Media house Sun TV Network today reported a rise of 20.54 per cent in its net profit at Rs 130.56 crore for the second quarter ended September 30, over the same period a year earlier.

The company's income rose to Rs 320.3 crore in the latest quarter of the current financial year from Rs 237.8 crore in the corresponding quarter last year, Sun TV Network said in a filing to the Bombay Stock Exchange (BSE).

Sun TV Networks operates 20 satellite television channels in Tamil, Telugu, Kannada and Malayalam. The company also runs FM radio stations.

For the half year ended September 30, 2009, the company posted a net profit of Rs 250.36 crore, up 18.74 per cent as against Rs 210.85 crore in the same period a year ago.

"The channels have been able to maintain their advertising growth from a well-diversified mix of clients (national, regional and local) across multiple product categories," Sun TV Network said.

Shares of Sun TV Network were trading at Rs 328.90, up 2.62 per cent in afternoon trade on the BSE.

BSE  |  NSE Price

Also Read   Related Stories News Now - Sun TV ties up with Endemol - Tata Steel net dips 50% to Rs 903 cr - GMR Infra net dips 40%; to raise Rs 1,000 cr - United Spirits Q2 net down 25% at Rs 69 cr - Wipro Q2 consolidated net up 19% at Rs 1,161 cr - Idea Cellular Q2 net profit at Rs 220 crore

Also Read   Related Stories News Now - Markets post worst May performace since 2006 - Kavveri Telecom Q4 net declines over 6% - Wall Street opens flat on economy worries - RIM to set up first BlackBerry innovation zone in India - Rajaratnam bragged about sources of inside info: Gupta lawyers More

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets post worst May performace since 2006 - Kavveri Telecom Q4 net declines over 6% - Wall Street opens flat on economy worries - RIM to set up first BlackBerry innovation zone in India - Rajaratnam bragged about sources of inside info: Gupta lawyers

Tags : Sun TV Network | net profit | results | Q2FY10   Read Business news in  Advertisements -  "Discover The Power of One" -  Help a Child Achieve her. Click to know more -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Watch The Film Here. Click here to know more.. -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  One Partnership Endless Possibilities. Click here to know more -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More