Sun TV Network Ltd's Q3FY25 Quarterly Results

Result Summary

• Sun TV Network Ltd reported a 12.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 8.6%.
• Its expenses for the quarter were down by 15.8% QoQ and up 10.9% YoY.
• The net profit decreased 11.3% QoQ and decreased 20.0% YoY.
• The earnings per share (EPS) of Sun TV Network Ltd stood at 9.2 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Sun TV Network Ltd is a prominent Indian media and entertainment company, primarily known for its television broadcasting services. The company operates a wide array of channels offering diverse content ranging from news, movies, and general entertainment to music. It caters to a substantial audience in South India, broadcasting in multiple regional languages. Sun TV Network has an extensive footprint in the cable and satellite television space, and it also extends its reach through digital platforms. The company has been actively involved in the production of television content and films, enhancing its portfolio in the entertainment sector. As of the latest period, there are no specific major developments publicly available that can be linked to the company's recent activities or strategic shifts.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), Sun TV Network Ltd reported a total income of ₹967.56 crores. This reflects a decrease of 12.5% compared to the previous quarter (Q2FY25) where the total income was ₹1106.10 crores. When compared year-over-year (YoY) with the same quarter of the previous fiscal year (Q3FY24), the total income shows a decline of 8.6%, down from ₹1058.66 crores. The reduction in revenue on a QoQ basis indicates a contraction in the company's income-generating activities during this period. The YoY comparison further highlights a decreased revenue performance relative to the same time last year, suggesting adjustments in income streams over the annual cycle.

Profitability

Profitability metrics for Sun TV Network Ltd reveal a profit before tax (PBT) of ₹467.55 crores in Q3FY25, showing a QoQ decline of 8.8% from ₹512.56 crores in Q2FY25. The YoY comparison indicates a more significant decrease of 23.1% from ₹607.66 crores in Q3FY24. The company recorded a profit after tax (PAT) of ₹363.26 crores for Q3FY25, which is a decrease of 11.3% QoQ from ₹409.32 crores in Q2FY25 and a 20.0% decrease YoY from ₹454.09 crores in Q3FY24. Earnings per share (EPS) for Q3FY25 is reported at ₹9.20, reflecting an 11.5% decline QoQ from ₹10.40 in Q2FY25 and a 20.0% reduction YoY from ₹11.50 in Q3FY24. These figures indicate a downward trend in profitability over both the QoQ and YoY periods.

Operating Metrics

Total expenses for Sun TV Network Ltd in Q3FY25 amounted to ₹500.01 crores, indicating a decrease of 15.8% QoQ from ₹593.54 crores in Q2FY25. When compared to Q3FY24, total expenses have increased by 10.9% from ₹451.00 crores. The tax expense for Q3FY25 is ₹110.61 crores, which shows an increase of 6.4% QoQ from ₹103.92 crores in Q2FY25, while comparatively decreasing by 29.9% YoY from ₹157.76 crores in Q3FY24. The changes in these operating metrics demonstrate adjustments in cost management and taxation across different periods. The observed trends in expenses and taxes provide insights into the financial operations and potential strategic changes in expense management by the company.