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.
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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