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This is an archive article published on May 28, 2010

SUN TV net profit up 30 pct

The Sun Television network today said net profit rose by 29.8 per cent to Rs 567.38 crore for the financial year ended March 31,2010,in comparison to the previous year.

The Sun Television network today said net profit rose by 29.8 per cent to Rs 567.38 crore for the financial year ended March 31,2010,in comparison to the previous year.

For the year ended March 31,2009,the company reported a PAT of Rs 437.11 crore,Sun TV Network said in a filing to the Bombay Stock Exchange.

Total income for the year ended March 31,2010,grew by 31.70 per cent to Rs 1,437.52 crore in comparison to Rs 1,091.52 crore in the previous year.

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Earnings Before Interest,Tax,Depreciation and Amortisation (EBITDA) for FY’10 grew by 43.93 per cent to Rs 1,110.55 crore from Rs 771.59 crore in the previous year.

The board of directors have declared a final dividend – including an interim dividend — of 150 per cent,which amounts to Rs 7.50 per equity share of Rs 5 face value,for the fiscal ended March 31,2010.

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