million (70 percent of Operating revenue) in FY-16.

    Total Expenditure (TE) in the current year increased 3 percent to Rs 12,773.6 million (48.3 percent of Operating Revenue) as compared to Rs 12,397.9 million (50.1 percent of Operating Revenue) in the previous year.

    Operating expense in fiscal 2017 increased 19.3 percent to Rs 2,337.7 million (8.8 percent of Operating Revenue) from Rs 1,958.1 million in the previous year.

    Employee Benefits Expense in FY-17 increased 8.6 percent to Rs 2,562,7 million (9.7 percent of Operating Revenue) as compared to Rs 2,359.9 million (9.5 percent of TIO) in FY-16.

    Other expenses (OE) in the FY-17 was 13.8.percent more at Rs 2,381.2 million (9 percent of Operating Revenue) as compared to Rs 2,092.4 million (8.5 percent of Operating Revenue) in the previous year.

    Sun TV has paid franchisee fees for its IPL team Sun Risers Hyderabad (SRH) of Rs 85.48 million in Q1-17 as compared to Rs 85.05 million in the first quarter of FY-16.

  • Q1-17: Sun TV revenue up 10.4 percent, PAT up 19 percent

    Q1-17: Sun TV revenue up 10.4 percent, PAT up 19 percent

    MUMBAI: Sun TV Network Limited (Sun TV) reported 10.4 per cent growth in Total Income from Operations (TIO) and 19 percent growth in profit after tax (PAT) for the quarter ended 30 June 2016 (Q1-17, current quarter) as compared to the corresponding year ago quarter. 

    TIO in Q1-17 was Rs 760.83 crore as compared to Rs 689.45 crore in Q1-16. The company’s PAT in the current quarter was Rs 233.06 crore (30.6 percent PAT margin) in Q1-17 and was Rs 195.82 crore (28.4 percent PAT margin) in the corresponding quarter of the previous year.

    The company claims that its year-over-year (y-o-y) subscription revenue has gone up by approximately 22 percent in the current quarter to Rs 232.13 crore and its DTH subscription revenue has grown by 16 percent y-o-y.

    Sun TV EBIDTA in the current quarter was Rs 436.43 crore (57.4 percent EBIDTA margin) 7.2 percent higher as compared to Rs 406.93 crore (59 percent EBIDTA margin) in Q1-16.

    Total Expenditure (TE) in the current quarter increased 3 percent to Rs 425.17 crore (55.9 percent of TIO) as compared to Rs 412.69 crore (59 percent of TIO) in the corresponding quarter of the previous year.

    Employee Benefits Expense (EBE) in Q1-17 increased 10.6 percent to Rs 60.30 crore (7.9 percent of TIO) as compared to Rs 56.92 crore (10 percent of TIO) in Q1-16.

    Other expenses (OE) in the Q1-17 was 39.8 percent higher at Rs 128.96 crore (16/9 percent of TIO) as compared to Rs 92.22 crore (13.4 percent of TIO) in the corresponding quarter of the previous year.

    IPL Franchisee Sun Risers Hyderabad

    Sun TV has paid franchisee fees for its IPL team SunRisers Hyderabad (SRH) of Rs 85.48 crore in Q1-17 as compared to Rs 85.05 crore in the first quarter of FY-16.

    The company says that it’s IPL franchisee’s income in Q1-17of Rs 144.04 crore as compared to Rs 96.55 crore in Q1-16.  Sun Risers Hyderabad has incurred costs of Rs 175.84 crore in the current quarter as compared to Rs 153.16 crore in Q1-16.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

  • Q1-17: Sun TV revenue up 10.4 percent, PAT up 19 percent

    Q1-17: Sun TV revenue up 10.4 percent, PAT up 19 percent

    MUMBAI: Sun TV Network Limited (Sun TV) reported 10.4 per cent growth in Total Income from Operations (TIO) and 19 percent growth in profit after tax (PAT) for the quarter ended 30 June 2016 (Q1-17, current quarter) as compared to the corresponding year ago quarter. 

    TIO in Q1-17 was Rs 760.83 crore as compared to Rs 689.45 crore in Q1-16. The company’s PAT in the current quarter was Rs 233.06 crore (30.6 percent PAT margin) in Q1-17 and was Rs 195.82 crore (28.4 percent PAT margin) in the corresponding quarter of the previous year.

    The company claims that its year-over-year (y-o-y) subscription revenue has gone up by approximately 22 percent in the current quarter to Rs 232.13 crore and its DTH subscription revenue has grown by 16 percent y-o-y.

    Sun TV EBIDTA in the current quarter was Rs 436.43 crore (57.4 percent EBIDTA margin) 7.2 percent higher as compared to Rs 406.93 crore (59 percent EBIDTA margin) in Q1-16.

    Total Expenditure (TE) in the current quarter increased 3 percent to Rs 425.17 crore (55.9 percent of TIO) as compared to Rs 412.69 crore (59 percent of TIO) in the corresponding quarter of the previous year.

    Employee Benefits Expense (EBE) in Q1-17 increased 10.6 percent to Rs 60.30 crore (7.9 percent of TIO) as compared to Rs 56.92 crore (10 percent of TIO) in Q1-16.

    Other expenses (OE) in the Q1-17 was 39.8 percent higher at Rs 128.96 crore (16/9 percent of TIO) as compared to Rs 92.22 crore (13.4 percent of TIO) in the corresponding quarter of the previous year.

    IPL Franchisee Sun Risers Hyderabad

    Sun TV has paid franchisee fees for its IPL team SunRisers Hyderabad (SRH) of Rs 85.48 crore in Q1-17 as compared to Rs 85.05 crore in the first quarter of FY-16.

    The company says that it’s IPL franchisee’s income in Q1-17of Rs 144.04 crore as compared to Rs 96.55 crore in Q1-16.  Sun Risers Hyderabad has incurred costs of Rs 175.84 crore in the current quarter as compared to Rs 153.16 crore in Q1-16.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

  • Sun TV launches two new family shows on Udaya TV

    Sun TV launches two new family shows on Udaya TV

    BENGALURU: Sun TV Network Limited (Sun TV) announced that it is launching two new shows starting from 20 and 21 March 2016. Super Challenge and Punch Kajjaya will be aired on Udaya TV, the Kannada channel of Sun TV Network. Sun TV Network says that it presents these distinct shows for their its to wrap up the day and their weekend with loads of fun and light moments of life.      

    Super Challenge is a one hour fun filled show will have 10 new celebrities from film and TV industry in every episode. It is a feel good, high decibel, mass market show which the network claims will appeal to entire family and also motivate them to play similar games at home and elsewhere says Sun TV. Super Challenge will be aired every Sunday between 9 and 10 pm.

    Sun TV Network Non-fiction head Aldam Jacob said, “We wanted to offer some uninhibited fun to our audience and stay away from the existing game and reality shows format which makes the participants go through grotesque moments in the name of talent hunts or prize money. Super Challenge revives playtime filled with joyful moments without any hidden agendas or greed. The show revives family bonding time through games and endorses the adage that the family that plays together, stays together.”

    Punch Kajjaya, is a full-fledged comedy genre show where every episode has a new story and a new concept. As a very light hearted refreshing content to wind up the day, it will be aired daily during the week on the 10-1030 pm slot. The story revolves around five characters of a family. A funny and ever romantic dad, stubborn mom, wanna-be scientist son and his beauty parlour owner wife and a Facebook addict daughter of the house all creating moments of hilarity and chaotic fun every day.

    Udaya TV head of programming Sudheendra said, “Punch Kajjaya is a clean comedy intended to make the audience end their day with a smile on their faces. All characters in this show are very relatable. Every day the show will pick up a contemporary issue and dissect it with a comical touch. The show has a nice blend of veterans and new comers in the casting and has all the potential to be a complete family entertainer, where everybody has something to cheer about.”

    To get a sample of what’s in store, watch the promos that have already started creating a buzz.

  • Sun TV launches two new family shows on Udaya TV

    Sun TV launches two new family shows on Udaya TV

    BENGALURU: Sun TV Network Limited (Sun TV) announced that it is launching two new shows starting from 20 and 21 March 2016. Super Challenge and Punch Kajjaya will be aired on Udaya TV, the Kannada channel of Sun TV Network. Sun TV Network says that it presents these distinct shows for their its to wrap up the day and their weekend with loads of fun and light moments of life.      

    Super Challenge is a one hour fun filled show will have 10 new celebrities from film and TV industry in every episode. It is a feel good, high decibel, mass market show which the network claims will appeal to entire family and also motivate them to play similar games at home and elsewhere says Sun TV. Super Challenge will be aired every Sunday between 9 and 10 pm.

    Sun TV Network Non-fiction head Aldam Jacob said, “We wanted to offer some uninhibited fun to our audience and stay away from the existing game and reality shows format which makes the participants go through grotesque moments in the name of talent hunts or prize money. Super Challenge revives playtime filled with joyful moments without any hidden agendas or greed. The show revives family bonding time through games and endorses the adage that the family that plays together, stays together.”

    Punch Kajjaya, is a full-fledged comedy genre show where every episode has a new story and a new concept. As a very light hearted refreshing content to wind up the day, it will be aired daily during the week on the 10-1030 pm slot. The story revolves around five characters of a family. A funny and ever romantic dad, stubborn mom, wanna-be scientist son and his beauty parlour owner wife and a Facebook addict daughter of the house all creating moments of hilarity and chaotic fun every day.

    Udaya TV head of programming Sudheendra said, “Punch Kajjaya is a clean comedy intended to make the audience end their day with a smile on their faces. All characters in this show are very relatable. Every day the show will pick up a contemporary issue and dissect it with a comical touch. The show has a nice blend of veterans and new comers in the casting and has all the potential to be a complete family entertainer, where everybody has something to cheer about.”

    To get a sample of what’s in store, watch the promos that have already started creating a buzz.

  • Sun TV Creates Guinness World Record

    Sun TV Creates Guinness World Record

    MUMBAI: Consider it an achievement or a moment of pride or a record-breaking effort at continual entertainment, we at Sun TV Network would like to celebrate this triumph of officially being recognized in the Guinness World Record by sharing the news with all our stakeholders and the media.

     

    We have set the record for LONGEST CONTINUOUS TV CAMERA SHOT ‘LIVE’ where the record attempt was telecast live on 5th March 2014 on Sun TV clocking 23 minutes 25 seconds to celebrate the 1000th episode of the TamizhTV serial ‘Nadhaswaram’.

     

    This challenging attempt involved three arduous days of planning and preparing by the 96 member cast and crew with an entire episode filmed as a single shot with a single HD camera handled by cinematographer, Mr. Sarath Chandar throughout. The scenes that required a zero margin error were backed by impeccable performances by the artists who are mostly newcomers introduced in this serial with very few experienced actors. Unlike re-recording that gets done in a closed studio much later after the editing is done, this task was executed flawlessly by Mr. Sanjeev Rathan with on-the-spot background music streamed in sync with the dialogues and telecast ‘live’ for the first time by any television channel in the world. The audience of Sun TV got to witness a ‘Live’ episode of their favourite serial with all elements of drama, comedy, suspense and action without any technical glitches or time lag in the transmission and telecast of the episode. Shot in a small village near Kaaraikudi, the cast and crew had the co-operation of the residents of the entire village, Pallathur, where the episode was shot and they maintained absolute silence during the filming of the episode to control any kind of ambient noise that could reach the place of shooting.

     

    Sun TV Network lapped up the idea of doing this ‘live’ episode without a scintilla of doubt to pull this off when the director Mr. Thirumurugan suggested this idea and promptly came forward in organizing the OB (Outdoor Broadcast) Van, HD Camera, additional security and everything else required to make this a spectacular success.

     

    Guinness World Record receives more than a thousand applications a week with fewer than 5% of these ever becoming a Guinness World Records title. In such a competitive scenario, Sun TV Network Limited headed by Sun Group Chairman Mr. Kalanithi Maran is glad to have broken the record as a well-coordinated team in association with the director and producer of the ‘Nadhaswaram’ serial Mr. Thirumurugan Muniyandi of Thiru Pictures.

     

    Two words to finally sum up our feat as how Guinness World Records, the universally recognized authority on record-breaking achievements think and describe the record holders to the whole world: Officially Amazing

  • Sun TV reports PAT of Rs 169.16 crore for Q2-2014; encores interim dividend

    Sun TV reports PAT of Rs 169.16 crore for Q2-2014; encores interim dividend

    BENGALURU: A media conglomerate with one of the largest Indian television networks, Sun TV Network Limited (Sun TV) reported a PAT of Rs 169.16 crore, up 11.5 per cent as compared to the PAT of Rs 151.65 crore for the corresponding quarter of last year (Q2-2013) and 2.9 per cent higher than the Rs 164.44 crore for the immediate preceding quarter, Q1-2014.

     

    Last quarter (Q1-2014), the board of directors of the company had declared an interim dividend of Rs 2.25 per share (45 per cent). This quarter the board has declared interim dividend of Rs 2.50 (50 per cent) per share of Rs 5 each.

     

    Let us look at the other Q2-2014 figures reported by Sun TV

     

    The company reported Rs 466.41 crore as income from operations for Q2-2014 up 7.6 per cent as compared to the Rs 433.34 crore for Q2-2013, and lower by 22.5 per cent as compared to the Rs 601.85 crore for Q1-2014. It must however be noted that Rs 98.54 crore revenue came from the company’s IPL franchisee Hyderabad Sunrisers in Q1-2013 as compared to the Rs 5.43 crore for Q2-2014.

     

    Sun TV reported a total turnover of Rs 504.21 crore for Q2-2013, up 13.8 per cent as compared to the Rs 44.95 crore for Q2-2013. The company had reported total turnover of Rs 615.24 crore including IPL Franchisee turnover for Q1-2014.

     

    Sun TV reported total expense of Rs 246.29 crore (NIL IPL franchisee fee) for Q2-2014, 12.9 per cent higher than the Rs 218.17 crore for Q2-2013, but 32.6 per cent lower than the Rs 365.59 crore (this includes IPL franchisee fee of Rs 85.05 crore) for Q1-2014. The expense of Rs 246.29 crore includes expense of Rs 8.51 crore of its Sunrisers Hyderabad IPL team.

     

    Of the major expense heads, Sun TV has reported Rs 48.27 crore as employee benefit expense for Q2-2014, as compared to the Rs 42.89 crore for the corresponding quarter last year and the Rs 44.21 crore for Q1-2014. Other expenditure at Rs 36.51 crore was almost a third more (32 per cent more) than the Rs 27.66 crore for Q2-2013 and less than half (49.4 per cent of) the Rs 73.94 crore for Q1-2014.

     

    The company has not reported the breakup of its revenue and expense as has been its norm in the past.