Sun TV Q2 Net Down 8.68 Per Cent at Rs 154.47 Crore

New Delhi: Sun TV on Friday reported an 8.68 per cent decline in net profit at Rs 154.47 crore for the second quarter that ended on September 30, 2014.

The South-based television broadcaster had registered a net profit of Rs 169.16 crore for the corresponding quarter a year ago, it said in a statement.

However, its total income during the during the quarter under review increased 9.13 per cent to Rs 509.02 crore from Rs 466.41 crore in the year-ago period.

For the first half of 2014-15, the company's net profit declined 4.04 per cent to Rs 320.11 crore as compared to Rs 333.60 crore in the same period last year.

Net sales during the six-month period increased 6.95 per cent to Rs 1,142.60 crore as against Rs 1,068.26 crore in the corresponding period of the previous fiscal year.

Meanwhile, the company informed in a separate filing that its board has approved an interim dividend of Rs 2.25 per share (45 per cent) on face value of Rs 5 per share for financial year 2014-15.

Shares in Sun TV, on Friday, ended at Rs 325.10 apiece on the BSE, down 1.60 per cent from the previous close.