Sun TV Network submits FY26 Business Responsibility and Sustainability Report

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Sun TV Network filed its BRSR for FY26 on August 27, 2026
  • The report complies with SEBI Regulation 34(2)(f)
  • Document includes reasonable assurance and is part of the annual report
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Sun TV Network submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ending March 31, 2026, on August 27, 2026. The filing was made in compliance with SEBI listing regulations.

The company uploaded the report to its official website. It forms part of the Annual Report for FY26. The document includes reasonable assurance as required by regulatory standards.

Regulatory Compliance

The submission adheres to Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015. The report covers the financial year 2025-26.

R Ravi, Company Secretary and Compliance Officer, signed the communication to the exchanges. The document is available for public access on the company’s digital platforms.

Historical Stock Returns for Sun TV Network

1 Day5 Days1 Month6 Months1 Year5 Years
-0.26%-3.52%-4.71%-24.12%-16.43%-2.44%

How might Sun TV Network's sustainability disclosures in the FY26 BRSR influence ESG-focused institutional investment flows into the media sector?

What specific carbon reduction or social responsibility targets has Sun TV Network outlined for FY27 in response to its FY26 performance?

Could the inclusion of reasonable assurance in this report set a new compliance benchmark for other mid-cap media companies listed on Indian exchanges?

Sun TV Network Q1FY27 consolidated net profit rises 17% to ₹6.2 billion

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Reviewed by
Jubin VScanX News Team
Key Highlights

Sun TV Network Limited reported Q1FY27 standalone PAT of ₹611.97 crore, up 16% YoY, driven by cricket franchise income. Consolidated net profit reached ₹6.2 billion against ₹5.29 billion last year. Consolidated revenue grew to ₹14.6 billion from ₹12.9 billion, with EBITDA expanding to ₹7.35 billion and margins improving to 50.45% from 48%. An interim dividend of ₹5 per share was declared.

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Sun TV Network Limited reported a 16% year-on-year increase in standalone profit after tax (PAT) to ₹611.97 crore for the quarter ended June 30, 2026. Consolidated net profit for the period was disclosed as ₹6.2 billion, rising from ₹5.29 billion in the corresponding quarter of FY26. Standalone revenue from operations rose 13% to ₹1,423.39 crore, while consolidated revenue reached ₹14.6 billion, up from ₹12.9 billion year-on-year.

The results were approved by the Board on August 12, 2026, in compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The unaudited standalone and consolidated financial results were reviewed by the Statutory Auditors, S.R. Batliboi & Associates LLP, under Standard on Review Engagements (SRE) 2410.

Financial Performance

Standalone revenue from operations increased to ₹1,423.39 crore in Q1FY27, compared to ₹1,256.79 crore in the corresponding quarter of FY26. Domestic subscription revenues rose 3% to ₹485.46 crore, while advertisement revenues stood at ₹282.51 crore. Total income reached ₹1,590.23 crore, supported by other income of ₹166.84 crore.

Metric Q1FY27 (₹ crore) Q1FY26 (₹ crore) Change
Revenue from Operations 1,423.39 1,256.79 +13%
EBITDA 732.99 617.23 +19%
Profit After Tax 611.97 528.66 +16%
Earnings Per Share (₹) 15.53 13.41 +16%

Consolidated PAT rose to ₹619.07 crore from ₹529.21 crore in Q1FY26. Consolidated revenue from operations was ₹1,457.88 crore, up from ₹1,290.28 crore in the prior year period. The share of profit from joint ventures contributed ₹2.94 crore to the consolidated bottom line.

Consolidated Metrics Update

New disclosures indicate consolidated EBITDA for Q1FY27 stood at ₹7.35 billion, compared to ₹6.19 billion in Q1FY26. This represents an expansion in the consolidated EBITDA margin to 50.45% from 48% in the previous year’s quarter. These figures align with the broader growth trajectory observed in both standalone and consolidated top-line metrics.

Cricket Franchise Impact

A significant driver of the quarter’s performance was income from the company’s cricket franchises — Sunrisers Hyderabad, Sunrisers Eastern Cape, and Sunrisers Leeds Limited. Income from these entities totalled ₹629.83 crore in Q1FY27, compared to ₹473.03 crore in Q1FY26. Corresponding costs for the franchises were ₹321.17 crore (standalone) and ₹324.31 crore (consolidated), up from ₹256.09 crore in both cases during the previous year’s quarter.

What the Numbers Show

The surge in profitability is heavily influenced by non-media core operations. While domestic subscription revenues grew modestly by 3%, advertisement revenues declined slightly to ₹282.51 crore from ₹289.94 crore in Q1FY26. This divergence highlights the growing weight of cricket franchise income in the overall financial structure, which accounted for a substantial portion of the ₹1,423.39 crore revenue. Operational costs remained relatively stable at ₹230.74 crore, but cricket franchise fees increased sharply to ₹123.32 crore from ₹17.98 crore in the preceding quarter, reflecting the seasonal nature of these sports-related expenses.

Dividend Declaration

The Board declared an interim dividend of ₹5.00 per equity share of ₹5.00 face value each. This represents a 100% dividend payout relative to the face value. The dividend declaration was part of the resolutions passed during the Board meeting held on August 12, 2026.

Historical Stock Returns for Sun TV Network

1 Day5 Days1 Month6 Months1 Year5 Years
-0.26%-3.52%-4.71%-24.12%-16.43%-2.44%

How will the declining trend in advertisement revenues impact Sun TV's long-term valuation if cricket franchise income remains seasonal?

What strategic initiatives is Sun TV pursuing to diversify revenue streams beyond its heavy reliance on IPL and other cricket franchises?

Will the 100% dividend payout ratio be sustainable in future quarters given the high operational costs associated with sports franchises?

More News on Sun TV Network

1 Year Returns:-16.43%