Sun TV Network’s Q1 FY26 consolidated PAT fell 5.38% YoY to ₹529.21 crore.
The quarter included ₹473.03 crore income and ₹256.09 crore costs from its cricket teams Sunrisers Hyderabad and Sunrisers Eastern Cape.
Post-quarter, Sun TV’s holding company agreed to acquire 100% equity in Northern Superchargers Ltd from the England and Wales Cricket Board for £100 million.
The broadcaster operates TV channels in seven languages, FM radio stations nationwide, and owns multiple cricket franchises.
Sun TV Network Ltd has reported a decline of 5.38% in consolidated profit after tax (PAT) at ₹529.21 crore for the first quarter ended June 30, 2025.
The company had reported a PAT of ₹559.32 crore in the April-June period a year ago, Sun TV Network, one of the largest broadcasters, said in a regulatory filing on Thursday.
Its revenue from operations was down 1.77% to ₹1,290.28 crore in the June quarter. This was at ₹1,313.55 crore in the corresponding quarter last year.
Sun TV Network's total expenses increased 10% to ₹782 crore in the June quarter of FY'26.
However, total income of Sun TV Networks, which includes other incomes, in the June quarter was up 1.28% to ₹1,479.19 crore.
Sun TV also owns the Sunrisers Hyderabad Cricket Franchise of the Indian Premier League and the Sunrisers Eastern Cape of Cricket South Africa's T20 League.
"The results for the quarter ended June 30, 2025 include income from the Holding Company's Cricket Franchises ("Sunrisers Hyderabad" and "Sunrisers Eastern Cape") of ₹473.03 crore and corresponding costs of ₹256.09 crore," the company said.
Moreover, subsequent to the quarter ended June 30, 2025, its holding company has entered into a Share Purchase Agreement (SPA) with the England and Wales Cricket Board to acquire 100 per cent equity in the Northern Superchargers Ltd, for a consideration of 100 million British Pounds (around ₹1,050 crore).
Sun TV Network operates satellite television channels across seven languages -- Tamil, Telugu, Kannada, Malayalam, Bangla, Hindi and Marathi, and airs FM radio stations across India.
Shares of Sun TV Network Ltd on Friday were trading at ₹552.80 per scrip on BSE, down 1.34% from the previous close.