Sun TV Network Q4 revenues up by 13.30%

Sun TV Network Limited, one of India's largest television broadcasters, has announced its financial results for the fourth quarter and fiscal year ended March 31, 2024.
Standalone Financial Highlights for FY24:

Total Income: Increased by 15.08% to Rs. 4,630.19 crore.
Revenues: Up by 13.30% to Rs. 4,148.36 crore.
EBITDA: Rose by 10.05% to Rs. 2,585.30 crore.
Profit After Taxes (PAT): Grew by 11.98% to Rs. 1,875.15 crore.

Standalone Financial Highlights for Q4 FY24:

Total Income: Up 18.22% to Rs. 1,057.24 crore.
Revenues: Increased by 13.96% to Rs. 927.12 crore.
Profit After Taxes (PAT): Grew by 9.01% to Rs. 398.77 crore.
Earnings Per Share (EPS): Up 9.01% to Rs. 10.11.

Consolidated Financial Highlights for FY24:

Revenues: Increased by 13.52% to Rs. 4,282.10 crore.
EBITDA: Rose by 10.24% to Rs. 2,638.10 crore.
Profit After Taxes (PAT): Grew by 12.82% to Rs. 1,925.80 crore.

Company Overview

Sun TV Network Limited operates a diverse portfolio of satellite television channels across seven languages: Tamil, Telugu, Kannada, Malayalam, Bangla, Marathi, and Hindi. The company also runs FM radio stations across India, owns the SunRisers Hyderabad cricket franchise in the Indian Premier League, SunRisers Eastern Cape in Cricket South Africa's T20 League, and the digital OTT platform Sun NXT.
Q4 FY24 Performance:

Total Income: Rs. 1,057.24 crore, up from Rs. 894.33 crore in Q4 FY23, an increase of 18.22%.
Revenues: Rs. 927.12 crore, up from Rs. 813.53 crore in Q4 FY23, an increase of 13.96%.
Profit Before Tax (PBT): Rs. 534.31 crore, up from Rs. 491.72 crore in Q4 FY23, an increase of 8.66%.
Profit After Taxes (PAT): Rs. 398.77 crore, up from Rs. 365.82 crore in Q4 FY23, an increase of 9.01%.
Earnings Per Share (EPS): Rs. 10.11, up from Rs. 9.28 in Q4 FY23, an increase of 9.01%.

FY24 Performance:

Standalone Revenues: Rs. 4,148.36 crore, up from Rs. 3,661.37 crore in FY23, an increase of 13.30%.
Domestic Subscription Revenues: Rs. 1,710.44 crore, up from Rs. 1,619.71 crore in FY23.
EBITDA: Rs. 2,585.30 crore, up from Rs. 2,349.29 crore in FY23, an increase of 10.05%.
Profit After Taxes (PAT): Rs. 1,875.15 crore, up from Rs. 1,674.53 crore in FY23, an increase of 11.98%.
Dividends: The Board of Directors declared four interim dividends, totaling 335% or Rs. 16.75 per share.

Consolidated FY24 Performance:

Revenues: Rs. 4,282.10 crore, up from Rs. 3,772.05 crore in FY23, an increase of 13.52%.
EBITDA: Rs. 2,638.10 crore, up from Rs. 2,392.99 crore in FY23, an increase of 10.24%.
Profit After Taxes (PAT): Rs. 1,925.80 crore, up from Rs. 1,706.92 crore in FY23, an increase of 12.82%.

Sun TV Network Limited continues to demonstrate robust growth and resilience in a dynamic market environment. The company's strategic investments and expansion into digital and sports franchises further strengthen its position as a leading media conglomerate in India.