Sun TV Network announced an interim dividend of ₹3.75 per share. The company’s revenues reached ₹1,168.99 crs. Domestic subscription revenues increased to ₹476.09 crs, and EBITDA rose to ₹749.94 crs. SunRisers Leeds recorded revenues of ₹94.52 crs and a PBT of ₹22.19 crs, positively impacting the network’s performance in the reported quarter.
Financial Highlights
Sun TV Network (the company) has released its earnings for the quarter, showcasing significant financial movements:
- Revenues reached ₹1,168.99 crs.
- Domestic Subscription Revenues increased to ₹476.09 crs.
- EBITDA saw an increase, reaching ₹749.94 crs.
In light of these results, the Board has declared an interim dividend of ₹3.75 per share.
SunRisers Leeds Performance
The financial results also reflected the inclusion of SunRisers Leeds, contributing revenues of ₹94.52 crs and a Profit Before Tax (PBT) of ₹22.19 crs. This demonstrates the positive influence of strategic investments in sports franchises on the overall financial health of the network. This result has been consolidated in the books.
Dividend Declaration
The Board of Directors has officially declared an Interim Dividend. The declared Interim Dividend is set at ₹3.75 per share (75%) on a face value of ₹5.00 per share.
Source: BSE