Sun TV Network announced second quarter results of fiscal 2027 on Friday, October 30. The company's net profit rose 2.8% to Rs 364 crore in the July to September quarter of the current financial year from Rs 354 crore in the corresponding period last year.
Revenue from operations dropped 27.7% to Rs 940 crore for the quarter ended on September 30, 2026 from Rs 1,300 crore in the same quarter previous year. In terms of operations, EBITDA dropped 42.6% to Rs 450 crore in the quarter under review from Rs 784 crore in Q2FY26. EBITDA margin contracted at 47.9% year-on-year from 60.3%.
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Along with quarterly results, Sun TV declared an interim dividend of Rs 3.75 per share. Additionally, the Board approved the re-appointment of Kalanithi Maran as Whole Time Director, designated as "Executive Chairman" for a period of five years with effect from 20th April 2027 to 19th April 2032.This is subject to approval of the shareholders through postal ballot.
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Sun TV Network (Q2 FY27, Consolidated, YoY)
- Net profit up 2.8% to Rs 364 crore from Rs 354 crore.
- Revenue down 27.7% to Rs 940 crore from Rs 1,300 crore.
- EBITDA down 42.6% to Rs 450 crore from Rs 784 crore.
- EBITDA margin at 47.9% versus 60.3% YoY.
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