Sun TV shares rose 8 per cent after it said that legal notices issued by a family member to promoter Kalanithi Maran were withdrawn
Sun TV Network Ltd has reported a decline of 5.38 per cent in consolidated profit after tax (PAT) at Rs 529.21 crore for the first quarter ended June 30, 2025. The company had reported a PAT of Rs 559.32 crore in the April-June period a year ago, Sun TV Network, one of the largest broadcasters, said in a regulatory filing on Thursday. Its revenue from operations was down 1.77 per cent to Rs 1,290.28 crore in the June quarter. This was at Rs 1,313.55 crore in the corresponding quarter last year. Sun TV Network's total expenses increased 10 per cent to Rs 782 crore in the June quarter of FY'26. However, total income of Sun TV Networks, which includes other incomes, in the June quarter was up 1.28 per cent to Rs 1,479.19 crore. Sun TV also owns the Sunrisers Hyderabad Cricket Franchise of the Indian Premier League and the Sunrisers Eastern Cape of Cricket South Africa's T20 League. "The results for the quarter ended June 30, 2025 include income from the Holding Company's Cricket ...