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TV shares rose 8 per cent after it said that legal notices issued by a family member to promoter Kalanithi Maran were withdrawn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 ...
Tamil Nadu Chief Minister M K Stalin was said to have asked DMK MP Dayanidhi Maran and his elder brother and chairman of Sun TV Network Kalanithi Maran, to amicably resolve the dispute between them over the shares of Sun TV Network. A reliable source on Thursday said the DMK president had recently asked the Maran brothers to sort out the differences in the interest of the family. There was, however, no official confirmation from the Maran brothers. The move to patch up differences between them comes a month after Dayanidhi sent a legal notice to his elder brother, his sister-in-law, and six others, objecting to the share transactions of the Sun TV Network, which took place in 2003. He alleged that Kalanidhi allotted 60 per cent of the shares of Sun TV to himself without consultation or approval' of the existing majority shareholders and in collusion with other respondents, and thus became a majority shareholder with controlling interest. However, on June 20, Sun TV informed the Bo
Sun TV denied reports of a dispute between CMD Kalanithi Maran and former Union Minister Dayanidhi Maran over a 2003 share allotment
Shares of Sun TV fell on reports that MP Dayanidhi Maran accused his brother and Chairman Kalanithi Maran of fraud and money laundering in a legal notice
Weak advertising income and rising expenses drag Sun TV's Q4 results; while headwinds persist, gains could come from a pickup in ad revenue and strong dividend policy
Sun TV Network reported a 10.4% decline in Q4 PAT to ₹371.77 crore, with annual profit down 11.5%. Revenue fell slightly, while cricket franchise income contributed ₹641.96 crore in FY25
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Sun TV Networks Ltd on Friday reported a decline of 20 per cent in its consolidated profit after tax (PAT) at Rs 363.26 crore for the third quarter ended December 2024. The company had reported a PAT of Rs 454.09 crore in the October-December period a year ago, according to a BSE filing from Sun TV Network, one of the largest broadcasters. Its revenue from operations declined 10.35 per cent to Rs 827.56 crore in the December quarter. This same stood at Rs 923.15 crore in the year-ago period. Sun TV Networks' total expenses increased 10.86 per cent at Rs 500.01 crore in the december quarter of FY25. The total income of Sun TV Networks in the December quarter was Rs 967.56 crore, down 8.6 per cent. Moreover, in a separate filing, Sun TV informed its board has declared an interim dividend of 50 per cent, which is Rs 2.50 per equity share of Rs 5 each for financial year 2024-25. It also owns SunRisers Hyderabad Cricket Franchise of the Indian Premier League and SunRisers Eastern Cape
The profit before interest, depreciation, and taxes (PBIDT) of the company declined by 15.1 per cent to Rs 713.1 crore on a Y-o-Y basis for the July-September quarter
Sun TV stock outlook: Prolonged weakness in ad revenue, coupled with risk around market share loss, and strong competition from deep-pocketed OTT players continued to pose concerns
Sun TV Networks Ltd on Friday reported a decline of 5.48 per cent in its consolidated profit after tax at Rs 559.58 crore in the first quarter ended June 2024. The company had reported a PAT (profit after tax) of Rs 592.08 crore in the April-June period a year ago, according to a BSE filing from Sun TV Network, one of the largest broadcasters. Its revenue from operations was down 2.72 per cent to Rs 1,312.40 crore during the quarter under review. It was at Rs 1,349.22 crore in the year-ago period. Sun TV Networks' total expenses increased 10 per cent to Rs 709.12 crore in the June quarter of FY25. The total income of Sun TV Networks in the June quarter was marginally down to Rs 1,459.20 crore. The board of the company at its meeting held on Friday declared an interim dividend of Rs 5 per share. Sun TV Network operates satellite television channels across six languages -- Tamil, Telugu, Kannada, Malayalam, Bangla and Marathi, and airs FM radio stations across India. It also owns
The Nifty Media index has shed 15 per cent so far in 2024 and is the sole index trading below the 200-DMA on the NSE. Chart suggests better days are likely ahead.
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Sun TV Networks Ltd on Friday reported a 9.08 per cent increase in consolidated profit after tax (PAT) to Rs 414.94 crore for the March quarter. The company had reported a PAT of Rs 380.40 crore in the January-March period a year ago, according to a BSE filing from Sun TV Network, one of the largest broadcasters. Its revenue from operations was up 14.4 per cent to Rs 961.28 crore during the quarter under review from Rs 840.36 crore in the year-ago period. Sun TV Networks' total expenses were at Rs 548.34 crore, up 29 per cent year-on-year, while the total income was 18.63 per cent higher at Rs 1,098.72 crore. For the financial year ended on March 31, 2024 Sun TV Networks consolidated PAT was up 12.82 per cent to Rs 1,925.80 crore. It was at Rs 1,706.92 crore a year ago. Its revenue from operations in FY24 was up 13.52 per cent to Rs 4,282.10 crore. Sun TV Network operates satellite television channels across six languages -- Tamil, Telugu, Kannada, Malayalam, Bangla, and Marathi,
Brokerages are positive on the stock given its attractive valuations and expect a re-rating if there is value unlocking for its IPL franchise
Analysts believe that Lok Sabha polls and IPL may provide short-term earnings boost, but the overall sentiment depends on how the RIL-Disney deal shapes up or a revival in Zee-Sony India merger talks.
Sun TV Network Ltd on Wednesday reported 6.81 per cent increase in consolidated profit after tax (PAT) at Rs 454.09 crore for the third quarter ended December 2023. The company had reported a PAT of Rs 425.10 crore in October-December FY23, according to a BSE filing by Sun TV Network, one of the largest broadcasters. Revenue from operations rose to Rs 923.15 crore from Rs 886.88 crore. Total expenses were at Rs 451 crore, up 7.86 per cent from the year-ago period. Total income was higher by 7.5 per cent to Rs 1,058.66 crore. In a separate filing, the company informed that its board in a meeting held on Wednesday declared an interim dividend of 50 per cent, which is Rs 2.50 per share on face value of Rs 5 per share. "This is in addition to the interim dividends of Rs 6.25 per share and Rs 5 per share declared at their meetings held on August 11, 2023 and November 10, 2023, respectively," it said. Sun TV Network operates satellite television channels across six languages - Tamil, .
Advertising revenue, however, fails to translate into real action despite optimism