Television

Sun TV declares interim dividend as numbers jump in first quarter

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2018/08/10/suntv.jpg?itok=xo97hK05

BENGALURU: Sun TV Network Limited (Sun TV) reported improved numbers across all important parameters for the quarter ended 30 June 2018 (Q1 2019, quarter or period under review) as compared to the corresponding quarter of the previous year (Q1 2018). The company reported 40.8 percent higher year on year (y-o-y) standalone total income in the quarter under review at Rs 1,159.39 crore as compared to Rs 823.38 crore in Q1 2018. Standalone operating revenue increased 42.5 percent y-o-y to Rs 1,120.39 crore in Q1 2019 from Rs 786.32 crore in Q1 2018.The board of directors of the company has declared an interim dividend of 100 percent or Rs 5 per equity share of face value of Rs 5 each.

The company has stated in its earnings release that standalone subscription revenue at Rs 311.27 crore was up 15 percent y-o-y.

The company’s standalone profit after tax or PAT in Q1 2019 improved 62.6 percent y-o-y to Rs 409.14 crore as compared to Rs 251.64 crore in Q1 2019.

Sun TV standalone EBIDTA in Q1 2019 was Rs 731.74 crore (65.6 percent of operating revenue), 63.9 percent higher as compared to Rs 448.36 crore (57 percent of operating revenue) in Q1 2018.

Total Expenditure (TE) during the period under review increased 20.7 percent y-o-y to Rs 532.71 crore as compared to Rs 441.5 crore in the corresponding quarter of the previous year.

Operating expense in Q1 2019 increased 18.4 percent y-o-y to Rs 80.90 crore from Rs 68.34 crore in the corresponding quarter of the previous year. Employee Benefits Expense in Q1 2019 increased 24.5 percent y-o-y to Rs 85.16 crore as compared to Rs 64.42 crore in Q1 2018. Other expenses (OE) in the Q1 2019 increased 28.1 percent to Rs 148.29 crore as compared to Rs 115.75 crore in the corresponding quarter of the previous year.

SunRisers Hyderabad adds to operating profits of Sun TV

Su TV paid 16.6 percent lower IPL Franchisee Fees during the quarter under review at Rs 71.33 crore as compared to Rs 85.48 crore in Q1 2018. Sun TV’s IPL franchise has turned operationally profitable as per the notes in Sun TV’s financial statement. The company has included income of Rs 385.92 crore from Sun Risers Hyderabad and costs incurred on it of Rs186.66 crore in Q1 2019. Corresponding numbers for Sun Risers Hyderabad for year ago quarter were income of Rs 143.10 crore and costs of Rs 165.50.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/08/nd.jpg?itok=YM-bhHTo
NDTV 24X7 returns to top 5 in BARC week 48

NDTV 24X7 re-entered the top five of the English news genre in week 48 of BARC ratings. Aaj Tak yet again stood on top in all the three genres.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/08/trivago.jpg?itok=wfbO4AEk
Trivago most advertised in BARC week 48

Broadcast Audience Research Council (BARC) India has released its data for top advertisers and brands for the period between 24 November 2018 and 30 November 2018.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/08/kumkum.jpg?itok=pzRg5SSO
Zee Anmol leads GEC urban in BARC week 48

Zee TV climbed to the second position from fifth position as compared to the previous week in the Hindi (U+R) genre in Broadcast Audience Research Council (BARC) data for week 48 of 2018. Sony Pal and Star Utsav interchanged their second and third positions in the rural market. Star Plus and Zee TV...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/08/Sudhanshu-Vats.jpg?itok=GxlmKcXA
Transform by tackling moral dilemmas: Sudhanshu Vats

Media companies can no longer ask ‘if’ changes are happening. They are, there’s no doubt about it. But now it’s a question of how to respond. Addressing the CII Big Picture 2018 in New Delhi, Viacom18 group CEO and MD Sudhanshu Vats spoke on the topic of ‘Changing M&E landscape - from...

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/07/zee.jpg?itok=aoMaGwbx
Zee Telugu Announces World Television Premiere of Shailaja Reddy Alludu starring Naga Chaitanya and Anu Emmanuel

Zee Telugu is here to infuse you with uncontrollable laughter and mind-blowing action with the premier of Super Hit Telugu movie Shailaja Reddy Alludu.

Television TV Channels Regional
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/07/Prasar-Bharati.jpg?itok=6lZF8ytY
Prasar Bharati CEO on convergence and public b'casting

Prasar Bharati’s CEO Shashi Shekhar Vempati, while dwelling on convergence and its relevance to India’s pubcaster, opined that it was important to understand the changes happening in terms of media consumption and distribution to evolve and plan for the future ahead.  

Television TV Channels Terrestrial
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/06/dd.jpg?itok=tB6G59aR
Doordarshan launches new educational channel DD Roshini

Doordarshan has launched a new educational channel DD Roshini as part of Bruhat Bengaluru Mahanagara Palike’s (BBMP) project.

Television TV Channels Specialised and Niche
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/06/cii.jpg?itok=baar5LKJ
Media consumption in India growing @9% in last 6 years: CII-BCG report

The Indian media industry, experiencing disruptions, is witnessing an increase in consumption that has been facilitated by proliferation of broadband too and over the last six years has been growing at nine percent.

Television TV Channels Specialised and Niche
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/06/ryan.jpg?itok=-dNcF-MA
MTV’s Ryan Mendonca signs with BANG BANG as Director

Armed with over a decade of experience in the world of advertising, Mendonca started his filmmaking career at MTV

Television TV Channels Music and Youth

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories