Television

Q2-2016: Sun TV YoY revenue up 11.6%, PAT up 41.4%

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2015/10/28/sun%20tv%20network.jpg?itok=fSvY_-pR

BENGALURU: Sun TV Network Limited (Sun TV) reported 11.6 per cent growth in standalone revenue (Total income from operations or TIO) in Q2-2016 (quarter ended 30 September, 2015, current quarter) at Rs 568.09 crore as compared to Rs 509.02 crore in Q2-2015, but 17.8 per cent less than the Rs 691.09 crore in Q2-2016.

The company reported 41.4 per cent higher profit after tax (PAT) in the current quarter at Rs 213.38 crore (38.4 per cent margin) as compared to the Rs 154.47 crore (30.3 per cent margin) and10.7 per cent more than the Rs 197.28 crore (28.5 per cent margin) in Q1-2016.

Note: 100,00,000 = 100 Lakhs = 10 million = 1 crore

All figures in this report are standalone.

 

The company in its earnings release says that subscription revenues grew 10 per cent in the current quarter to Rs 197.42 crore as compared to the Rs 179.48 crore in the corresponding year ago quarter. Advertisement revenue in Q2-2016 increased 15.8 per cent to Rs301.37 crore as compared to Rs 260.26 crore in Q2-2016, but declined seven per cent from Rs 323.89 crore in the immediate trailing quarter.

The board of directors of the company have decided not to declare any dividend for Q2-2016.

Let?s look at the other numbers reported by Sun TV

Sun TV?s total expenses (TE) in the current quarter at Rs 253.44 crore (44.6 per cent of TIO) was 15 per cent lower YoY than Rs 298.22 crore (58.6 per cent of TIO) and 38.5 per cent lower QoQ as compared to Rs 412.10 crore (59.6 per cent of TIO). The company?s TE in Q1 included IPL franchisee of Rs 85.05 crore (12.3 per cent of TIO), which is a non-recurring item during the other three quarters of the year.

Sun TV?s ?Other Expenditure? (OE) is a major expense head that has declined QoQ by a huge margin. OE in Q2-2016 at Rs 31.31 crore (5.5 per cent of TIO) was 38.2 per cent more than the Rs 22.65 crore (4.4 per cent of TIO) in Q2-2015 and almost a third of the Rs 91.65 crore (13.3 per cent of TIO) in Q1-2016.

Sun TV?s Employee Benefit Expense (EBE) in Q2-2016 increased 13.5 per cent to Rs 56.92 crore (10 per cent of TIO) as compared to the Rs 50.13 crore (9.8 per cent of TIO) in Q2-2015 and 4.4 per cent more than the Rs 54.51 crore (7.9 per cent of TIO) in the immediate trailing quarter.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/15/Sony_Marathi.jpg?itok=gd2Uqx84
Sony Marathi aims to fill need gap in the market

Sony is taking the plunge into the Marathi general entertainment market to compete with Zee Marathi, Zee Yuva, Colors Marathi and Star Pravah.

Television TV Channels Regional
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/14/ndtv.jpg?itok=G6JI38LH
NDTV India reverts to pay channel from FTA

NDTV has decided to convert its free to air (FTA) channel NDTV India as a pay channel with effect from 15 September. On 8 April 2016, NDTV India, the Hindi news channel, started its FTA journey. Prior to that, the channel was a paid service priced at Rs 3.37 on direct-to-home (DTH) and addressable...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/14/tyson.jpg?itok=zxfKx9sB
Mohamedali pulls no punches, ropes in Mike Tyson to launch the global Kumite 1 League

Kumite 1 League, the first global team Mixed Martial Arts league, is all set to host boxing legend Mike Tyson.

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/14/news.jpg?itok=pYr3369_
Times NOW & Mirror Now announce a special line-up to celebrate the 72nd Independence Day

As India gears up to celebrate its 72nd Independence Day, India’s leading English news channels, Times Now & Mirror Now, announce their special programming line-up to celebrate the spirit of freedom.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/14/fernandes.jpg?itok=ZWXeOW8Z
Changes in Senior Management & Board of Directors of lnduslnd Media & Communications limited, a subsidiary of the Company

The Board of Directors of HVL on August 13, 2018 have noted  that  Board of Directors of lnduslnd Media & Communications Limited ("IMCL"), a subsidiary of HVL has:

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/14/neeraj.jpg?itok=ZvLk4ckd
Sab's Aladdin to be relevant to the new generation

Sony Sab is all set to transport viewers to an age-old story with a modern twist. After giving three new launches this month, it is close to launching the fourth one Aladdin: Naam Toh Suna Hoga, produced by Peninsula Pictures, which will be aired on 21 August, Monday to Friday at 9 pm. Its recent...

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/14/asia-cup.jpg?itok=L-YXgemt
Star Sports to telecast Asia Cup in Hindi, English, Tamil

The Unimoni Asia Cup 2018 is all set to commence from 15 September and will see Asian neighbours – India, Pakistan, Bangladesh, Sri Lanka and Afghanistan - fight for the trophy. Star Sports, the official broadcaster, has released its first film for the tournament which speaks of the unique aspect...

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/13/zoom.jpg?itok=KkVHZdxQ
Zoom Studios launches its second series, ‘Ready 2 Mingle’

After the resounding success of The Reunion, The Zoom Studios, the original content arm of zoOm styled by Myntra is back with its second series- Ready 2 Mingle.

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/08/13/pl.jpg?itok=XC7xv3jD
CPL 2018 becomes first T20 league to stream live on Twitter

The Hero Caribbean Premier League has recently announced its collaboration with Twitter to live stream all matches of the 2018 season in 54 countries.

Television TV Channels Sports

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories