BENGALURU: Sun TV Network Limited reported seven per cent growth in standalone revenue (Total income from operations or TIO) in FY-2015 (year ended 31 March, 2015, current year) at Rs 2243.62 crore as compared to the Rs 2096.78 crore in FY-2014. 

TIO in Q4-2015 at Rs 548.58 crore grew 5.5 per cent as compared to the Rs 520.18 crore y-o-y and was 0.7 per cent lower than the Rs 552.44 crore in Q3-2015.

Note: 100,00,000 = 100 lakh = 10 million = 1 crore

All figures in this report are standalone.

The company reported 2.8 per cent growth in profit after tax (PAT) at Rs 737.23 crore (32.9 per cent of TIO) in FY-2015 as compared to the Rs 716.96 crore (34.2 per cent of TIO) in FY-2014. PAT in Q4-2015 at Rs 202.99 crore (37 per cent of TIO) was 2.7 per cent more than the Rs 197.57 crore (38 per cent of TIO) in Q4-2014 but was 5.2 per cent lower than the Rs 214.13 crore (38.8 per cent of TIO) in the previous quarter.

Let us look at the other numbers reported by Sun TV:

Sun TV’s Total Expenditure (TE) in FY-2015 at Rs 1217.25 crore (54.3 per cent of TIO) was 11.8 per cent more than the Rs 1088.41 crore (51.9 per cent of TIO). TE in Q4-2015 at Rs 263.74 crore (48.1 per cent of TIO) was 13.4 per cent more than the Rs 232.62 crore (44.7 per cent of TIO) and was 5.5 per cent more than the Rs 250.05 crore in Q3-2015.

The company reported 5.8 per cent higher employee benefit expense (EBE) in FY-2015 at Rs 203.75 crore (9.1 per cent of TIO) as compared to the Rs 192.53 crore (9.2 per cent of TIO) in FY-2014. EBE in Q4-2015 at Rs 52.16 crore (9.5 per cent of TIO) was three per cent more than the Rs 50.63 crore (9.7 per cent of TIO) in Q4-2014 but was 6.3 per cent lower than the Rs 55.69 crore (10.1 per cent of TIO) in Q3-2015.

Other Expenditure in FY-2015 at Rs 171.4 crore (7.6 per cent of TIO) was 1.1 per cent lower than the Rs 173.38 crore (8.3 per cent of TIO) in FY-2014. Other Expenditure in Q4-2015 at Rs 28.26 crore (5.2 per cent of TIO) was 8.1 per cent more than the Rs 26.15 crore (five per cent of TIO) in Q4-2014 and was 4.9 per cent more than the Rs 26.93 crore (4.9 per cent of TIO) in Q3-2015.

Sun TV’s standalone EBIDTA in FY-2015 at Rs 1614.2 crore (71.9 per cent margin) was 10.4 per cent more than the Rs 1461.71 crore (69.7 per cent margin) in FY-2014. Standalone EBIDTA in Q4-2015 at Rs 423.26 crore (77.2 per cent margin) was 5.8 per cent more than the Rs 399.89 crore (76.8 per cent margin) and was 1.1 per cent lower than the Rs 427.8 crore (77.4 per cent margin) in Q3-2015.

Until now, the company has paid out three interim dividends for FY-2015 totalling 225 per cent or Rs 11.25 per equity share of face value of Rs 5 each as compared to dividends totalling 190 per cent or Rs 9.50 per equity share in FY-2014.

Sun TV share price declined today (29 May) at the closing bell. On the NSE, the share closed at Rs 379.20, down Rs 7.85 (2.03 per cent) from its previous close of Rs 387.05, despite a higher opening of Rs 387.55 in the morning. Today’s Low/High for the script on the NSE was Rs 370.85/Rs 388.80 with a volume of 421126. Overall, the NSE Nifty closed up at 8433.65, up 114.65 points (+1.38 per cent).

On the BSE, the stock closed at Rs 378.70, down Rs 7.50 (1.90 per cent) from its previous close of Rs 386.20 and higher opening of Rs 387.20. Today’s Low/High for the stock on the BSE was Rs 374/Rs 389.45 with a volume of 104288. The BSE Sensex closed at 27824.44, up 321.71 (+1.17 per cent).