Television broadcast major Sun TV Network Ltd on Friday said it closed last fiscal with 11 per cent growth net profit of about Rs 1,520.41 crore on reduced revenue.According to the company, it has earned a net profit of about Rs 1,520.41 crore .
The network earned a net profit of Rs 1,520.41 crore last fiscal.
11 Jun, 2021 - 08:17 PM IST | By indiantelevision.com Team
New Delhi: Television broadcast major Sun TV Network Ltd on Friday said it closed last fiscal with 11 per cent growth net profit of about Rs 1,520.41 crore on reduced revenue.
The company recorded a net profit of about Rs 1,520.41 crore last fiscal up from a net profit of about Rs 1,371.83 crore in FY20.
While the advertisement revenue dropped for the year, the network recorded significant gain on subscriptions. According to the company, the total advertising revenue for the year stood at Rs 994.03 crore, compared to Rs 1336.01 crore in the previous year ended 31 March 2020.
Read more about Television broadcast major Sun Network registers 11% growth in net profit on Business Standard. The advertisement revenues for the year was at Rs 994.03 crore as against Rs 1,336.91crore for the previous year