Financials
Sun TV posts sunny y-o-y results for Q2-2015; board announces 45 per cent interim dividend
BENGALURU: Sun TV Network Limited (Sun TV) reported 9.1 per cent growth in revenue in Q2-2015 at Rs 509.02 crore versus Rs 466.41 crore in the corresponding quarter of last year on the back of growth of advertising and DTH revenues. Q-o-q performance as well as PAT results declared by the company were however lower in Q2-2015.
The company reported 7 per cent growth in HY-2015 revenue at Rs 1142.60 crore from Rs 1068.26 crore in HY-2014.
Sun TV reported 11.4 per cent growth in advertising revenue in Q2-2015 to Rs 260.26 crore and 20 per cent higher DTH revenue at Rs 130.07 crore. However, advertising revenue in Q1-2014 at Rs. 280.42 crore was 7.8 per cent more than the advertising revenue in the current quarter.
The company’s net profit after taxes (PAT) in Q2-2015 at Rs 154.47 crore was 6.9 per cent lower than the Rs 169.16 crore in Q2-2014 and 6.7 per cent lower than the Rs 165.64 crore in Q1-2015. PAT in HY-2015 at Rs 320.11 crore was 4 per cent lower that the Rs 333.60 crore in HY-2014.
Note: 100,00,000 = 100 Lakhs = 10 million = 1 crore
Let us look at the other results reported by Sun TV for Q2-2015
Y-o-y and HY results have been mentioned above. Sun TV’s revenue for Q2-2015 was 7 per cent less than the Rs 633.58 crore in Q1-2015.
The company’s total expense in Q2-2015 at Rs 298.22 crore was 21.1 per cent more than the Rs 246.29 crore in Q2-2014, and 6.7 per cent less than the Rs 319.80 crore (expenses figure excludes the one time annual SunRisers Hyderabad IPL franchise fee of Rs 85.05 crore paid in Q1-2015) in Q1-2015. Total Expense in HY-2015 was 14.9 per cent more at Rs 703.07 crore than the Rs 611.88 crore in HY-2014.
Sun TV’s depreciation and amortisation charges in Q2-2015 have jumped 57.4 per cent to Rs 185.01 crore from Rs 117.56 crore in Q2-2014 and were 33.1 per cent higher than the Rs 138.99 crore in Q1-2015. For HY-2015, depreciation and amortisation charges were 37.9 per cent higher at Rs 324 crore as against Rs 234.95 crore in HY-2014.
Employee benefit expense in Q2-2015 was up 4.3 per cent at Rs 50.13 crore from Rs 48.27 crore in Q2-2014 and was 9.5 per cent more than the Rs 45.77 crore in Q1-2015. For HY-2015 EBE at Rs 95.90 crore was 3.7 per cent less than the Rs 92.48 crore in HY-2014
The company has reported a 38 per cent drop in other expenditure to Rs 22.65 crore in Q2-2015 from Rs 36.51 crore in Q2-2014 and was less than a fourth (1/4.11 times) the Rs 93.18 crore in Q1-2015. For HY-2015, other expenditure at Rs 115.83 crore was 4.9 per cent higher than the Rs 110.45 crore in Q1-2014.
The board of directors of the company have declared an interim dividend of 45 per cent (Rs 2.25) per share of face value of Rs 5.
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MUMBAI: It’s time to brief the markets: Page Industries is showing that even when regulations tighten, it can still keep its footing in the innerwear business. The Bengaluru-based apparel major has reported its financials for the quarter ended 31 December 2025, delivering a performance that remains steady and well put together.
The company’s top line showed plenty of elasticity this quarter. Revenue from operations stretched to Rs 1,38,675.71 lakhs, a healthy jump from the Rs 1,29,085.82 lakhs reported in the preceding quarter. Compared to the same period last year, which stood at Rs 1,31,305.10 lakhs, it’s clear the brand’s grip on the market isn’t loosening. Total income for the quarter, including other finance gains, reached a comfortable Rs 1,39,919.03 lakhs.
However, it wasn’t all smooth silk. The Government of India’s new unified Labour Codes, covering everything from wages to social security, officially kicked in on 21 November 2025. This regulatory shift forced Page Industries to account for a one-time “exceptional item” cost of Rs 3,500.42 lakhs to cover incremental employee benefits and related obligations. Despite this Rs 35-crore legislative snag, the underlying business remained robust. Profit before tax stood at Rs 25,625.35 lakhs after the exceptional hit, and without that one-off cost, the figure would have been a more muscular Rs 29,125.77 lakhs. Net profit for the quarter came in at Rs 18,953.64 lakhs.
Total expenses rose to Rs 1,10,793.26 lakhs, driven largely by raw material consumption of Rs 30,162.65 lakhs and employee benefits of Rs 23,310.66 lakhs. Even so, the company’s operational strength ensured the bottom line remained firmly stitched together.
For shareholders, the news is particularly “fitting.” The Board has declared a third interim dividend for 2025-26 of Rs 125 per equity share. The record date has been set for 11 February 2026, with the payment scheduled on or before 6 March 2026. This follows two previous interim dividends of Rs 150 and Rs 125 declared earlier in the financial year, reinforcing the company’s commitment to sharing the spoils of its success.
Looking at the nine-month stretch ending December 2025, Page Industries has amassed total income of Rs 4,04,090.59 lakhs, with total comprehensive income of Rs 58,231.49 lakhs. While the basic earnings per share for the quarter dipped slightly to Rs 169.93, compared to Rs 183.48 in the same quarter last year, the year-to-date EPS remains a solid Rs 524.57.
Auditors at S.R. Batliboi & Associates LLP have given the results a “limited review” thumbs up, reporting no material misstatements. It seems that, as far as Page Industries is concerned, the business remains as well-constructed as its famous Jockey briefs.
