SUN TV Announces Quarterly Results (2QFY19); Net Profit Up 23.4%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

SUN TV Announces Quarterly Results (2QFY19); Net Profit Up 23.4%
Mon, 5 Nov

SUN TV has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

SUN TV Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m6,75911,2047,496-33.1%10.9%
Other incomeRs m37239062159.3%66.9%
TurnoverRs m7,13111,5948,117-30.0%13.8%
ExpensesRs m1,7983,8591,956-49.3%8.8%
Gross profitRs m4,9617,3455,540-24.6%11.7%
DepreciationRs m1,0271,468819-44.2%-20.3%
InterestRs m1060.0%850.0%
Profit before taxRs m4,3066,2675,336-14.8%23.9%
TaxRs m1,4592,1751,823-16.2%25.0%
Profit after taxRs m2,8474,0913,513-14.1%23.4%
Gross profit margin%73.465.673.9
Effective tax rate%33.934.734.2
Net profit margin%39.935.343.3
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 10.9% on a year-on-year (YoY) basis. The expenses were up by 8.8% YoY during the same period.
  • The company's operating profit increased by 11.7% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 73.9% in 2QFY19 as against 73.4% in 2QFY18.
  • Depreciation charges declined by 20.3% and finance costs increased by 850.0% YoY, respectively.
  • Other income increased by 66.9% YoY during the quarter.
  • Net profit for the quarter increased by 23.4% YoY. Net profit margins during the quarter increased from 39.9% in 2QFY18 to 43.3% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 33.1% on a quarter-on-quarter (QoQ) basis. The expenses were down by 49.3% QoQ during the same period.
  • The company's operating profit increased by 24.6% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 73.9% in 2QFY19 as against 65.6% in 1QFY18.
  • Net profit for the quarter declined by 14.1% QoQ, while net profit margins increased from 35.3% in 1QFY18 to 43.3% in 2QFY19.

To see how SUN TV has performed over the last eight quarters, please visit here.

SUN TV Share Price Performance

Over the last one year, SUN TV share price has moved up from Rs 881.4 to Rs 618.0, registering a Loss of Rs 263.4 or around 29.9%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,058.6 (up 0.1%). Over the last one year it has moved up from 6,018.1 to 7,058.6, a gain of 1,041 points (up 17.3%).

Overall, the S&P BSE SENSEX is up 4.1% over the year.

Current Valuations

At the current price of Rs 618.0, the price to earnings (P/E) ratio of SUN TV stands at 18.5 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 5.2 times.

Equitymaster requests your view! Post a comment on "SUN TV Announces Quarterly Results (2QFY19); Net Profit Up 23.4%". Click here!

  

Related Views on News

SUN TV Announces Quarterly Results (1QFY20); Net Profit Down 6.7% (Quarterly Result Update)

Aug 13, 2019 | Updated on Aug 13, 2019

For the quarter ended June 2019, SUN TV has posted a net profit of Rs 4 bn (down 6.7% YoY). Sales on the other hand came in at Rs 11 bn (down 1.7% YoY). Read on for a complete analysis of SUN TV's quarterly results.

SUN TV Announces Quarterly Results (4QFY19); Net Profit Down 2.3% (Quarterly Result Update)

May 27, 2019 | Updated on May 27, 2019

For the quarter ended March 2019, SUN TV has posted a net profit of Rs 3 bn (down 2.3% YoY). Sales on the other hand came in at Rs 9 bn (up 24.0% YoY). Read on for a complete analysis of SUN TV's quarterly results.

SUN TV 2017-18 Annual Report Analysis (Annual Result Update)

Dec 20, 2018 | Updated on Dec 20, 2018

Here's an analysis of the annual report of SUN TV for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of SUN TV. Also includes updates on the valuation of SUN TV.

More Views on News

Most Popular

My 3 Best Small-cap Stocks to Get Rich in this Market Rebound(Profit Hunter)

Oct 14, 2019

This is once in a decade opportunity to make a killing from smallcap rebound.

Buy these 3 Stocks for Rebound Riches

Oct 18, 2019

Equitymaster's smallcap guru and editor of Hidden Treasure, Richa Agarwal, talks to us about the rebound in the stock market, and the best stocks to profit from it. Listen in...

Two Stocks to Buy in the Great Indian Festival(Profit Hunter)

Oct 11, 2019

Discounts are not just limited to E-tailers. You can buy stocks at 50% off too. Here are two stocks to buy now.

5 Smart Money Stocks to Profit from the Market Rebound(The 5 Minute Wrapup)

Oct 11, 2019

Now is the time to put money in these 5 stocks to take advantage of the recovery in the economy and the markets.

My Top 10 Stocks for Accelerated Profits

Oct 18, 2019

Equitymaster's co-head of research and editor of Microcap Millionaires, Rahul Shah, talks to us about his market-beating system and his 10 best stocks to buy now. Listen in...

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

SUN TV SHARE PRICE


Oct 24, 2019 09:41 AM

TRACK SUN TV

COMPARE SUN TV WITH

MARKET STATS