Television

Q3-2014: Sun TV ad, subs revenue up; declares 3rd interim dividend

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2014/02/07/Sun_TV.jpg?itok=vCFwZio1

BENGALURU: Sun TV Network Limited (Sun TV) has declared sunny results once again for Q3-2014. The company says that its q-o-q Ad revenue grew by 17 per cent in Q3-2014. Sun TV says that during the quarter, Subscription revenue from cable and DTH digitisation momentum with a sustained growth of approximately 27 per cent y-o-y at Rs 167.12 crore as compared to the Rs 131.27 crore. It says further that its international subscription revenue grew by 29 per cent as compared to the same period of last year.

The company’s board of directors has declared an interim dividend of Rs 2.50 per share (50 per cent). This is in addition to the interim dividend of Rs 2.25 per share (45 per cent) and Rs 2.50 per share (50 per cent) declared at the Board meetings held on 02 August, 2013 and 8 November, 2013 respectively.

PAT for Q3-2014 grew 9.83 per cent to Rs 185.79 crore from Rs 169.16 crore in the immediate trailing quarter, but was 2.15 per cent lower y-o-y than the Rs 189.88 crore in Q3-2013. It’s YTD PAT grew 2.68 per cent to Rs 519.39 crore from Rs 505.84 crore in the corresponding period of last fiscal. During FY-2014, the company reported a PAT of Rs 683.34 crore.

Let us look at the other Q3-2014 results reported by Sun TV

Sun TV reported 8.99 per cent higher q-o-q operating revenue for Q3-2014 at Rs 503.84 crore and hence crossed the Rs 500 crore per quarter revenue mark for the first time. Its Q2-2014 operating revenue was Rs 466.41 crore and Q3-2013 operating revenue was Rs 48.86 crore – comparatively the current quarter’s operating revenue was higher by 4.63 per cent. For the nine month period ended 31 December, 2013, Sun TV reported 17.22 per cent growth to Rs 1576.60 crore from Rs 1344.95 crore in the corresponding period of last year.

Sun TV’s Total Income at Rs 523.19 crore was 3.58 per cent more than the Rs 505.11 crore in Q2-2014 and 5.39 per cent more than the Rs 494.61 crore in Q3-2013. Its current year’s nine month total revenue was up 19.18 per cent to Rs 1642.64 crore as compared to the Rs 1378.34 crore reported in the corresponding nine month period of last fiscal.

Sun TV’s total expense at Rs 242.38 crore in Q3-2014 was 1.59 per cent lower than the Rs 246.29 crore in Q2-2014 and 13.31 per cent more than the Rs 213.90 crore in Q3-2013. YTD, its total expense including Rs 85.05 crore towards IPL Franchise Fees at Rs 854.26 crore was 36 per cent more than the Rs 628.12 crore of the corresponding period of last year. Excluding IPL Franchise Fees (which is not a quarterly recurring expense, but an annual one), Sun TV’s total YTD expense at Rs 769.21 crore was 22.46 per cent more than the total expense for the corresponding nine month period of last year.

Click below for:-

Financials

Earnings Release

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/21/inside-800x800.jpg?itok=_rxsCsI-
Star Plus, Jalsha & Zee telecast challenged in B'Desh SC

MUMBAI: An appeal has been filed in the Bangladesh Supreme Court challenging the country's High Court verdict that approved continuing of telecast of three Indian TV channels. The Bangladesh High Court had paved the way for continuance of telecast of Star Plus, Zee Bangla and Star Jalsha. The...

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/21/UK%20TV.jpg?itok=7UJUL8VJ
India's UK TV content imports rise to Rs 125 crore in 2015-2016

MUMBAI: India is the second fastest growing market for the UK content. That’s the findings of the latest TV export report for 2015-2016 released by the Producers Alliance for Cinema & Television (PACT). The report states that imports of British content by Indian broadcasters grew a handsome 43...

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/20/BIG-Magic_Akbar_Logo.jpg?itok=WhRLhaGi
Big Magic to air 'Akbar' from 20 Feb

MUMBAI: BIG Magic, a variety general entertainment channel, adds yet another unique offering to its bouquet of shows with the launch of a first-of-its-kind historic drama, ‘Akbar’.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/20/IPL-2017%20%281%29_0.jpg?itok=6bGpZAhN
IPL 2017 auction: Ben Stokes, Tymal Mills top overseas buys, Karn Sharma biggest Indian buy

England’s all rounder Ben Stokes at Rs. 145 million (RPS) followed by compatriot Tymal Mills at Rs. 120 million (RCB) were amongst the top foreign buys, while Indians player Karn Sharma was picked by MI for Rs. 35 million at the Indian Premier League (IPL) 2017 auction that began in Bengaluru...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/20/Big-Little-Lies%20%281%29.jpg?itok=T6WzQH0j
Star World Premiere HD set to air 'Big Little Lies'

Star World Premiere HD is now all set to premiere one of the most awaited series of the year –Big Little Lies on 21 February at 10 pm.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/20/Vikas-Handu%20%281%29.jpg?itok=bzbhX7if
Vikas Handu joins India TV as VP digital strategy

Vikas Handu has joined India TV as a vice president, Digital Strategy. Prior to this he had been heading product and technology at The Indian Express group. He will report to Ritu Dhawan, MD and CEO, India TV.

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/20/Living-Foodz%20%281%29.jpg?itok=YoEyleUL
Living Foodz partners with 'All Things Nice' for the 5th Edition of 'Celebrating India's Finest'

All Things Nice hosted the 5th edition of ‘Celebrating India’s Finest’ to recognize the winners of the ‘Indian Wine Consumer’s Choice Awards’, 2017, in association with lifestyle partner Living Foodz. The premium lifestyle channel is set to bring this unique experience to it’s viewers for the first...

Television TV Channels Specialised and Niche
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/19/pepsi-ipl%20%281%29.jpg?itok=xgcsPsUr
IPL: BCCI interim admin issues directions on player auction

BCCI's Committee of Administrators (CoA) on Sunday issued the following directions in respect of the upcoming IPL Player Auctions to be held in Bengaluru on 20th February 2017:

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/19/raj-nayak.jpg?itok=D-QNNKzN
BT Media distributing Colors HD to Sky UK subs

BT Media & Broadcast, the global media services business of BT last Friday evening announced its association with Viacom18, one of India’s fastest growing entertainment network, to bring its flagship Hindi general entertainment channel, Colors, to Sky TV subscribers in the UK in High...

Television TV Channels GECs

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories