Sun TV Network Q1 net profit dips amid ad revenue decline

Sun TV Network Q1 internet revenue dips amid advert income decline

TV broadcaster Sun TV Network reported a marginal decline in its consolidated income and revenue for the quarter ended June 30, as promoting revenue remained under strain amid cautious spending by advertisers.

Earnings before curiosity, taxes, depreciation, and amortisation (EBITDA) stood at ₹617 crore, down 13% from ₹706 crore within the same quarter last 12 months. Profit after tax declined 3% to ₹529 crore, in comparison with ₹547 crore in Q1 FY25.

Total revenues for the quarter have been ₹1,257 crore, in comparison with ₹1,276 crore within the year-ago interval, reflecting a 1.5% year-on-year lower.

Advertising revenues dropped 11% year-on-year to ₹290 crore, from ₹324 crore within the same interval last 12 months. TV advert revenues have been under strain as a result of prevailing macroeconomic challenges and conservative promoting budgets from shoppers.

However, home subscription revenues continued to develop, rising 10% to ₹470 crore, up from ₹426 crore in Q1 FY25, despite the migration of pay-TV subscribers to video streaming.
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The board of administrators has declared an interim dividend of ₹5 per share (100%) on a face worth of ₹5, reinforcing Sun TV’s monitor document of constant shareholder payouts.Sun TV Network is considered one of India’s largest broadcasters, working satellite tv for pc tv channels across seven languages: Tamil, Telugu, Kannada, Malayalam, Bangla, Marathi and Hindi. It also runs a nationwide community of FM radio stations.In addition to its conventional media presence, the corporate has expanded its footprint in sports activities and digital leisure. It owns the Indian Premier League franchise SunRisers Hyderabad and SunRisers Eastern Cape, a workforce in Cricket South Africa’s T20 League. It also operates Sun NXT, its over-the-top (OTT) streaming platform.

The outcomes for the quarter ended June 30, 2025, embrace revenue of ₹473 crore from the corporate’s cricket franchises, in comparison with ₹497 crore within the same interval last 12 months, marking a 4.8% year-on-year decline.

Corresponding prices for the quarter stood at ₹256 crore, up from ₹236 crore in Q1 FY25, reflecting an 8.5% enhance in working bills associated to the franchises.

The firm also disclosed that an distinctive merchandise recorded during the quarter and the full 12 months ended March 31, 2025, pertains to a provision for impairment in its funding in a three way partnership.

The impairment was recognised as a result of recoverable quantity falling below the carrying quantity, pushed by the three way partnership’s operational efficiency and prevailing financial and market indicators.

In a major growth following the quarter, Sun TV Network has signed a Share Purchase Agreement with the England and Wales Cricket Board to accumulate a 100% fairness stake in Northern Superchargers, an organization registered in London, United Kingdom.

The acquisition is valued at £100.5 million and marks Sun TV’s entry into The Hundred, England’s skilled 100-ball cricket competitors.

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