Sun TV Network Ltd. (SUNTV) — Tipsheet

Sun TV's PAT slips to ₹1,393.52 cr despite revenue rise

Tipsheet Editorial — Thu, 21 May 2026 16:56:19 GMT

Revenue crept up 5.76% to ₹4,102.13 cr, but profit shrank from ₹1,654.46 cr as JV impairment and labour costs hit the bottom line.

What’s new

Standalone revenue rose 5.76% to ₹4,102.13 cr for the year ended March 2026.
Profit after tax fell to ₹1,393.52 cr from ₹1,654.46 cr, hit by exceptional items.
Exceptional items include impairment of joint venture investment and labour code adjustments.

Why it matters

The earnings are routine and backward-looking, with no surprise since the board meeting outcome was already intimated. The PAT decline highlights the drag from one-off charges; the open question is whether these are truly one-time or persist.

What we’re watching

Whether the exceptional items recur in FY27 or are truly one-off.
Next quarter's revenue trend to confirm if growth is sustainable.

The full read

Sun TV's audited annual results confirm what the board meeting already telegraphed: revenues inched up, but profits took a hit. The 5.76% top-line growth to ₹4,102.13 cr is modest for a media company, while the PAT drop to ₹1,393.52 cr from ₹1,654.46 cr is squarely due to exceptional items — an impairment on a JV investment and labour code adjustments. These are backward-looking numbers, and the market had already anticipated the results. The open question is whether these charges are truly one-off or bleed into FY27.

Primary source: BSE · NSE

Sun TV annual profit falls to ₹1,393.52 cr on one-off charges

Tipsheet Editorial — Thu, 21 May 2026 16:48:22 GMT

Revenue grew 5.76% to ₹4,102.13 cr but PAT declined from ₹1,654.46 cr, hit by mark-to-market provisions and JV impairment.

What’s new

Annual PAT declined to ₹1,393.52 cr from ₹1,654.46 cr in FY25.
Revenue rose 5.76% to ₹4,102.13 cr for the full year.
Non-recurring items include mark-to-market provisions on mutual funds and impairment of a JV investment.

Why it matters

The profit drop is entirely due to one-off charges, suggesting the underlying business may be stable. But with no forward guidance, the filing offers little for investors seeking new signals.

What we’re watching

Whether the non-recurring charges reverse in Q1 FY27.
Any future commentary on ad revenue or OTT growth.

The full read

Sun TV Network's audited annual results show a familiar pattern: top-line growth offset by one-off charges that drag down profit. Full-year revenue rose 5.76% to ₹4,102.13 crore, but PAT fell from ₹1,654.46 crore to ₹1,393.52 crore, hit by mark-to-market provisions on mutual funds and impairment of a joint-venture investment. The fourth quarter alone also saw a year-on-year decline in both revenue and profit. The non-recurring nature of the charges means the underlying business may be stable, but the filing is a purely backward-looking disclosure. No surprises, no guidance, no tradeable news — just a routine annual check-in for a mid-cap media company.

Primary source: BSE · NSE