Sun TV Q2 2011 net profit up 7.57% to Rs.180 cr

Revenues grow by 6.23 per cent; EBITDA up by 9.97 per cent during the quarter ended September 30, 2011

BestMediaInfo Bureau | Delhi | November 4, 2011

Sun TV Network Limited has reported its results for the quarter ended 30^th September 2011. The company has posted a growth of 6.23 per cent in the Revenues to Rs.451.26 crores as against Rs.424.78 crores in the previous quarter and together with the other income of Rs.18.62 crores, the total income was up by 8.26% to Rs.469.88 crores as against Rs.434.03 crores in the previous quarter.

According to the company, the 21 channels under Sun TV Network have been able to continue maintain its advertising growth from a well diversified mix of clients (national, regional and local) across multiple product categories. Riding on the advertising growth, Sun TV Network reported 9.97 per cent growth in EBITDA at Rs.365.43 crores during the quarter ended 30^th September, 2011 as compared to Rs.332.30 crores in the previous quarter ended 30 September, 2010.

The profit before interest, tax, depreciation and amortization (PBIDT) for the quarter was also higher by 12.44% at Rs.384.05 coreres as compared to Rs.341.55 crores in the previous quarter. The Net Profit (PAT) also was higher by 7.57% at Rs.180.12 crores during the same quarter in comparison to Rs.167.44 crores for the previous quarter.

Accordingly, the earnings per share for the quarter ended 30^th September, 2011 also registered an increase of 1.57% to Rs.4.57 (Face Value Rs.5/-) as against Rs.4.25 per share for the quarter ended 30^th September, 2010.

Info@BestMediInfo.com

Info@BestMediaInfo.com