Sun TV Q4 profit flat at Rs 236 cr

Revenue rose to Rs 582 cr from Rs 564 cr a year ago

Kalanithi Maran
Kalanithi Maran
T E Narasimhan Chennai
Last Updated : May 26 2017 | 6:47 PM IST
Sun TV has reported a net profit of Rs 235.91 crore during the quarter ended March 31, 2017 as against Rs 235.47 crore, a year ago.

Kalanithi Maran-owned broadcaster revenue rose to Rs 582.50 crore from Rs 564.97 crore, a year ago, an increase of around three per cent.

The subscription revenue for the quarter rose by 12 per cent to Rs 241.88 crore from Rs 216.60 crore.

During the year ended March 31, 2017 company's IPL franchise 'Sunrisers Hyderabad' income stood at Rs 150.99 crore as against Rs 96.30 crore, a year ago.

The company is optimistic about 2017-18, since the external factors are behind. Sun Group also increased rates across the board. The company also said demonetisation impact will start to wane from June or July.

 

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

Next Story