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Sun TV Q1 results: PAT up 18.53% at Rs 583 crore

Sun TV Q1 earnings: Advertising revenue came in at Rs 339.10 crore against Rs 343.17 crore in the year-ago period, down almost a percent and missed analyst expectations

August 11, 2023 / 17:58 IST
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Media company Sun TV on August 11 reported a profit after tax (PAT) of Rs 582.80 crore for the June quarter of the current financial year, up 18.53 percent from the year-ago period.

The company recorded a PAT of Rs 491.68 crore in Q1FY23.

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Revenue was up 10.38 percent YoY at Rs 1317.78 crore and earnings before interest, taxes, depreciation, and amortization (EBITDA) were at Rs 786.46 crore, up 2.96 percent from Rs 763.83 crore in the year-ago period.

Sun TV's advertising revenue came in at Rs 339.10 crore, lower than Rs 343.17 crore in the same quarter of the previous fiscal. Its subscription revenue stood at Rs 435.34 crore, up 6 percent from Rs 410.61 crore.