Sun TV’s share price surges nearly 3% following a robust 14% YoY rise in Q2 net profit. The broadcaster reports a consolidated PAT of Rs 464.54 crore for July-September.
Revenue from operations witnesses a substantial 26.98% increase, reaching Rs 1,048.45 crore. Total expenses rise by 45.92%, totaling Rs 541.06 crore, contributing to the strong financial performance.
Sun TV Network’s total income registers a significant 26.8% growth, reaching Rs 1,160.21 crore. The Q2 result includes income from the company’s cricket franchises for the 2023 season, contributing to the overall positive financial picture.
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