Sun tv Q1 Results with Revenue at ₹1,312.40 Crores, Net Profit at ₹559.77 Crores

Sun TV Network's financial results show a mix of changes for the quarter ending June 30, 2024. The company reported a revenue of ₹1,312.40 Crores, which is slightly lower compared to ₹1,349.22 Crores in the same quarter last year.

However, their other income has increased to ₹146.80 Crores from ₹120.90 Crores, helping to keep the total income relatively steady at ₹1,459.20 Crores, compared to ₹1,470.12 Crores in the previous year.

Sun TV total expenses for the quarter rose to ₹709.12 Crores from ₹558.34 Crores a year earlier. This increase is attributed to higher operating expenses and significant costs associated with cricket franchise fees. Despite this, the company's profit before tax dropped to ₹752.66 Crores from ₹916.72 Crores in the same period last year.

After accounting for taxes, which increased to ₹192.89 Crores, the net profit came out to ₹559.77 Crores, down from ₹776.34 Crores in the previous year. The earnings per share (EPS) improved slightly to ₹0.19, up from ₹0.16. 

Source: Here

Sun TV Q1 Results 2024-2025

Here is a detailed look at Sun TV Network's financial results for the quarter ending June 30, 2024:

Sun TV 

Sun TV’s financial table provides a snapshot of a company's financial metrics. The market capitalization is ₹32,254 Crore, indicating the total value of all its shares. The current stock price is ₹818, with the highest price over the past year being ₹922 and the lowest ₹535. 

Here’s the summary in the table: 

Quarterly Results 

The Sun TV financial data from December 2023 to June 2024 shows a steady improvement in the company's performance. Sales have grown significantly from ₹923 crores in December 2023 to ₹1,312 crores in June 2024. Although expenses also increased, the operating profit rose from ₹523 crores in March 2024 to ₹719 crores in June 2024.

(Figures in (₹) Crores)

About Sun Tv 

Sun TV is a popular Tamil-language television channel in India that was launched on 14 April 1993. It is part of the Sun TV Network, a major media conglomerate based in Chennai, Tamil Nadu. Sun TV was founded by Kalanithi Maran, who also owns the Sun Group. Since its inception, the channel has played a significant role in the Tamil entertainment industry, offering a wide range of programming that includes movies, TV shows, news, and reality shows.

Sun TV quickly gained popularity due to its high-quality content and became the most-watched Tamil television channel. The channel started with only a few hours of programming each day, but by January 1997, it had expanded to a full 24-hour broadcast schedule.

Sun TV has a global reach, with broadcasts available in countries like the United States, Singapore, Malaysia, Sri Lanka, and several others. The channel launched its HD version on 11 December 2011, further enhancing its viewership experience. Today, Sun TV continues to be a leader in Tamil-language television, known for its engaging content and widespread popularity.