Categories Earnings, Leisure & Entertainment

Sun TV Network Q3FY23 net profit drops by 10 percent

Sun TV Network Limited announced its earnings for the quarter ended 31st December 2022. The revenue (excl. IPL & Movies) was INR 810.51 crore for the quarter ended 31st December’2022 as against INR 829.57 crore for the corresponding quarter ended 31st December’2021. The overall revenue was at INR 857.51 crores as against INR 1,033.10 crores for the quarter ended 31st December’2021.

The EBITDA was at INR 573.07 crore for the current quarter as against INR 721.87 crore during the previous quarter ended 31st December’2021 and the Profit Before Taxes for the quarter ended 31st December’2022 was to INR 556.91 crores as against INR 609.80 crores for the corresponding quarter ended 31st December’2021.

The Profit after taxes (excl. IPL & Movies) for the current quarter was at INR 409.82 crores as against INR 416.00 crores for the corresponding quarter ended 31st December’2021 and the overall Profit after taxes for the current quarter was at INR 416.32 crores as against INR 457.39 crores for the corresponding quarter ended 31st December’2021. Advertisement revenue stood at INR 380 crore for the quarter ended 31st Dec’ 2022.

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