Sun TV Network reported a weak performance for the fourth quarter, with consolidated net profit declining 37.4% year-on-year to Rs. 232 crore compared to Rs. 370.8 crore in the corresponding quarter last year.
The company’s revenue from operations also witnessed a decline of 6.3% YoY, coming in at Rs. 883 crore against Rs. 942 crore reported in the year-ago period, reflecting pressure on the broadcasting and media business.
At the operating level, EBITDA dropped 8.9% YoY to Rs. 390.7 crore versus Rs. 428.7 crore in the same quarter last year. EBITDA margin narrowed to 44.3% from 45.5% on a YoY basis, indicating margin pressure during the quarter.
Despite maintaining strong profitability margins compared to industry standards, the decline in revenue and earnings impacted the company’s overall quarterly performance.
Sun TV Q4 Consolidated Highlights (YoY)
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