Q2 PAT for Sun TV Networks increases 14% to Rs 464.5 crore

 Q2 PAT for Sun TV Networks increases 14% to Rs 464.5 crore

In addition to airing FM radio stations throughout the nation, Sun TV Network runs satellite television channels in the following six languages: Tamil, Telugu, Kannada, Malayalam, Bengali, and Marathi.

Sun TV Networks Ltd.'s shares closed at Rs. 646.95 on the BSE on Friday, down 1.05% from the previous close.

The broadcaster Sun TV Networks Ltd, situated in South India, said on Friday that its consolidated Profit After Tax (PAT) for the September quarter increased by 14.05 percent to Rs 464.54 crore. In the same time last year, Sun TV Network posted a PAT of Rs 407.31 crore, according to a regulatory filing.

Its operational income increased from Rs 825.65 crore to Rs 1,048.45 crore throughout that time, a 26.98% increase. The entire costs of Sun TV Networks increased by 45.92 percent to Rs 541.06 crore. Its overall revenue increased to Rs 1,160.21 crore, or 26.8%. In addition, Sun TV said that the outcome "includes income collected by the Holding Company’s Cricket franchises (SunRisers Hyderabad as well as SunRisers Eastern Cape) for the 2023 edition of Rs 1.02 crore and Rs 513.68 crore for quarter along with six months ended September 30."

In addition to airing FM radio stations all throughout the nation, Sun TV Network runs satellite television channels in the following six languages: Tamil, Telugu, Kannada, Malayalam, Bengali, along with Marathi. In addition, it owns the digital OTT platform Sun NXT, the SunRisers Hyderabad cricket team in the Indian Premier League, the SunRisers Eastern Cape cricket team in Cricket South Africa's T20 League. Sun TV Networks Ltd.'s shares closed at Rs. 646.95 on the BSE on Friday, down 1.05% from the previous close.