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Sun TV Network logs 11% growth in net profit

By IANS | Published: June 11, 2021 6:15 PM

Chennai, June 11 Television broadcast major Sun TV Network Ltd on Friday said it closed last fiscal with ...

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Chennai, June 11 Television broadcast major Sun TV Network Ltd on Friday said it closed last fiscal with 11 per cent growth net profit of about Rs 1,520.41 crore on reduced revenue.

According to the company, it has earned a net profit of about Rs 1,520.41 crore last fiscal up from a net profit of about Rs 1,371.83 crore logged in FY20.

Sun TV's total revenue was about Rs 3,388.03 crore last year, down from Rs 3,653.35 crore earned in FY20.

The advertisement revenues for the year was at Rs 994.03 crore as against Rs 1,336.91crore for the previous year ended March 31, 2020.

The subscription revenues for the year were up about 10 per cent at about Rs 1,721.48 crore, as against about Rs 1,562.23 crore for the previous year ended March 31, 2020.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Sun TVSun tvKannada tvSun tv network
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