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Sun TV posts sunnier y-o-y results for Q3-2014; board announces 135 per cent interim dividend

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BENGALURU: Sun TV Network Limited (Sun TV) reported 9.9 per cent growth in revenue in Q3-2015 at Rs 575.03 crore as compared to the Rs 523.19 quarter in the corresponding quarter of last year and 13 per cent more than the Rs 509.02 crore in Q2-201 on the back of growth of advertising and DTH revenues. For 9M-2014, the company reported 7.5 per cent higher revenue at Rs 1695.05 crore as compared to the Rs 1576.6 crore in 9M-2014.

 

Note: 100,00,000 = 100 lakh = 10 million = 1 crore

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The company’s PAT in the current quarter increase 15.25 per cent to Rs 214.13 crore from the Rs 185.79 crore in Q3-2014 and was a whopping 38.6 per cent more than the Rs 154.47 crore in Q2-2015. PAT in 9M-2015 at Rs 534.24 crore was 2.9 per cent more than the Rs 519.39 crore in Q3-2014.

 

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Sun TV reported 7 per cent y-o-y growth in advertising revenue in Q3-2015 to RS 291.57 crore and was 12 per cent more than the Rs 260.26 crore in the immediate trailing quarter.

 

 Sun TV reported 18 per cent higher DTH revenue at Rs 132.88 crore in the current quarter as compared to the year ago quarter and 2.2 per cent more than the Rs 130.07 crore in the immediate trailing quarter.

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The board of directors of the company have declared the third interim dividend this year of 135 per cent (Rs 6.75) per share of face value of Rs 5.

 

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Let us look at the other results reported by Sun TV for Q3-2015

 

The company’s total expense (TE) in Q3-2015 at Rs 249.78 crore was 3.1 per cent more than the Rs 242.38 crore in Q3-2014 and 16.2 per cent less than the Rs 298.22 crore in Q2-2015. TE in 9M-2015 at Rs 952.85 crore was 11.5 per cent more than the Rs 854.26 crore in 9M-2014. The 9M expense figure for both years includes the one time annual SunRisers Hyderabad IPL franchise fee of Rs 85.05 crore paid by the company in Q1-2015 and Q1-2014 respectively.

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Sun TV’s depreciation and amortization charges (depreciation) in Q3-2015 was 18.2 per cent more at Rs 125.41 crore as compared to the Rs106.06 crore in Q3-2014 and was 32.2 per cent less than the Rs 185.01 crore in Q2-2015. Depreciation increased 31.8 per cent YTD in 9M-2015 to Rs 449.41 crore from Rs 341.01 crore.

 

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Employee benefit expense (EBE) in Q3-2015 was up 12.7 per cent more at Rs 55.69 crore than the Rs 49.42 crore in Q3-2014 and was 11.1 per cent more than the Rs 50.13 crore in Q2-2015. EBE increased 6.8 per cent to Rs 151.59 crore in 9M-2015 from Rs 141.9 crore in the corresponding nine month period of last year.

 

The company has reported a 22.1 per cent drop in other expenditure to Rs 26.66 crore in Q3-2015 from Rs 34.22 crore in the year ago quarter and was 17.7 per cent higher than the Rs 22.65 crore in Q2-2015. Other expenditure in 9M-2015 fell 1.5 per cent to Rs 142.49 crore from Rs 144.67 crore in 9M-2014.

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Click here to read the press release

Click here to read the unaudited financial result

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Awards

Hamdard honours changemakers at Abdul Hameed awards

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NEW DELHI: Hamdard Laboratories gathered a cross-section of India’s achievers in New Delhi on Friday, handing out the Hakeem Abdul Hameed Excellence Awards to figures who have left their mark across healthcare, education, sport, public service and the arts.

The ceremony, attended by minister of state for defence Sanjay Seth and senior officials from the ministry of Ayush, celebrated individuals whose work blends professional success with a sense of public purpose. It was as much a roll call of achievement as it was a reminder that influence is not measured only in profits or podiums, but in people reached and lives improved.

Among the headline awardees was Alakh Pandey, founder and chief executive of PhysicsWallah, recognised for turning affordable digital learning into a mass movement. On the sporting front, Arjuna Awardee and kabaddi player Sakshi Puniya was honoured for her contribution to the game and for pushing women’s participation onto bigger stages.

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The cultural spotlight fell on veteran lyricist and poet Santosh Anand, whose songs have echoed across generations of Hindi cinema. At 97, Anand accepted the honour with characteristic humility, reflecting on a life shaped by perseverance and hope.

Healthcare honours spanned both modern and traditional systems. Manoj N. Nesari was recognised for strengthening Ayurveda’s place in national and global health frameworks. Padma shri Mohammed Abdul Waheed was honoured for his research-backed work in Unani medicine, while padma shri Mohsin Wali received recognition for his long-standing contribution to patient-centred care.

Education and social development also featured prominently. Padma shri Zahir Ishaq Kazi was honoured for decades of work in education, while former Meghalaya superintendent of Police T. C. Chacko was recognised for public service. Goonj founder Anshu Gupta received an award for his dignity-centred rural development initiatives, and the Hunar Shakti Foundation was honoured for empowering women and young girls through skill development.

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The Lifetime Achievement Award went to former IAS officer Shailaja Chandra for her long career in public healthcare and governance, particularly in the traditional systems under Ayush.

Speaking at the event, Hamdard chairman Abdul Majeed said the awards were a tribute to those who combine excellence with empathy. “These awardees reflect Hakeem Sahib’s belief that healthcare, education and public service must ultimately serve humanity,” he said.

Minister Seth struck a forward-looking note, saying India’s young population gives the country a unique opportunity to become a global destination for learning, health and wellness by 2047.

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The ceremony also featured the trailer launch of Unani Ki Kahaani, an upcoming documentary starring actor Jim Sarbh, set to premiere on Discovery on 11 February.

Instituted in memory of Unani scholar and educationist Hakeem Abdul Hameed, the awards have grown into a national platform that celebrates those building a more inclusive and resilient India. For one evening at least, the spotlight was not just on success, but on service with substance.

 

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