Media Group Sun TV Network today reported a 16.83 per cent growth rate in net profit to Rs 119.80 crore in the first quarter ended June 30, 2009, as compared to Rs 102.54 crore in the corresponding period a year ago.
Total income increased to Rs 301.88 crore in the same quarter of 2009 from Rs 239.95 crore in the corresponding year-ago period, Sun TV said in a filing to the Bombay Stock Exchange.
"The channels have been able to continue to maintain its advertising growth resulting out of a well-diversified mix of clients (national, regional and local) across multiple product categories," the filing added.
Sun TV's revenue rose by 28.66 per cent to Rs 287.65 crore in the June quarter of this year.
During the quarter, the company earning per share stood at Rs 3.04, a 16.83 per cent rise over the year ago-period.
Shares of Sun TV closed at Rs 262.65, up 3.47 per cent on the BSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app