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Sun TV Network Reports Rs 250 Crore Profit In Q4FY20

The revenue for the quarter was up by 3% excluding IPL and movie revenue.

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Sun TV Network Limited, one of the largest Television Broadcasters in India, operates Satellite Television Channels across four languages of Tamil, Telugu, Kannada and Malayalam, airs FM radio stations across India and owns the SunRisers Hyderabad Cricket Franchise of the Indian Premier League.

FOR THE QUARTER ENDED 31ST MARCH, 2020, the Revenues for the quarter were up by ~3 % excluding IPL and Movie Revenues. The Revenues was at Rs.735.16 crores as against Rs.888.88 crores for the corresponding quarter ended 31st March, 2019. The Subscription revenues for the quarter was up by ~25 % at Rs.398.78 crores as against Rs.319.77 crores for the corresponding quarter ended 31st March, 2019. EBITDA for the quarter ended 31st March 2020was at Rs.503.51 crores as against Rs.608.40 crores for the previous quarter ended 31st March 2019. The Profit after taxes for the current quarter stood at Rs.250.00 crores.

FOR THE YEAR ENDED 31ST MARCH, 2020, the Standalone Revenues excluding IPL and Movie Revenues were up by ~3 %. The Revenues for the year was at Rs.3,404.42 crores as against Rs.3,663.27 crores for the corresponding year ended 31st March, 2019. The Advertisement revenues for the year was at Rs.1,336.91 crores as against Rs. 1,426.67 crores for the previous year ended 31st March, 2019. The Subscription revenues for the year was up ~18 % at Rs.1,562.23 crores, as against Rs. 1,320.43 crores for the previous year ended 31stMarch, 2019. EBITDA for the year ended 31st March 2020 was at Rs.2.236.06 crores as against Rs. 2,564.31 crores for the previous year ended 31st March 2019. The Profit after taxes was at Rs.1,371.83 crores for the year ended 31st March, 2020 as against Rs.1,394.86 crores for the previous year ended 31st March, 2019.

FOR THE YEAR ENDED 31ST MARCH, 2020, the Consolidated Revenues was at Rs.3,519.85 crores as against Rs.3,782.54 crores for the corresponding year ended 31st March, 2019. EBITDA for the year ended 31st March 2020 was at Rs.2,275.92 crores as against 

Rs.2,606.68 crores for the previous year ended 31st March 2019. The Profit after taxes (after accounting of share from joint venture) was at Rs.1,385.49 crores for the year ended 31st March, 2020 as against Rs.1,433.68 crores for the previous year ended 31st March, 2019.


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