No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, October 3, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Sun TV Network Q1 net profit dips amid ad revenue decline

by TheAdviserMagazine
2 months ago
in Business
Reading Time: 2 mins read
A A
Sun TV Network Q1 net profit dips amid ad revenue decline
Share on FacebookShare on TwitterShare on LInkedIn


TV broadcaster Sun TV Network reported a marginal decline in its consolidated revenue and profit for the quarter ended June 30, as advertising income remained under pressure amid cautious spending by advertisers.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at ₹617 crore, down 13% from ₹706 crore in the same quarter last year. Profit after tax declined 3% to ₹529 crore, compared to ₹547 crore in Q1 FY25.

Total revenues for the quarter were ₹1,257 crore, compared to ₹1,276 crore in the year-ago period, reflecting a 1.5% year-on-year decrease.

Advertising revenues dropped 11% year-on-year to ₹290 crore, from ₹324 crore in the same period last year. TV ad revenues have been under pressure due to prevailing macroeconomic challenges and conservative advertising budgets from clients.

However, domestic subscription revenues continued to grow, rising 10% to ₹470 crore, up from ₹426 crore in Q1 FY25, despite the migration of pay-TV subscribers to video streaming.

Live Events

The board of directors has declared an interim dividend of ₹5 per share (100%) on a face value of ₹5, reinforcing Sun TV’s track record of consistent shareholder payouts.Sun TV Network is one of India’s largest broadcasters, operating satellite television channels across seven languages: Tamil, Telugu, Kannada, Malayalam, Bangla, Marathi and Hindi. It also runs a nationwide network of FM radio stations.In addition to its traditional media presence, the company has expanded its footprint in sports and digital entertainment. It owns the Indian Premier League franchise SunRisers Hyderabad and SunRisers Eastern Cape, a team in Cricket South Africa’s T20 League. It also operates Sun NXT, its over-the-top (OTT) streaming platform.

The results for the quarter ended June 30, 2025, include income of ₹473 crore from the company’s cricket franchises, compared to ₹497 crore in the same period last year, marking a 4.8% year-on-year decline.

Corresponding costs for the quarter stood at ₹256 crore, up from ₹236 crore in Q1 FY25, reflecting an 8.5% increase in operating expenses related to the franchises.

The company also disclosed that an exceptional item recorded during the quarter and the full year ended March 31, 2025, relates to a provision for impairment in its investment in a joint venture.

The impairment was recognised due to the recoverable amount falling below the carrying amount, driven by the joint venture’s operational performance and prevailing economic and market indicators.

In a significant development following the quarter, Sun TV Network has signed a Share Purchase Agreement with the England and Wales Cricket Board to acquire a 100% equity stake in Northern Superchargers, a company registered in London, United Kingdom.

The acquisition is valued at £100.5 million and marks Sun TV’s entry into The Hundred, England’s professional 100-ball cricket competition.



Source link

Tags: declineDipsnetNetworkprofitRevenueSun
ShareTweetShare
Previous Post

Bank of England cuts interest rates by a quarter point to 4%

Next Post

Three Questions State And Local Government Leaders Must Ask Themselves TODAY

Related Posts

edit post
Exclusive: Supabase raises 0 million at  billion valuation as vibe coding soars

Exclusive: Supabase raises $100 million at $5 billion valuation as vibe coding soars

by TheAdviserMagazine
October 3, 2025
0

The vibe coding movement, as Paul Copplestone figures it, started last December—and we’re already a few eras in.  “So, wave...

edit post
stock picks: Nifty shows positive reversal; experts eye buying opportunities on dips

stock picks: Nifty shows positive reversal; experts eye buying opportunities on dips

by TheAdviserMagazine
October 3, 2025
0

After a volatile start to the week, the Nifty index has shown signs of recovery, trading flat at 24,840 on...

edit post
Earnings momentum, banks and discretionary consumption to drive market upside: Tushar Bohra

Earnings momentum, banks and discretionary consumption to drive market upside: Tushar Bohra

by TheAdviserMagazine
October 3, 2025
0

Markets may be on the verge of a turnaround as earnings momentum is set to accelerate, according to Tushar Bohra,...

edit post
Tesla vehicle sales made a comeback last quarter. Will a lost EV tax credit end the rebound?

Tesla vehicle sales made a comeback last quarter. Will a lost EV tax credit end the rebound?

by TheAdviserMagazine
October 3, 2025
0

During a rough week for electric-vehicle makers in the U.S., Tesla investors got at least one piece of good news...

edit post
Investor education key to counter get-rich-quick culture: Sunil Subramaniam

Investor education key to counter get-rich-quick culture: Sunil Subramaniam

by TheAdviserMagazine
October 3, 2025
0

A recent survey showing that 62% of retail investors follow advice from financial influencers has sparked a wider debate on...

edit post
Japan’s next leader may be its first woman or youngest in modern era

Japan’s next leader may be its first woman or youngest in modern era

by TheAdviserMagazine
October 2, 2025
0

Japan stands a good chance of having its first woman prime minister or its youngest leader in the modern era...

Next Post
edit post
Three Questions State And Local Government Leaders Must Ask Themselves TODAY

Three Questions State And Local Government Leaders Must Ask Themselves TODAY

edit post
Intel shares fall after Trump demands the CEO ‘resign, immediately’

Intel shares fall after Trump demands the CEO 'resign, immediately'

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Links 10/3/2025 | naked capitalism

Links 10/3/2025 | naked capitalism

0
edit post
OnePay to add Bitcoin and Ether trading with Zerohash’s help

OnePay to add Bitcoin and Ether trading with Zerohash’s help

0
edit post
Senior Discounts That Overcharge More Than Regular Rates

Senior Discounts That Overcharge More Than Regular Rates

0
edit post
stock picks: Nifty shows positive reversal; experts eye buying opportunities on dips

stock picks: Nifty shows positive reversal; experts eye buying opportunities on dips

0
edit post
6 of the Most Surprising Credit Card Rewards Available Right Now

6 of the Most Surprising Credit Card Rewards Available Right Now

0
edit post
Exclusive: Supabase raises 0 million at  billion valuation as vibe coding soars

Exclusive: Supabase raises $100 million at $5 billion valuation as vibe coding soars

0
edit post
OnePay to add Bitcoin and Ether trading with Zerohash’s help

OnePay to add Bitcoin and Ether trading with Zerohash’s help

October 3, 2025
edit post
Exclusive: Supabase raises 0 million at  billion valuation as vibe coding soars

Exclusive: Supabase raises $100 million at $5 billion valuation as vibe coding soars

October 3, 2025
edit post
Links 10/3/2025 | naked capitalism

Links 10/3/2025 | naked capitalism

October 3, 2025
edit post
Hydrogen Fueling Station Market Growth Outlook & Investment Opportunities

Hydrogen Fueling Station Market Growth Outlook & Investment Opportunities

October 3, 2025
edit post
La Fondazione Ethereum svela la prossima fase della sua rivoluzione sulla privacy

La Fondazione Ethereum svela la prossima fase della sua rivoluzione sulla privacy

October 3, 2025
edit post
stock picks: Nifty shows positive reversal; experts eye buying opportunities on dips

stock picks: Nifty shows positive reversal; experts eye buying opportunities on dips

October 3, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • OnePay to add Bitcoin and Ether trading with Zerohash’s help
  • Exclusive: Supabase raises $100 million at $5 billion valuation as vibe coding soars
  • Links 10/3/2025 | naked capitalism
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.