Sun TV Network Records Profit Decline Amid Strategic Expansion

Sun TV Network reported a decline in profit by 5.38% for Q1 2025, with consolidated PAT at Rs 529.21 crore. Revenue dipped by 1.77% while total expenses rose by 10%. Despite strategic moves like acquiring Northern Superchargers Ltd, the company's shares fell 1.34% on BSE.

Sun TV Network Ltd has experienced a 5.38% drop in consolidated profit after tax for the first quarter ended June 30, 2025, amounting to Rs 529.21 crore. The leading broadcaster noted a comparable period profit of Rs 559.32 crore just last year, as revealed in a regulatory filing on Thursday.

Contributing to this decline, the company saw its revenue from operations decrease by 1.77% to Rs 1,290.28 crore. Meanwhile, total expenses have risen significantly by 10% to Rs 782 crore. On a positive note, total income, encompassing other revenues, climbed marginally by 1.28% to Rs 1,479.19 crore for the quarter.

In a significant move towards strategic expansion, Sun TV Network recently entered into a Share Purchase Agreement with the England and Wales Cricket Board to acquire Northern Superchargers Ltd for 100 million British Pounds. Despite these strategic steps, the company's stock was down 1.34% on the BSE, trading at Rs 552.80 per share.

(With inputs from agencies.)