Categories Earnings, Technology

Sun Tv Network Ltd Q4FY23 results out, revenue drops by 2%

Sun TV Network is engaged in producing and broadcasting satellite television and radio software programming in the regional languages of South India. This is one of the Asia’s largest TV networks. This was established by Kalanidhi Maran in the year 1993. Its flagship channel is Sun TV, which was the first fully privately owned Tamil channel in India. After which it has grown huge and currently owns and operates 32 TV channels across Indian languages – Tamil, Telugu, Kannada, Malayalam and Bengali.

  • Sun Tv Network Ltd reported Total revenue for Q4 FY23 of ₹840 Crore, down from ₹857 Crore year on year depicting a decline of 2%.
  • Total Expenses for Q4 FY23 of ₹425 Crore up, from ₹367 Crore year on year, a growth of 16%. 
  • Consolidated Net Profit of ₹380 Crore, down 7% from ₹410 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹9.65, down 7% from ₹10.41 in the same quarter of the previous year.

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