Broadcaster Sun TV Networks Ltd on Friday reported a 35.32 per cent rise in consolidated profit after tax to Rs 493.99 crore in the first quarter ended June.
The company had reported a profit after tax of Rs 365.03 crore in the April-June period a year ago, it said in a regulatory filing.
Sun TV's revenue from operations rose 48.88 per cent to Rs 1,219.14 crore in the latest June quarter. It was at Rs 818.87 crore in the year-ago period.
The company's total expenses climbed nearly 78 per cent to Rs 660.80 crore in the three months ended June 2022.
Sun TV operates satellite television channels across Tamil, Telugu, Kannada, Malayalam, Bangla and Marathi. It has FM radio stations and owns the SunRisers Hyderabad Cricket Franchise of the Indian Premier League as well as the OTT platform Sun NXT.
In a separate filing, Sun TV said its board on Friday approved an interim dividend of 100 per cent, which is Rs 5 per share.
Share of the company rose marginally to close at Rs 477.35 apiece on BSE.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve hit your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Quarterly Starter
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app