614.8500 -4.85 (-0.78%)
NSE Jun 06, 2025 15:31 PM
Volume: 163.2K
 

614.85
-0.78%

Sun TV Network

Centrum Broking
Q2FY19 result highlights: Revenue for Sun TV Network was up 10.9% to Rs7.5bn (1.6% above expectation) on the back of 3.3% YoY growth in advertisement revenue, 19.6% YoY growth in DTH revenues and 27.7% YoY growth in digital revenues. Operating profit was up 11.7% YoY to Rs5.5bn on the back of 51bps margin expansion as employee cost and other expenses were down 5.1%/16.5% respectively. Depreciation and movie amortisation cost was down 20.3% due to lower movies broadcasted in the quarter. PAT rose 23.4% YoY to Rs3.5bn (17.8% above expectations) due to higher other income....
Motilal Oswal decreased Neutral price target of Sun TV Network Ltd. to 630.0 on 30 May, 2025.
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