Sun TV Network LimitedQ1 FY27 Results & Financial Update
Sun TV Network Limited: Q1 FY27 consolidated results and company financials – revenue ₹1,457.88 Cr, PAT ₹619.07 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Chart · Market context
Sun TV Network price & chart
Quarter overview
Quarterly earnings analysis
For the quarter ended 30 June 2026 (Q1 FY27), Sun TV Network reported standalone revenue from operations of Rs. 1,423.39 crores and a consolidated revenue from operations of Rs. 1,457.88 crores, alongside a total consolidated income of Rs. 1,634.40 crores.
Company earnings releases indicate that standalone revenues grew by approximately 13% compared to Rs. 1,256.79 crores in the corresponding quarter of the previous year, while jumping roughly 68% over the Rs. 848.48 crores recorded in the preceding quarter ended 31 March 2026.
Consolidated profit after tax for the current quarter stood at Rs. 619.07 crores (with standalone PAT at Rs. 611.97 crores), supported by substantial contributions from the company's cricket franchise operations during the period.
Cricket franchise revenues included under standalone and consolidated results rose to Rs. 629.83 crores for Q1 FY27 from Rs. 473.03 crores in Q1 FY25, accompanied by corresponding cricket franchise fees and operating expenses of Rs. 321.17 crores.
Domestic subscription revenues exhibited steady growth, reaching Rs. 485.46 crores for the quarter, reflecting an approximate 3% increase over both the corresponding period of the prior year and the preceding quarter.
Standalone advertisement revenues for the quarter were recorded at Rs. 282.51 crores, demonstrating relative stability compared to Rs. 289.94 crores in the corresponding quarter of the previous financial year and Rs. 276.45 crores in the March 2026 quarter.
Reflecting the strong quarterly performance, the Board of Directors declared a first interim dividend of Rs. 5.00 per equity share, representing 100% on the face value of Rs. 5.00 per share, at its meeting held on 12 August 2026.
01 · Business model
What does Sun TV Network do?
Sun TV Network Limited operates as one of the largest television broadcasters in India, maintaining a robust satellite television portfolio across four major southern languages—Tamil, Telugu, Kannada, and Malayalam—as well as three northern languages: Bangla, Marathi, and Hindi.
Beyond its core linear television broadcasting network, the company's operational footprint spans national FM radio stations, movie production ventures, and the digital streaming domain through its dedicated OTT platform, SunNXT.
The enterprise also maintains a major presence in global franchise sports through ownership of three distinct cricket properties: the SunRisers Hyderabad franchise in the Indian Premier League, SunRisers Eastern Cape in Cricket South Africa's T20 League, and SunRisers Leeds Limited in the United Kingdom's The Hundred competition.
02 · Historical context
What shaped the business before this quarter
Previously, the company expanded its sports footprint internationally by acquiring and operating teams such as SunRisers Eastern Cape in South Africa and SunRisers Leeds Limited in the United Kingdom alongside its flagship Indian Premier League franchise, SunRisers Hyderabad.
03 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹1,457.88 Cr |
| Total income | ₹1,634.40 Cr |
| Profit before tax | ₹814.62 Cr |
| Profit after tax | ₹619.07 Cr |
| EPS | ₹15.71 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 42.5% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 55.9% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹176.52 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Standalone and consolidated revenues for the quarter were substantially bolstered by the company's cricket franchises—SunRisers Hyderabad, SunRisers Eastern Cape, and SunRisers Leeds—which generated Rs. 629.83 crores in income during Q1 FY27 compared to Rs. 473.03 crores in the corresponding quarter of the prior year.
Domestic subscription revenues grew by approximately 3% year-on-year to reach Rs. 485.46 crores for the quarter ended 30 June 2026, up from Rs. 470.12 crores in the corresponding period of the previous year.
Standalone advertisement revenues for the quarter stood at Rs. 282.51 crores, comparing with Rs. 289.94 crores in the corresponding quarter of the previous financial year and Rs. 276.45 crores in the preceding quarter ended 31 March 2026.
What drove margins
Cricket franchise fees and related direct expenses rose to Rs. 321.17 crores for the quarter ended 30 June 2026, compared to Rs. 256.09 crores in the corresponding quarter of the prior year, reflecting the active seasonal scheduling of the underlying sporting leagues.
Standalone operational costs were maintained at Rs. 230.74 crores, while employee benefit expenses stood at Rs. 73.71 crores, showing disciplined cost control relative to the top-line expansion.
Depreciation and amortisation expense for the standalone entity was reported at Rs. 90.82 crores (consolidated Rs. 95.79 crores), while finance costs remained modest at Rs. 0.88 crores on a standalone basis and Rs. 1.41 crores on a consolidated basis.
05 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
Based on internal reporting provided to the Chief Operating Decision Maker, 'Media and Entertainment' remains the sole reportable business segment for the company and its consolidated group.
Geography and market mix
The company broadcasts satellite television channels across four southern Indian languages and three northern Indian languages, alongside international sports league operations spanning India, South Africa, and the United Kingdom.
06 · Strategy & new businesses
How the company is trying to change its growth mix
The consolidated financial results incorporate the performance of subsidiaries Kal Radio Limited and SunRisers Leeds Limited (formerly Northern Superchargers Limited) as well as joint venture South Asia FM Limited.
07 · Reported developments
What changed operationally
The company achieved standalone profit after tax of Rs. 611.97 crores and consolidated profit after tax of Rs. 619.07 crores for Q1 FY27, accompanied by the declaration of a 100% first interim dividend of Rs. 5.00 per equity share.
08 · Beyond the numbers
What changed beyond the numbers
Interim Dividend Distribution
The Board of Directors declared an interim dividend of Rs. 5.00 per equity share of Rs. 5.00 each (100%) for the financial year 2026-27 at the board meeting held on 12 August 2026.
09 · Previous-quarter changes
What changed since the previous quarter
Standalone revenues expanded by approximately 68% over the preceding quarter ended 31 March 2026 (rising from Rs. 848.48 crores to Rs. 1,423.39 crores), driven primarily by the seasonal timing of cricket franchise incomes.
10 · Key Q&A
The quarter, answered directly
What does Sun TV Network do?
Sun TV Network Limited operates as one of the largest television broadcasters in India, maintaining a robust satellite television portfolio across four major southern languages—Tamil, Telugu, Kannada, and Malayalam—as well as three northern languages: Bangla, Marathi, and Hindi.
What is the clearest takeaway from Q1 FY27?
For the quarter ended 30 June 2026 (Q1 FY27), Sun TV Network reported standalone revenue from operations of Rs. 1,423.39 crores and a consolidated revenue from operations of Rs. 1,457.88 crores, alongside a total consolidated income of Rs. 1,634.40 crores.
What drove revenue or demand?
Standalone and consolidated revenues for the quarter were substantially bolstered by the company's cricket franchises—SunRisers Hyderabad, SunRisers Eastern Cape, and SunRisers Leeds—which generated Rs. 629.83 crores in income during Q1 FY27 compared to Rs. 473.03 crores in the corresponding quarter of the prior year.
What mattered most for margins or profitability?
Cricket franchise fees and related direct expenses rose to Rs. 321.17 crores for the quarter ended 30 June 2026, compared to Rs. 256.09 crores in the corresponding quarter of the prior year, reflecting the active seasonal scheduling of the underlying sporting leagues.
What changed operationally beyond the headline numbers?
The consolidated financial results incorporate the performance of subsidiaries Kal Radio Limited and SunRisers Leeds Limited (formerly Northern Superchargers Limited) as well as joint venture South Asia FM Limited.
What should the next disclosure help confirm?
Monitor subsequent quarterly exchange disclosures and limited review financial results for sustained trends in domestic subscription revenues and advertisement income.
11 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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12 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Next Quarterly Financial Reporting: Monitor subsequent quarterly exchange disclosures and limited review financial results for sustained trends in domestic subscription revenues and advertisement income.
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