Sun TV Network’s revenue for the quarter ended on 31st March 2022. It has risen from 12.46% to Rs 3504.88 crore as against Rs 3116.59 crore for the previous year ended 31st March 2021.
Sun TV Network’s ad revenue grew 30.84% to Rs 1300.60 crore as against Rs 994.03 crore. While the ad revenue grew, the subscription revenue has declined by 3.73% to Rs 1657.13 crore from Rs 1721.48 crore.
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) was up 9.50% at Rs 2263.78 crore against Rs 2067.40 crore. The net profit rose by 8.18% to Rs 1644.80 crore from Rs 1520.41 crore.
The revenue was up by 6.52% at Rs 833.01 crore for the quarter ended 31st March 2022 as against Rs 781.99 crore for the corresponding quarter ended 31st March 2021.
The subscription revenue was at Rs 416.03 crore for the quarter and it ended against the previous year’s Rs 428.12 crore. The company’s ad revenue grew 7% on a low base of Rs 337.1 crore.
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) was at Rs 553.33 crore for the recent quarter and ended against Rs 546.79 crore. The figures for net profit stood at Rs 404.35 crore against Rs 449.88 crore.
Sun TV Network operates TV channels across six languages of Tamil, Malayalam, Kannada, Bangla, Telugu, and Marathi. It also airs FM radio stations across India apart from owning the IPL franchise SunRisers Hyderabad and the OTT platform Sun NXT.
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