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Sun TV Network Limited - Financial Results and Earnings Release for the Quarter and Nine Months Ended 31st December, 2014 | ||
Chennai, Tamil Nadu, India -- Revenues up ~9% -- DTH Revenue up ~18% -- EBITDA up ~15% -- PAT up ~15% -- Third interim dividend of 135% declared
Highlights:
Sun TV Network Limited, one of the largest Television Broadcasters in India, operating Satellite Television Channels across four languages of Tamil, Telugu, Kannada and Malayalam and presently airing FM radio stations across India reported its results for the quarter and nine months ended 31st December’ 2014.
Sun TV Network Limited posted a growth of ~9% in the revenues to Rs.552.44 crores, for the quarter ended 31st December, 2014 in comparison to Rs.508.34 crores during the corresponding quarter ended 31st December 2013.
The Total Income for the quarter ended 31st December 2014 also registered an increase of 9.91 % at Rs.575.03 crores in comparison to Rs.523.19 crores during the corresponding quarter ended 31st December 2013.
The EBITDA for the quarter ended 31st December 2014 registered an increase of 15.07% at Rs.428.07 crores in comparison to Rs.372.02 crores for the corresponding quarter ended 31st December 2013.
The Net Profit (PAT) also registered an increase of 15.25% at Rs.214.13 crores for the quarter ended 31st December, 2014 as compared to Rs.185.79 crores in the corresponding quarter ended 31st December 2013
INTERIM DIVIDEND: The Board of Directors has declared a third Interim Dividend of Rs.6.75 per share (135 %) on a face value of Rs.5.00 per share. With this, the total dividend declared by the Board so far for the financial year 2014 – 15 is Rs.11.25 per share (225 %) on a face value of Rs.5.00 per share as against the total dividend of Rs.9.50 per share (190%) on a face value of Rs.5.00 per share declared in the previous year ended 31st March 2014.
For more information on SunTV Q3FY15-Financial Results, click here |
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