Sun TV Q2 Profit Drops 11.9%, Revenue Slips 10.9%

14 Nov 2024 , 08:42 PM

Sun TV Network Limited, has released its Q2 results yesterday, on November 13, 2024. This quarter has reported an 11.9% y-o-y decline in net profit. The net profit stands at ₹409.2 Crore. The revenue for operations for this quarter recorded 10.9% slip to ₹934.5 crore. The prior year recorded ₹1048.5 Crore in revenue from operations. 

The EBDITA margin which is the earnings before interest, tax, depreciation, and amortisation value record 57.9% in this quarter, whereas the same value recorded 69.4% in the last quarter.

This quarter that ended on September, Sun TV Network, one of Asia’s largest TV Network’s total revenue reported a 3.26% gain, which is recorded ₹799 Crore, whereas the last quarter’s data shows ₹774.12 Crore in total revenue. Sun TV Network declared an Interim Dividend of ₹5 per equity share for this financial year 2024-2025.