Tuesday, September 29, 2026

Sun TV Q2 Results: Domestic subscription growth fuels topline, ad revenue falls

Date:

Sun TV Network posted a strong operational performance in the September quarter, with revenue rising 39% year-on-year to ₹1,300 crore, supported by healthy subscription income and contributions from its sports franchise portfolio.

EBITDA surged 45% YoY to ₹784 crore, with margins expanding to 60.3% from 57.8%, reflecting improved operating leverage.

However, net profit declined 13.45% YoY to ₹354 crore, weighed down by higher costs and a softer advertising environment.

Advertisement revenue fell to ₹292.15 crore from ₹335.42 crore last year, even as domestic subscription revenue rose 9% to ₹476.09 crore, offering stability to the earnings mix.

The quarter also included the acquisition of 100% stake in SunRisers Leeds Limited, formerly Northern Superchargers, a franchise in the UK’s The Hundred cricket league. The unit recorded ₹94.52 crore in revenue and ₹22.19 crore in PBT, which has been consolidated into the group’s results.

The board declared an interim dividend of ₹3.75 per share for FY26.

Ahead of the results, shares of Sun TV closed at ₹561.10 on the NSE, down 0.53% for the day.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

RBI Bulletin says Indian economy remains resilient but global risks are rising

India’s economy remains resilient despite a worsening global backdrop,...

12 years of Make in India: What worked, what’s unfinished and what comes next

India has made visible gains in manufacturing over the...

Why India did not sign an FTA with China, according to Piyush Goyal

India had signed trade agreements with economies such as...

EU regulations could push up costs and hurt European businesses, Piyush Goyal says

Commerce and Industry Minister Piyush Goyal has warned that...