Mumbai: Sun TV Network Ltd, a television broadcaster in India that operates satellite television channels across seven languages—Tamil, Telugu, Kannada, Malayalam, Bangla, Marathi, and Hindi, has released its earnings report for the quarter and financial year ended 30 June 2024.

For the quarter ended 30 June 2024, the revenues stood at Rs 1,276.11 crores compared to Rs 1,317.78 crores for the corresponding quarter ended 30 June 2023. Advertisement revenues for the quarter were Rs 323.77 crores, compared to Rs 339.10 crores for the same quarter in 2023. Domestic subscription for the quarter was Rs.425.79 crores, compared to Rs 435.34 crores for the corresponding quarter in 2023.

The EBITDA for the quarter ended 30 June 2024 was Rs.706.36 crores, down from Rs.786.46 crores for the same quarter in 2023. Profit after taxes for the current quarter stood at Rs 546.94 crores, compared to Rs 582.80 crores in the corresponding quarter of 2023.

At the board meeting held today, the board of directors declared an interim dividend of Rs 5 per share (100 per cent) on a face value of Rs 5 per share.

Sun TV also airs FM radio stations across India and owns the SunRisers Hyderabad cricket franchise of the Indian Premier League, SunRisers Eastern Cape of Cricket South Africa’s T20 League, and the digital OTT platform Sun NXT.