Mumbai: Sun TV Network has posted its results for the third quarter of FY 2022. The media company’s revenue for the quarter, excluding the IPL, has increased by 27.76 per cent year-on-year to Rs 975.16 crore. Its overall revenues were at Rs 1033.10 crore and saw a growth of 6.25 per cent versus the same period year-on-year (31 December 2020).
The EBIDTA for the quarter grew by 20.18 per cent at Rs 721.87 crore and profit before taxes grew marginally by 2.90 per cent over the corresponding quarter ended 31 December 2020.
The profit after taxes (excluding the IPL) stood at Rs 437.89 crore up by 14.44 per cent YoY and the overall profit after taxes grew by 3.52 per cent to Rs 457.39 crores as against the corresponding quarter year-on-year.
The total comprehensive income for the quarter was up by 3.52 per cent at Rs 457.20 crore YoY. The earnings per share for the current quarter grew by 3.52 per cent at Rs 11.61 as against Rs 11.21 for the corresponding quarter ended 31 December 2020.
Sun TV's board of directors has declared an interim dividend of Rs 2.50 per share (50 per cent) on a face value of Rs five per share.
During the current quarter, Sun Pictures had released the blockbuster film "Annaatthe" starring superstar Rajinikanth.