Sun TV Network Q2 FY27 Results: Consolidated Net Profit ₹365 Crore on Total Income of ₹1,079 Crore
Earnings
Television broadcasting
Blacklitt Research4 min read
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Sun TV Network (NSE: SUNTV) reported consolidated total income of ₹1,078.58 crore and net profit of ₹364.59 crore for the quarter ended 30 Sep 2026. Standalone total income was ₹934.79 crore and net profit ₹341.87 crore. The company said in a filing on 30 Oct 2026.
Key highlights
Consolidated
Including its subsidiaries
Total income: ₹1,078.58 crore, down 25.1% YoY and 34.0% QoQ
Net profit and EPS: ₹364.59 crore, up 2.8% YoY; basic EPS ₹9.25
Revenue from operations: ₹940.31 crore, down 27.7% YoY from ₹1,299.87 crore
Cricket franchise income: ₹100.39 crore in the quarter, against ₹94.52 crore a year earlier (note 7)
Standalone
The company on its own, without its subsidiaries
Total income: ₹934.79 crore, down 28.1% YoY and 41.2% QoQ
Net profit and EPS: ₹341.87 crore, up 3.7% YoY; basic EPS ₹8.68
Revenue from operations: ₹801.76 crore, down 31.4% YoY from ₹1,168.99 crore
Interim dividend: ₹3.75 per share (75% of face value ₹5), declared 30 Oct 2026
Summary
Consolidated ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
1,078.58
1,439.82
-25.1%
1,634.40
-34.0%
Revenue from operations
940.31
1,299.87
-27.7%
1,457.88
-35.5%
Other income
138.27
139.95
-1.2%
176.52
-21.7%
364.59
354.69
+2.8%
619.07
-41.1%
Profit before tax
466.87
486.10
-4.0%
817.56
-42.9%
Finance costs
3.10
4.18
-25.8%
1.41
+119.9%
Depreciation
115.69
403.93
-71.4%
95.79
+20.8%
Tax expense
102.28
131.41
-22.2%
198.49
-48.5%
Net profit margin
33.80%
24.63%
+9.17 pp
37.88%
-4.07 pp
EPS, basic (₹)
9.25
n/a
n/a
15.71
-41.1%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated net profit rose while income fell. Net profit was ₹364.59 crore against ₹354.69 crore a year earlier, up 2.8%, while total income fell 25.1% to ₹1,078.58 crore from ₹1,439.82 crore. Revenue from operations fell 27.7% to ₹940.31 crore from ₹1,299.87 crore, and other income was ₹138.27 crore against ₹139.95 crore.
Note 7 gives the consolidated cricket franchise income: ₹100.39 crore for the quarter against ₹94.52 crore a year earlier, with corresponding costs of ₹80.03 crore against ₹72.70 crore. For the six months the figures are ₹730.22 crore of income and ₹404.34 crore of costs, against ₹567.55 crore and ₹328.79 crore.
Depreciation and amortisation was ₹115.69 crore in the quarter against ₹403.93 crore a year earlier. Tax expense was ₹102.28 crore against ₹131.41 crore, and profit before tax was ₹466.87 crore, down 4.0% from ₹486.10 crore. Finance costs were ₹3.10 crore against ₹4.18 crore.
Against the June quarter, consolidated net profit fell 41.1% from ₹619.07 crore and total income fell 34.0% from ₹1,634.40 crore. Basic EPS was ₹9.25 against ₹15.71 in the June quarter.
Standalone ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
934.79
1,300.36
-28.1%
1,590.23
-41.2%
Revenue from operations
801.76
1,168.99
-31.4%
1,423.39
-43.7%
Other income
133.03
131.37
+1.3%
166.84
-20.3%
341.87
329.79
+3.7%
611.97
-44.1%
Profit before tax
437.21
n/a
n/a
808.12
-45.9%
Finance costs
2.30
2.43
-5.3%
0.88
+161.4%
Depreciation
110.82
399.20
-72.2%
90.82
+22.0%
Tax expense
95.34
122.45
-22.1%
196.15
-51.4%
Net profit margin
36.57%
25.36%
+11.21 pp
38.48%
-1.91 pp
EPS, basic (₹)
8.68
8.37
+3.7%
15.53
-44.1%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone total income fell 28.1% to ₹934.79 crore from ₹1,300.36 crore, while net profit rose 3.7% to ₹341.87 crore from ₹329.79 crore. Revenue from operations was ₹801.76 crore against ₹1,168.99 crore, down 31.4%, and other income was ₹133.03 crore, up 1.3% from ₹131.37 crore.
In the earnings release, the company gives EBITDA of ₹417.30 crore against ₹749.94 crore for the year-earlier quarter, advertisement revenues of ₹252.76 crore against ₹292.15 crore, and domestic subscription revenues of ₹487.23 crore, up 2.34%. Standalone depreciation was ₹110.82 crore against ₹399.20 crore, tax expense ₹95.34 crore against ₹122.45 crore, and finance costs ₹2.30 crore against ₹2.43 crore. Standalone note 7 gives cricket franchise income of ₹631.61 crore for the six months against ₹473.03 crore, with costs of ₹324.23 crore against ₹256.46 crore.
Against the June quarter, standalone net profit fell 44.1% from ₹611.97 crore and total income fell 41.2% from ₹1,590.23 crore. Basic EPS was ₹8.68, against ₹15.53 in the June quarter and ₹8.37 a year earlier.
The board approved an interim dividend of ₹3.75 per share (75% of face value ₹5), in addition to the ₹5.00 per share (100%) declared on 12 Aug 2026. It also approved the re-appointment of Kalanithi Maran as Executive Chairman and of Kavery Kalanithi as Executive Director, each for five years from 20 Apr 2027 to 19 Apr 2032, subject to shareholder approval by postal ballot. Kavery Kalanithi is the spouse of Kalanithi Maran and the mother of Kaviya Kalanithi Maran, Executive Director, according to the relationship disclosure.
Inference
The interim dividend for 2026-27 is ₹3.75 per share. Interim dividends paid in the six months to 30 Sep 2026 were ₹197.04 crore in both the standalone and the consolidated cash flow statements. The auditor S.R. Batliboi & Associates LLP issued limited review reports dated 30 Oct 2026; the consolidated report says the results include Kai Radio Limited and SunRisers Leeds Limited (formerly Northern Superchargers Limited) as subsidiaries and South Asia FM Limited as a joint venture, and that one subsidiary and one joint venture were reviewed by other auditors.
No reason is given for the fall in revenue or EBITDA against the year-earlier quarter, and no record date is given for the ₹3.75 dividend.
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