Sun TV Q2 net profit up marginally to Rs 400.71 cr; revenue from operations declines

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Sun TV Q2 net profit up marginally to Rs 400.71 cr; revenue from operations declines

Ebitda recorded Rs 610.89 crore in September 2022, a growth of 4.15%.

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Mumbai: Sun TV has reported that its second quarter net profit was Rs 400.71 crore, up marginally by 1.88 per cent from Rs 393.32 crore in the same period of the previous fiscal.

Ebitda (earnings before interest, taxes, depreciation, and amortisation) was Rs 610.89 crore in September 2022. This was a 4.15 per cent increase over the previous fiscal period of Rs 586.57 crore.

Profit after tax rose significantly by three per cent to Rs 407.31 crore, compared with a profit of Rs 395.46 crore in the same quarter of the previous fiscal.

However, revenue from operations fell by 2.7 per cent to Rs. 825.65 crore compared to Rs. 848.67 crore in the same quarter of the previous fiscal.

A dividend of Rs 3.75 per share has been declared by the company.