Sun TV Networks Q1 consolidated net profit rises 35% to Rs 494 crore

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.