Sun TV Network Q1 profit rises 19% to Rs233 crore

Sun TV Network income from operations stood at Rs760.8 crore in the June quarter, up 10.4%, from Rs689.5 crore in the year-ago period


Photo: Pradeep Gaur/Mint
Photo: Pradeep Gaur/Mint

New Delhi: Sun TV Network Ltd on Friday reported a 19% increase in net profit at Rs.233.1 crore for the first quarter ended June.

The company had posted a net profit of Rs.195.8 crore in the same period last year.

Sun TV’s income from operations stood at Rs.760.8 crore in the reported quarter, up 10.4%, from Rs.689.5 crore in the year-ago period, the company said in a BSE filing.

During the quarter, subscription revenue grew 22% to Rs.232.1 crore. The stock closed 0.42% down at Rs.482.30 on BSE on Friday.

Sponsored Links by Revcontent