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Sun TV Network Ltd News

F&O Alert: M&M, Shriram Finance see short buildup; Manappuram, Sun Tv long

F&O stock watch: Shares of Mahindra & Mahindra and Shriram Finance face up to 15 per cent downside risk; whereas, Manappuram Finance and Sun Tv can potentially gain up to 13 per cent.

F&O Alert: M&M, Shriram Finance see short buildup; Manappuram, Sun Tv long
Updated On : 12 Jul 2024 | 11:54 AM IST

Sun TV Networks Q4 results: Net profit increases 9% to Rs 414.9 crore

Sun TV Networks Ltd on Friday reported a 9.08 per cent increase in consolidated profit after tax (PAT) to Rs 414.94 crore for the March quarter. The company had reported a PAT of Rs 380.40 crore in the January-March period a year ago, according to a BSE filing from Sun TV Network, one of the largest broadcasters. Its revenue from operations was up 14.4 per cent to Rs 961.28 crore during the quarter under review from Rs 840.36 crore in the year-ago period. Sun TV Networks' total expenses were at Rs 548.34 crore, up 29 per cent year-on-year, while the total income was 18.63 per cent higher at Rs 1,098.72 crore. For the financial year ended on March 31, 2024 Sun TV Networks consolidated PAT was up 12.82 per cent to Rs 1,925.80 crore. It was at Rs 1,706.92 crore a year ago. Its revenue from operations in FY24 was up 13.52 per cent to Rs 4,282.10 crore. Sun TV Network operates satellite television channels across six languages -- Tamil, Telugu, Kannada, Malayalam, Bangla, and Marathi,

Sun TV Networks Q4 results: Net profit increases 9% to Rs 414.9 crore
Updated On : 24 May 2024 | 7:04 PM IST

Brokerages expect a gradual recovery in advertising revenues for Sun TV

Brokerages are positive on the stock given its attractive valuations and expect a re-rating if there is value unlocking for its IPL franchise

Brokerages expect a gradual recovery in advertising revenues for Sun TV
Updated On : 03 Apr 2024 | 9:30 AM IST

Can LS elections, IPL revive mood in media stocks? Here's what charts say

Analysts believe that Lok Sabha polls and IPL may provide short-term earnings boost, but the overall sentiment depends on how the RIL-Disney deal shapes up or a revival in Zee-Sony India merger talks.

Can LS elections, IPL revive mood in media stocks? Here's what charts say
Updated On : 18 Mar 2024 | 11:52 AM IST

Sun TV Network Q3 results: Profit up 7% at Rs 454 cr, revenue at Rs 923 cr

Sun TV Network Ltd on Wednesday reported 6.81 per cent increase in consolidated profit after tax (PAT) at Rs 454.09 crore for the third quarter ended December 2023. The company had reported a PAT of Rs 425.10 crore in October-December FY23, according to a BSE filing by Sun TV Network, one of the largest broadcasters. Revenue from operations rose to Rs 923.15 crore from Rs 886.88 crore. Total expenses were at Rs 451 crore, up 7.86 per cent from the year-ago period. Total income was higher by 7.5 per cent to Rs 1,058.66 crore. In a separate filing, the company informed that its board in a meeting held on Wednesday declared an interim dividend of 50 per cent, which is Rs 2.50 per share on face value of Rs 5 per share. "This is in addition to the interim dividends of Rs 6.25 per share and Rs 5 per share declared at their meetings held on August 11, 2023 and November 10, 2023, respectively," it said. Sun TV Network operates satellite television channels across six languages - Tamil, .

Sun TV Network Q3 results: Profit up 7% at Rs 454 cr, revenue at Rs 923 cr
Updated On : 14 Feb 2024 | 9:08 PM IST