Earnings Release for the quarter and Financial year ended 30th June, 2024

Bengaluru, August 9, 2024: Sun TV Network Limited, one of the largest Television Broadcasters in India, operates Satellite Television Channels across seven languages of Tamil, Telugu, Kannada, Malayalam, Bangla, Marathi and Hindi, 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.

FOR THE QUARTER ENDED 30TH JUNE’ 2024, the Revenues for the quarter at Rs.1,276.11 crores as against Rs.1,317.78 crores for the corresponding quarter ended 30th June’2023. The Advertisement revenues for the quarter was at Rs.323.77 crores as against Rs. 339.10 crores for the corresponding quarter ended 30th June, 2023. The Domestic Subscription for the quarter was at Rs.425.79 crores as against Rs. 435.34 crores for the corresponding quarter ended 30th June, 2023. The EBITDA for the quarter ended 30th June, 2024 was at Rs.706.36 crores as against Rs. 786.46 crores for the corresponding quarter ended 30th June, 2023. The Profit after taxes for the current quarter stood at Rs.546.94 crores as against Rs. 582.80 crs in the corresponding quarter ended 30th June, 2023.

INTERIM DIVIDEND: At the Board Meeting held today, the Board of Directors have declared an Interim Dividend of Rs.5.00 per share (100 %) on a face value of Rs.5.00 per share.