589.3000 2.15 (0.37%)
NSE Jan 02, 2026 10:32 AM
Volume: 38,509
 

589.30
0.37%
ICICI Securities Limited
Sun TV reported a weak set of numbers with a challenging economic environment, increased costs (including some one-offs) weighing on topline and EBITDA. Advertisement revenues at | 337 crore, down 1.5% YoY were impacted by a weak economic environment. Subscription revenues, however, witnessed robust 16.9% YoY growth aided by strong monetisation from NTO implementations. EBITDA at | 469 crore (margin of 58.9%) was lower than estimates of | 526 crore on account of certain one-offs related to CSR and bad debt provisioning aggregating to | 33 crore and continued...
Sun TV Network Ltd. has an average target of 677.50 from 2 brokers.
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