Television

Sun TV FY-2014 PAT up 5.4 per cent: Board recommends final dividend of 45 per cent

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2014/05/23/SUNLOGO_0.jpg?itok=IX72cGcb

BENGALURU: Sun TV Network Limited (Sun TV) has declared a repeat of sunny results once again for FY-2014. The company’s consolidated PAT at Rs 748.01 crore (33.64 per cent of income from operations or revenue) was up 5.42 per cent as compared to the Rs 709.56 crore (36.9 per cent of revenue) in FY-2013.

The company’s consolidated income from operations (revenue) at Rs 2223.62 crore was 15.63 per cent more than the Rs 1923 crore in FY-2013.

The company’s income from operations figures include income of Rs 105.53 crore (4.72 per cent of revenue) and costs of Rs 142.06 crore (6.39 per cent of revenue) from its IPL franchisee cricket team Sun Risers Hyderabad in FY-2014.The company has paid Rs 85.5 crore (3.85 per cent of revenue) IPL franchisee fees that Sun TV has paid for its IPL in FY-2014.

The company’s press release says that its subscription revenues have maintained a robust y-o-y and q-o-q growth of 25 per cent and that its radio broadcasting operations have maintained a y-o-y growth of 18 per cent and have reported 18 per cent PAT margins.

Sun TV Network Ltd has informed BSE that the board of directors of the company at its meeting held on 23 May 2014, inter alia, have recommended a final dividend of Rs 2.25 per share (45 per cent). This is in addition to the interim dividend of Rs 2.25 per share (45 per cent), Rs 2.50 per share (50 per cent) and Rs 2.50 per share (50 per cent) declared at the board meeting held on 2 August 2013, 8 November 2013 and 7 February 2014 respectively.  This takes the total dividend payout by the company to 190 per cent per equity share of Rs 5 in FY-2014.

Let us look at the other numbers reported by Sun TV for FY-2014 and Q4-2014

Consolidated Numbers

Consolidated Total Expense in FY-2014 at Rs 1192.19 crore (53.61 per cent of revenue) was 24.76 per cent more than the Rs 955.59 crore (49.69 per cent of revenue) in FY-2013.

The company’s consolidated cost of revenue (COR) in FY-2014 at Rs 215.81 crore (9.71 per cent of revenue) was 17.01 per cent more than the Rs 184.43 crore in FY-2013.

Sun TV’s consolidated depreciation and amortisation (DAA) in FY-2014 at Rs 478.28 crore (21.51 per cent of revenue) was 8.27 per cent more than the Rs 441.73 crore (22.97 per cent of revenue) in FY-2013.

Consolidated other expenditure at Rs 194.06 crore (8.71 per cent of revenue) was 49.21 per cent more than the Rs 130.06 crore (6.76 per cent of revenue) in FY-2013.

The company had other income on a consolidated basis in FY-2014 at Rs 86.61 crore which was 19.94 per cent more than the Rs 72.21 crore in FY-2013.

Standalone numbers

During the last quarter (Q3-2014) Sun TV had passed the Rs 500 crore per quarter mark for the first time by clocking standalone revenue of Rs 503.84 crore. In Q4-2014, the company has improved upon this by another 2.33 per cent to register standalone revenue of Rs 520.18 crore, the figure betters the year ago quarter Q4-2013 revenue of Rs 472.67 crore by 10.05 per cent.

Standalone income from operations for FY-2014 at Rs 2096.78 crore was 15.36 per cent more than the Rs 1817.62 crore in FY-2013.

Standalone PAT for the FY-2014 at Rs 716.96 crore (34.19 per cent of revenue) was 4.92 per cent more than the Rs 683.34 crore (37.60 per cent of revenue) in FY-2013.

Standalone PAT for Q4-2014 at Rs 197.57 crore (38.98 per cent of revenue) was 6.34 per cent more than the Rs 185.79 crore (36.55 per cent of revenue) in the immediate trailing quarter and 11.31 per cent more than the Rs 177.50 crore (37.55 per cent of revenue) in Q4-2014.

The company’s standalone cost of revenue (COR) in FY-2014 at Rs 185.14 crore (8.83 per cent of revenue) was 19.32 per cent more than the Rs 155.16 crore (8.54 per cent of revenue) in FY-2013. Standalone COR in Q4-2014 at Rs 43.51 crore (8.36 per cent of revenue) was (-18.95) per cent lower than the Rs 53.68 crore (8.54 per cent of revenue) in Q3-2014 and (-8.34) per cent lower than the Rs 47.47 crore in Q4-2013.

Sun TV’s standalone depreciation and amortisation (DAA)  in FY-2014 at Rs 453.34 crore (21.62 per cent of revenue) was 9.72 per cent more than the Rs 413.18 crore (22.73 per cent of revenue) in FY-2013. Q4-2014 DAA at Rs 112.33 crore (21.59 per cent of revenue) was 5.91 per cent more than the Rs 106.06 crore (20.86 per cent of revenue) in Q3-2014 and 10.46 per cent more than the Rs 101.69 crore (21.51 per cent of revenue) in Q4-2013.

Standalone other expenditure (OE) in FY-2014 at Rs 170.68 crore (8.14 per cent of revenue) was 57.37 per cent more than the Rs 108.46 crore (5.97 per cent of revenue) in FY-2013. OE in Q4-2014 at Rs 26.01 crore (5 per cent of revenue) was (-23.99) per cent lower than the Rs 32.44 crore (6.73 per cent of revenue) in Q3-2014 and (-19.17) per cent lower than the Rs 32.18 crore (6.18 per cent of revenue) in Q4-2014.

The company had other standalone income of Rs 72.91 crore in FY-2014 which was 19.94 per cent more than the Rs 72.21 crore in FY-2013. Standalone other income in Q4-2014 at Rs 13.17 crore was (-11.31) per cent lower than the Rs 14.85 crore in Q3-2014 and (-39.11) per cent lower than the Rs 21.63 crore in Q4-2013.

Sun TV is one of the largest television broadcasters in India that operates satellite television channels across four languages of Tamil, Telugu, Kannada and Malayalam and has the largest private FM radio network in India under brand 93.5 Red FM. As mentioned above, it also owns the IPL franchisee Sun Risers Hyderabad.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/23/Arnab-02-Story.jpg?itok=vuwegBAV
Dominance of Republic TV continues as genre ratings plunge

BENGALURU: The Arnab Goswami-led Republic TV continued to lead the English News genre as the combined weekly ratings of the top 5 English News channels for week 41 (Saturday, 7th October 2017 to Friday, 13th October 2017) reached a new nadir – the lowest ratings in the second half year of 2017 to...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/23/Swapan_Dasgupta.jpg?itok=AgbfDf7_
RSTV editor to be chosen by new panel comprising Prasar chief, MP Dasgupta and journalist Srivastava

MUMBAI: A search-and-select panel comprising lawmakers, senior journalists, Prasar Bharati and Rajya Sabha Secretariat officials has been formed to pick Rajya Sabha Television (RSTV) editor-in-chief.

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/21/Jennifer%20Zaldivar-Clark.jpg?itok=CS2eHKz9
Viacom expands Zaldivar-Clark's role as Paramount SVP - talent

MUMBAI: Viacom Inc. has announced the appointment of Jennifer Zaldivar-Clark as the senior vice president of talent for Paramount Network. In this expanded role, Zaldivar-Clark will oversee Paramount Network’s newly formed talent function and will continue to serve as the SVP of Talent and...

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/21/Sandeep%20Gurumurthi_2.jpg?itok=ZejRgvl6
Strong economic logic underpins several events, says Gurumurthi, as ET Now adds new viewer category

A while ago, the Times Network decided to embark on a mission to provide more to its business viewers of ET Now. Rather than overdose them with business news 24X7, it decided to show them how general news can also be viewed with a business lens.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/20/natgeo-dd.jpg?itok=8e3wWIqm
Discovery-like Doordarshan channel recommended to environment ministry

MUMBAI: Doordarshan’s experiments with specialised channels aimed at various sectors did not see the outcome on expected lines. It may, however, come up with a 24×7 channel dedicated to an issue. The third National Wildlife Action Plan (NWAP), effective till 2031, has recommended setting up 'DD...

Television TV Channels Terrestrial
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/19/Sunita_Uchil_0.jpg?itok=xmMsZu2i
Zee Content Hub originals slate for DISCOP SA: First Indian-African drama, lifestyle and factual programmes offered

MUMBAI: Global Content Hub by Zee – the syndication division of Zee Entertainment Enterprises Limited (ZEEL) -- announced its new, original programmes for licensing at the upcoming DISCOP market, in Johannesburg on 25-27 October. Highlights of this year’s portfolio include the new Indian/African...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/18/kids.jpg?itok=NRJKgGmR
Kids channels ensure strong lineup for Diwali season

Kids channels will hope to grab more eyeballs during Diwali, which also happens to be vacation time for most schools.

Television TV Channels Kids
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/18/leela.jpg?itok=A8io70Ro
Sony Yay! associates with 'Animals Matter To Me' to make this Diwali ‘Pawesome’

Animals play an integral role in our lives, always showering us with love no matter what. However, in return we humans rarely reciprocate their love.

Television TV Channels Kids
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/18/purie.jpg?itok=FVJ9-hkm
India Today's Purie says new vice chairperson Kalli has ability to straddle edit and biz functions

India Today Group, which runs news channels -- India Today and Aaj Tak, on Tuesday, named Kalli Purie as the vice chairperson.

Television TV Channels People

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories