Sun TV Q1 FY 15 shows rise in revenue

Sun TV, which operates Satellite Television Channels across four languages of Tamil,Telugu, Kannada and Malayalam, FM radio stations across India and the SunRisers Hyderabad Cricket Franchise has reported its results for the quarter ended 30th June, 2014.

During the quarter ended 30th June, 2014, the EBITDA, including the IPL Revenue, was up by 4% at Rs. 367.72 crores and the same excluding the IPL Revenue was up 7% at Rs. 411.17 crores, as compared to Rs. 384.44 crores in the previous quarter ended 30th June, 2013. The Profit before Interest, Depreciation & Taxes (PBIDT) including the IPL Revenue and expenses for the quarter was up by 6% at Rs. 387.42 crores as against Rs. 367.04 crores for previous quarter ended 30th June, 2013.

The Profit after Taxes for the quarter ended 30th June, 2014 was higher at Rs.165.64 crores as against Rs. 164.44 crores for the previous quarter ended 30th June, 2013.

For the quarter ended 30th June, 2014, the Revenue, including the IPL Revenue, was up by 5% at Rs. 633.58 crores, the same was up 3%, excluding the IPL Revenue at Rs.520.17 crores, as against Rs. 503.31 crores for the corresponding quarter ended 30th June, 2013. Subscription revenues continue to maintain a significant uptrend with cable TV revenues growing by 15% and DTH subscription revenue growing by 21% over same quarter last year.