Sun Tv Network Ltd

Sun TV Network Ltd fell for a fifth straight session today. The stock is quoting at Rs 597, down 0.48% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.84% on the day, quoting at 25180.9. The Sensex is at 82655.14, up 0.93%.Sun TV Network Ltd has eased around 5.77% in last one month.Meanwhile, Nifty Media index of which Sun TV Network Ltd is a constituent, has increased around 2.64% in last one month and is currently quoting at 1748.4, down 0.7% on the day. The volume in the stock stood at 1.16 lakh shares today, compared to the daily average of 2.63 lakh shares in last one month.The PE of the stock is 13.82 based on TTM earnings ending March 25.Powered by Capital Market - Live

The issue traces back to the passing of their father, Murasoli Maran, in 2003. The legal notice alleges irregularities in share transfers following his death and demands the restoration of Sun TV Network's shareholding to its original structure as of 15 September 2003. It also warns of possible civil, criminal, and regulatory action if the demand is not met. The notice has been served not only to Kalanithi Maran but also to his wife, Kavery Kalanithi, and others involved in the company. In response, Sun TV Network dismissed the allegations as incorrect, misleading, speculative, and not supported by facts or law, adding that the matter pertains to a time when the company was a privately held entity and all actions were conducted in accordance with the law. Kalanithi Maran remains the majority shareholder, holding a 75% stake in the Chennai-based broadcaster. Sun TV Network is one of the largest television broadcasters in India and owns both the Sunrisers Hyderabad and Sunrisers Eastern Cape cricket franchises. It also operates a Digital OTT platform SUNNXT. On a consolidated basis, net profit of Sun TV Network declined 10.40% to Rs 371.59 crore while net sales declined 2.15% to Rs 940.59 crore in Q4 March 2025 over Q4 March 2024. Powered by Capital Market - Live

Net profit of Sun TV Network declined 10.40% to Rs 371.59 crore in the quarter ended March 2025 as against Rs 414.74 crore during the previous quarter ended March 2024. Sales declined 2.15% to Rs 940.59 crore in the quarter ended March 2025 as against Rs 961.28 crore during the previous quarter ended March 2024. For the full year,net profit declined 11.54% to Rs 1702.93 crore in the year ended March 2025 as against Rs 1925.07 crore during the previous year ended March 2024. Sales declined 6.24% to Rs 4015.09 crore in the year ended March 2025 as against Rs 4282.10 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales940.59961.28 -2 4015.094282.10 -6 OPM %44.0854.40 -53.0061.61 - PBDT650.39663.42 -2 2811.943144.83 -11 PBT533.54555.32 -4 2272.722613.11 -13 NP371.59414.74 -10 1702.931925.07 -12 Powered by Capital Market - Live

Sun TV Network will hold a meeting of the Board of Directors of the Company on 30 May 2025.Powered by Capital Market - Live

Sun TV Network announced that the Board of Directors of the Company at its meeting held on 7 March 2025, inter alia, have recommended the interim dividend of Rs 2.5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Sun TV Network will hold a meeting of the Board of Directors of the Company on 7 March 2025.Powered by Capital Market - Live

Profit before tax (PBT) was at Rs 454.61 crore in the third quarter of FY25, declining 23.12% from Rs 454.61 crore posted in the similar quarter of the previous fiscal. EBITDA stood at Rs 432.13 crore in Q3 FY25, reflecting a decline of 24.68% compared to Rs 573.76 crore in Q3 FY24. Revenue from advertisement declined 6.54% to Rs 332.17 crore in Q3 FY25 as against Rs 355.43 crore posted in the corresponding quarter ended 31 December 2024. On a consolidated basis, the company's net profit declined 20.04% to Rs 363.08 crore on a 10.35% decline in revenue from operations to Rs 827.56 crore in Q3 FY25 over Q3 FY24. Meanwhile, the company's board has declared an interim dividend of Rs 2.50 per share for FY25. Sun TV Network is engaged in producing and broadcasting satellite television and radio software programming in the regional languages.Powered by Capital Market - Live

Net profit of Sun TV Network declined 20.00% to Rs 363.08 crore in the quarter ended December 2024 as against Rs 453.86 crore during the previous quarter ended December 2023. Sales declined 10.35% to Rs 827.56 crore in the quarter ended December 2024 as against Rs 923.15 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales827.56923.15 -10 OPM %53.7163.84 - PBDT587.21727.17 -19 PBT473.87611.85 -23 NP363.08453.86 -20 Powered by Capital Market - Live

Sun TV Network announced that the Board of Directors of the Company at its meeting held on 06 February 2025, has recommended a Interim dividend of Rs.2.50 per share (i.e.50%), subject to the approval of the shareholders.Powered by Capital Market - Live

Sun TV Network will hold a meeting of the Board of Directors of the Company on 7 February 2025.Powered by Capital Market - Live