Sun TV Network reports revenue decline and EBITDA drop in Q1FY25

Sun TV Network Limited, a major broadcaster in India, has announced its financial results for the quarter ending June 30, 2024. The company reported revenues of Rs 1,276.11 crore, marking a decrease of 3.2% from Rs 1,317.78 crore in the same quarter last year. Advertisement revenues declined by 4.5%, from Rs. 339.10 crore to Rs 323.77 crore. Domestic subscription revenues fell by 2.2%, from Rs 435.34 crore to Rs 425.79 crore.