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Below the Sun TV press release on Q1FY24 results

Sun TV Network Limited, one of the largest Television Broadcasters in India, operates Satellite Television Channels across six languages of Tamil, Telugu, Kannada, Malayalam, Bangla and Marathi, airs FM radio stations across India and owns the SunRisers Hyderabad Cricket Franchise of the Indian Premier League, SunRisers Eastern Cape of Cricket South Africa’s T20 League and the Digital OTT Platform Sun NXT.

FOR THE QUARTER ENDED 30TH JUNE’ 2023, the Revenues for the quarter was up by 10.38 % at Rs.1,317.78 crores as against Rs.1,193.90 crores for the corresponding quarter ended 30th June’2022. The Advertisement revenues for the quarter was at Rs.339.10 crores as against Rs.343.17 crores for the corresponding quarter ended 30th June, 2022. The Domestic Subscription was up ~6.02 % for the quarter at Rs.435.34 crores as against Rs. 410.61 crores for the corresponding quarter ended 30th June, 2022. The EBITDA for the quarter ended 30th June, 2023 was up ~2.96 % at Rs.786.46 crores as against Rs. 763.83 crores for the previous quarter ended 30th June, 2022. The Profit After Taxes for the current quarter stood rose by ~18.53 % to Rs.582.80 crores as against Rs. 491.68 crs in the corresponding quarter ended 30th June, 2022.