Latest news with #SunTVNetworkLtd
Business Standard
6 days ago
- Business
- Business Standard
Sun TV Network Ltd gains for third straight session
Sun TV Network Ltd is quoting at Rs 588.2, up 1.96% on the day as on 12:49 IST on the NSE. The stock is down 27.66% in last one year as compared to a 1.99% slide in NIFTY and a 18.15% slide in the Nifty Media index. Sun TV Network Ltd is up for a third straight session today. The stock is quoting at Rs 588.2, up 1.96% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.56% on the day, quoting at 24624.55. The Sensex is at 80559.71, up 0.4%. Sun TV Network Ltd has gained around 2.71% in last one month. Meanwhile, Nifty Media index of which Sun TV Network Ltd is a constituent, has gained around 4.41% in last one month and is currently quoting at 1647.55, up 0.23% on the day. The volume in the stock stood at 2.64 lakh shares today, compared to the daily average of 2.83 lakh shares in last one month. The PE of the stock is 13.45 based on TTM earnings ending June 25.
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Business Standard
08-08-2025
- Business
- Business Standard
Sun TV Q1 results: Profit dips 5.4% to ₹529.2 cr, revenue at ₹1,290.28 cr
Sun TV Network Ltd has reported a decline of 5.38 per cent in consolidated profit after tax (PAT) at Rs 529.21 crore for the first quarter ended June 30, 2025. The company had reported a PAT of Rs 559.32 crore in the April-June period a year ago, Sun TV Network, one of the largest broadcasters, said in a regulatory filing on Thursday. Its revenue from operations was down 1.77 per cent to Rs 1,290.28 crore in the June quarter. This was at Rs 1,313.55 crore in the corresponding quarter last year. Sun TV Network's total expenses increased 10 per cent to Rs 782 crore in the June quarter of FY'26. However, total income of Sun TV Networks, which includes other incomes, in the June quarter was up 1.28 per cent to Rs 1,479.19 crore. Sun TV also owns the Sunrisers Hyderabad Cricket Franchise of the Indian Premier League and the Sunrisers Eastern Cape of Cricket South Africa's T20 League. "The results for the quarter ended June 30, 2025 include income from the Holding Company's Cricket Franchises ("Sunrisers Hyderabad" and "Sunrisers Eastern Cape") of Rs 473.03 crore and corresponding costs of Rs 256.09 crore," the company said. Moreover, subsequent to the quarter ended June 30, 2025, its holding company has entered into a Share Purchase Agreement (SPA) with the England and Wales Cricket Board to acquire 100 per cent equity in the Northern Superchargers Ltd, for a consideration of 100 million British Pounds (around Rs 1,050 crore). Sun TV Network operates satellite television channels across seven languages -- Tamil, Telugu, Kannada, Malayalam, Bangla, Hindi and Marathi, and airs FM radio stations across India. Shares of Sun TV Network Ltd on Friday were trading at Rs 552.80 per scrip on BSE, down 1.34 per cent from the previous close. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Mint
08-08-2025
- Business
- Mint
Sun TV Q1 profit dips 5.4 pc to ₹529.21 cr
New Delhi, Aug 8 (PTI) Sun TV Network Ltd has reported a decline of 5.38 per cent in consolidated profit after tax (PAT) at ₹ 529.21 crore for the first quarter ended June 30, 2025. The company had reported a PAT of ₹ 559.32 crore in the April-June period a year ago, Sun TV Network, one of the largest broadcasters, said in a regulatory filing on Thursday. Its revenue from operations was down 1.77 per cent to ₹ 1,290.28 crore in the June quarter. This was at ₹ 1,313.55 crore in the corresponding quarter last year. Sun TV Network's total expenses increased 10 per cent to ₹ 782 crore in the June quarter of FY'26. However, total income of Sun TV Networks, which includes other incomes, in the June quarter was up 1.28 per cent to ₹ 1,479.19 crore. Sun TV also owns the Sunrisers Hyderabad Cricket Franchise of the Indian Premier League and the Sunrisers Eastern Cape of Cricket South Africa's T20 League. "The results for the quarter ended June 30, 2025 include income from the Holding Company's Cricket Franchises ("Sunrisers Hyderabad" and "Sunrisers Eastern Cape") of ₹ 473.03 crore and corresponding costs of ₹ 256.09 crore," the company said. Moreover, subsequent to the quarter ended June 30, 2025, its holding company has entered into a Share Purchase Agreement (SPA) with the England and Wales Cricket Board to acquire 100 per cent equity in the Northern Superchargers Ltd, for a consideration of 100 million British Pounds (around ₹ 1,050 crore). Sun TV Network operates satellite television channels across seven languages -- Tamil, Telugu, Kannada, Malayalam, Bangla, Hindi and Marathi, and airs FM radio stations across India. Shares of Sun TV Network Ltd on Friday were trading at ₹ 552.80 per scrip on BSE, down 1.34 per cent from the previous close.
News18
08-08-2025
- Business
- News18
Sun TV Q1 profit dips 5.4 pc to Rs 529.21 cr
Last Updated: New Delhi, Aug 8 (PTI) Sun TV Network Ltd has reported a decline of 5.38 per cent in consolidated profit after tax (PAT) at Rs 529.21 crore for the first quarter ended June 30, 2025. The company had reported a PAT of Rs 559.32 crore in the April-June period a year ago, Sun TV Network, one of the largest broadcasters, said in a regulatory filing on Thursday. Its revenue from operations was down 1.77 per cent to Rs 1,290.28 crore in the June quarter. This was at Rs 1,313.55 crore in the corresponding quarter last year. Sun TV Network's total expenses increased 10 per cent to Rs 782 crore in the June quarter of FY'26. However, total income of Sun TV Networks, which includes other incomes, in the June quarter was up 1.28 per cent to Rs 1,479.19 crore. Sun TV also owns the Sunrisers Hyderabad Cricket Franchise of the Indian Premier League and the Sunrisers Eastern Cape of Cricket South Africa's T20 League. 'The results for the quarter ended June 30, 2025 include income from the Holding Company's Cricket Franchises ('Sunrisers Hyderabad" and 'Sunrisers Eastern Cape") of Rs 473.03 crore and corresponding costs of Rs 256.09 crore," the company said. Moreover, subsequent to the quarter ended June 30, 2025, its holding company has entered into a Share Purchase Agreement (SPA) with the England and Wales Cricket Board to acquire 100 per cent equity in the Northern Superchargers Ltd, for a consideration of 100 million British Pounds (around Rs 1,050 crore). Sun TV Network operates satellite television channels across seven languages — Tamil, Telugu, Kannada, Malayalam, Bangla, Hindi and Marathi, and airs FM radio stations across India. Shares of Sun TV Network Ltd on Friday were trading at Rs 552.80 per scrip on BSE, down 1.34 per cent from the previous close. PTI KRH DRR view comments First Published: August 08, 2025, 13:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
India Today
10-07-2025
- Business
- India Today
Uncle Stalin plays family referee as Maran brothers clash over Sun TV shares?
Tamil Nadu Chief Minister MK Stalin is believed to have intervened in the ongoing dispute between DMK MP Dayanidhi Maran and his elder brother Kalanidhi Maran, the chairman and managing director of Sun TV Network. According to sources, the Chief Minister urged both brothers to resolve their differences amicably in the interest of the has been no official confirmation from either Dayanidhi or Kalanidhi Maran regarding the involvement by the Chief Minister – who is also their uncle – on the current status of the to mend the rift follow Dayanidhi Maran's move last month to issue a legal notice to his elder brother, sister-in-law, and six others. The notice objected to certain share transactions of the Sun TV Network dating back to 2003. According to the notice, Dayanidhi Maran has alleged criminal breach of trust and cheating, stating that on September 15, 2003, Kalanidhi Maran unlawfully allotted 12 lakh shares of Sun TV Network Ltd. to himself without proper valuation, fair consideration, or consent from existing shareholders. The notice termed the transaction illegal and a betrayal of shareholder further claimed that approximately Rs 8,500 crore had been invested in various domestic and international Real Estate Investment Trust (REIT) funds and mutual funds using undisclosed resources. These investments, the notice alleged, were made without authorisation or disclosure, with evidence drawn from savings account Maran also contended that a red herring prospectus filed with the Securities and Exchange Board of India (SEBI), National Stock Exchange (NSE), and Bombay Stock Exchange (BSE) was misleading and based on fraudulent documentation, allegedly in collusion with lead managers to facilitate the public listing of the has demanded that the company's shareholding be restored to its original structure as of 2003 and that all dividends, assets, and monetary benefits allegedly misappropriated be returned. The legal notice warned that failure to comply would result in appropriate civil, criminal, regulatory, and enforcement response, Sun TV Network Ltd. issued a clarification through a regulatory filing with the BSE on June 20. The company described the allegations as speculative, defamatory, and unsupported by facts or law. 'The statements allegedly made in the articles are incorrect, misleading, speculative, defamatory and not supported by facts or law. We wish to inform that all acts have been done in accordance with legal obligations and the same had been duly vetted by concerned intermediaries before the public issue of the company,' it TV further noted that the matter dates back 22 years, to a time when the company was a closely held private limited entity, and insisted the dispute had no impact on its operations. 'The matters alleged in the articles do not have any bearing on the business of the company or its day-to-day functioning and, being the family matter of the promoter, are purely personal in nature,' the statement read.- Ends IN THIS STORY#Tamil Nadu
