Sun TV Q1 net surges 19.10% to Rs 197 cr

Sun TV today reported a 19.10 per cent increase in net profit at Rs 197.28 crore for the first quarter ended June 30, 2015.
The company had reported a net profit of Rs 165.64 crore for the April-June quarter of the last year.
Income from operations of the Kalanidhi Maran-owned Sun TV Network in the quarter under review increased by 9.07 per cent to Rs 691.09 crore as against Rs 633.58 crore in the corresponding quarter last year, the company said in a BSE filing.
During the quarter, Sun TV's advertising revenue increased by 16 per cent to Rs 323.89 crore.

Its subscription revenue grew by 13 per cent while its direct-to-home (DTH) subscription revenue increased by 9 per cent over the same period a year ago.
Shares of the Chennai-based television broadcaster were trading at Rs 333.35 per scrip in the afternoon trade, up 7.90 per cent from the previous close on BSE.