Sun TV Q1 net profit rises 19% to Rs 233.1 crore

Sun TV's income from operations stood at Rs 760.8 crore in the reported quarter, up 10.4 per cent

PTI August 19, 2016 17:18:37 IST
Sun TV Q1 net profit rises 19% to Rs 233.1 crore

New Delhi: Sun TV Network today reported a 19 per cent increase in net profit at Rs 233.1 crore for the first quarter ended June.

Sun TV Q1 net profit rises 19 to Rs 2331 crore

Reuters

The company had posted a net profit of Rs 195.8 crore in the same period last year.

Sun TV's income from operations stood at Rs 760.8 crore in the reported quarter, up 10.4 per cent, from Rs 689.5 crore in the year-ago period, the company said in a BSE filing.

During the quarter, subscription revenue grew 22 per cent to Rs 232.1 crore.

The stock closed 0.42 per cent down at Rs 482.30 on BSE on Friday.

Updated Date:

also read

Actor Sonu Sood's premises in Mumbai and Lucknow raided by Income Tax Department
India

Actor Sonu Sood's premises in Mumbai and Lucknow raided by Income Tax Department

According to official sources the I-T department is looking into a land deal between Sood's firm and a real estate company in Lucknow following complaints of alleged tax evasion

“Every rupee waiting to save precious lives”: Sonu Sood breaks silence over tax raids
India

“Every rupee waiting to save precious lives”: Sonu Sood breaks silence over tax raids

The CBDT had claimed that Sood routed his "unaccounted income in the form of bogus unsecured loans from many bogus entities"

Actor Sonu Sood evaded tax worth Rs 20 crore, says Central Board of Direct Taxes
India

Actor Sonu Sood evaded tax worth Rs 20 crore, says Central Board of Direct Taxes

The CBDT also accused Sood of violating the Foreign Contribution Regulation Act (FCRA) while raising donations from abroad.