Earnings
Sun TV Net Up 21% On Strong Ad Sales Growth
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Chennai-headquartered Sun TV Network Ltd today said net profit for the quarter ended 30 September was at Rs130.56 crore, up 21% year-on-year. Revenues grew 35% y-o-y to Rs320.39 crore.
For the half year ended 30 September, net profit rose 18.74% to Rs250.36 crore.
The company operates 20 television channels in the four south Indian languages and 42 FM radio stations across the country.
At the time of writing, the Sun TV scrip was trading at Rs332, up 3.59% on the Bombay Stock Exchange.
The company has tied up with Dutch production firm Endemol to launch the game show Deal Or No Deal in regional languages (via Business Standard).
| 2Q 2009 | 2Q 2008 | |
|---|---|---|
| EPS | Rs3.31 | Rs2.75 |
| Net Income | Rs130.56 crore | Rs108.31 crore |
| Revenue | Rs320.39 crore | Rs237.88 crore |
By Sruthijith KK
@sruthijith
Oct 28, 2009 4:58 AM ET
@sruthijith
Oct 28, 2009 4:58 AM ET
Posted In: Media & Publishing, TV, Money, Earnings
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