Sun TV Network posted a strong operational performance in the September quarter, with revenue rising 39% year-on-year to ₹1,300 crore, supported by healthy subscription income and contributions from its sports franchise portfolio.
EBITDA surged 45% YoY to ₹784 crore, with margins expanding to 60.3% from 57.8%, reflecting improved operating leverage.
However, net profit declined 13.45% YoY to ₹354 crore, weighed down by higher costs and a softer advertising environment.
Advertisement revenue fell to ₹292.15 crore from ₹335.42 crore last year, even as domestic subscription revenue rose 9% to ₹476.09 crore, offering stability to the earnings mix.
The quarter also included the acquisition of 100% stake in SunRisers Leeds Limited, formerly Northern Superchargers, a franchise in the UK’s Th

CNBC-TV18

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New York Post Entertainment