Sun TV Q2 net profit rises 2.8% despite revenue decline
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3 hours ago 06:00:27am Television

Sun TV Q2 net profit rises 2.8% despite revenue decline

New Delhi, 31 Oct 2026, By IBW Team

Sun

Sun TV Network Ltd yesterday reported a 2.8 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 364.59 crore in the September quarter of FY27. The company had reported a PAT of Rs 354.69 crore in the July-September period a year ago, according to an exchange filing.

However, according to a PTI report yesterday, its revenue from operations declined 27.66 per cent to Rs 940.31 crore in the September quarter of FY27, compared to Rs 1,299.87 crore in the corresponding quarter of the preceding fiscal.

Total income fell 25.09 per cent to Rs 1,078.58 crore during the quarter. Consolidated profit before tax (PBT) declined 3.96 per cent to Rs 466.87 crore, while earnings per share improved to Rs 9.25 from Rs 9 in the year-ago period.

For the first half of FY27, the company’s consolidated net profit rose 11.29 per cent to Rs 983.66 crore, while revenue from operations declined 7.41 per cent to Rs 2,398.19 crore.

Revenue from the group’s cricket franchises, including SunRisers Hyderabad, SunRisers Eastern Cape and SunRisers Leeds, stood at Rs 100.39 crore in Q2FY27, compared with Rs 94.52 crore in the corresponding quarter last year.

Franchise revenues for the first half reached Rs 730.22 crore, against Rs 567.55 crore in the corresponding period of the previous year. The corresponding costs stood at Rs 80.03 crore and Rs 404.34 crore, respectively.

On a standalone basis, advertisement revenue declined to Rs 252.76 crore from Rs 292.15 crore in the year-ago quarter.

Domestic subscription revenue, however, grew around 2.34 per cent to Rs 487.23 crore.

SunRisers Leeds Ltd reported standalone revenue of Rs 98.61 crore and PBT of Rs 18.50 crore during the period.

The board also approved the reappointment of Kalanithi Maran as Executive Chairman and Kavery Kalanithi as Executive Director for a further five-year term from April 20, 2027, to April 19, 2032.


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