Sun TV Networks Q2 results: Sun TV Networks Q2 results: Co reports net profit at Rs 396 cr

New Delhi: Solar TV Networks Ltd on Friday reported a consolidated revenue after tax (PAT) of Rs 395.55 crore for the second quarter ended September 30. The corporate had reported a PAT of Rs 335.02 crore within the July-September interval a 12 months in the past, Solar TV Community mentioned in a BSE submitting.

Its income from operations was Rs 848.67 crore in the course of the interval. It was Rs 768.69 crore within the corresponding quarter of the earlier fiscal.

Solar TV Networks whole bills had been Rs 385.20 crore in Q2 of FY 2021-22.

Solar TV Networks mentioned as a result of outbreak of the COVID-19 pandemic, and the resultant lockdown has impacted the common enterprise operations of the group.

“The outcomes for the quarter and 6 months ended September 30, 2021, are subsequently not comparable with these for the sooner durations introduced,” Solar TV mentioned.

The outcomes for the quarter and 6 months ended September 30, 2021, consists of revenue from the corporate’s IPL franchise SunRisers Hyderabad for season 2021 (partial) of Rs 51.63 crore and corresponding prices of Rs 39.30 crore, it added.

In a separate submitting, Solar TV mentioned its board, in a gathering held on Friday, has declared an interim dividend of fifty per cent, which is Rs 2.50 per share on a face worth of Rs 5 per share for the monetary 12 months 2021-22.

Solar TV Community, operates Satellite tv for pc Tv Channels throughout 5 languages of Tamil, Telugu, Kannada, Malayalam and Bangla, airs FM radio stations throughout India and owns the SunRisers Hyderabad Cricket Franchise of the Indian Premier League.