The broadcaster posted a net profit of ₹232 crore for the March quarter, down 37.4% from ₹370.8 crore in the year-ago period. Revenue from operations declined 6.3% year-on-year to ₹882.5 crore from ₹941.8 crore earlier.
Operating performance also weakened during the quarter. EBITDA fell 8.9% year-on-year to ₹390.7 crore, while EBITDA margin narrowed to 44.3% from 45.5% in the corresponding quarter last year.
The company said reported profitability was impacted by non-recurring items, including mark-to-market provisioning on mutual fund investments and impairment recognised on investments in one of its radio investees. In addition, the quarter did not include one-off interest income that had boosted other income in the March 2025 quarter.
Despite the quarterly weakness, Sun TV highlighted that its underlying operating performance remained stable in a challenging external environment. Domestic subscription revenue for FY26 rose 9.7% year-on-year to ₹1,891.7 crore.
Ahead of the earnings announcement, shares of Sun TV Network closed largely flat at ₹517.50 on the NSE.
Also Read: RCF Q4 Results: Fertiliser maker’s profit more than doubles; margins improve
During FY26, the company declared four interim dividends amounting to ₹12.50 per share cumulatively.
Sun TV Network is one of India’s largest television broadcasters, operating channels across Tamil, Telugu, Kannada, Malayalam, Bangla, Marathi and Hindi languages. The company also owns radio stations, the SunNXT OTT platform, film production businesses and cricket franchises including SunRisers Hyderabad in the IPL.
