Mumbai: Sun TV Network Ltd., one of the Television Broadcaster in India, operates Satellite Television Channels across six languages of Tamil, Telugu, Kannada, Malayalam, Bangla and Marathi, airs FM radio stations across India and own the SunRisers Hyderabad Cricket Franchise of the Indian Premier League, SunRisers Eastern Cape of Cricket South Africa’s T20 League and the Digital OTT Platform Sun NXT.

For the quarter ended 31 March 2023, the Revenues for the quarter were at Rs 813.53 crores as against Rs 833.01 crores for the corresponding quarter ended 31 March 2022. The Advertisement revenues for the quarter was at Rs 338.37 crores as against Rs 337.13 crores for the corresponding quarter ended 31 March 2022. The Subscription revenues for the quarter was at Rs 406.11 crores as against Rs 416.03 crores for the corresponding quarter ended 31 March, 2022. EBITDA for the quarter ended 31 March 2023 was at Rs.487.60 crores as against Rs 553.33 crores for the previous quarter ended 31 March 2022. The Profit after taxes for the current quarter stood at Rs 365.82 crores as against Rs 404.35 crores in the corresponding quarter ended 31 March 2022.

For the year ended 31 March 2023, the Standalone Revenues for the year was higher by ~4.46 per cent at Rs 3,661.37 crores as against Rs 3,504.88 crores for the corresponding year ended 31 March 2022. The Advertisement revenues for the year grew by ~7.95 per cent at Rs 1,403.96 crores as against Rs 1,300.60 crores for the previous year ended 31 March 2022.The Domestic Subscription revenues for the year was at Rs 1,619.71 crores, as against Rs 1,657.31 crores for the previous year ended 31 March 2022. EBITDA for the year ended 31 March 2023, was up ~3.78 per cent at Rs 2,349.28 crores as against Rs 2,263.78 crores for the previous year ended 31 March 2022. The Profit after taxes rose by ~1.81 per cent to Rs 1,674.53 crores for the year ended 31 March 2023 as against Rs 1,644.80 crores for the previous year ended 31 March 2022. During the year, the Board of Directors declared four interim dividends cumulating to 300 per cent, i.e Rs 15.00 per share.

For the year ended 31 March 2023, the Consolidated Revenues was up ~5.22 per cent at Rs 3,772.09 crores as against Rs 3,584.82 crores for the corresponding year ended 31 March 2022. EBITDA for the year ended 31st March 2023 was higher by ~4.61 per cent at Rs 2,392.99 crores as against Rs 2,287.49 crores for the previous year ended 31 March 2022. The Profit after taxes(after accounting of share from joint venture) also remained higher by ~3.96 per cent at Rs 1,706.92 crores for the year ended 31 March 2023, as against Rs 1,641.91 crores for the previous year ended 31 March 2022.