Sun TV Network (SUNTV) Q4 25/26 earnings summary

Executive summary

• Standalone total income for FY26 rose 2% to Rs.4,637.70 crore; revenues up 6% to Rs.4,102.13 crore year-over-year.

• Consolidated revenues for FY26 increased 7.96% to Rs.4,334.82 crore; EBITDA up 3.82% to Rs.2,214.21 crore.

• Profit after tax (standalone) for FY26 was Rs.1,393.52 crore, down from Rs.1,654.46 crore in FY25.

• Profit after tax (consolidated) for FY26 was Rs.1,440.63 crore, down from Rs.1,703.64 crore in FY25.

• Four interim dividends totaling Rs.12.50 per share (250%) were declared during FY26.

Financial highlights

• Standalone Q4 FY26 revenue: Rs.848.48 crore (down from Rs.909.01 crore in Q4 FY25); profit after tax: Rs.218.64 crore (down from Rs.362.18 crore in Q4 FY25).

• Consolidated Q4 FY26 revenue: Rs.882.51 crore; profit after tax: Rs.324.33 crore.

• Standalone EBITDA for FY26: Rs.2,156.46 crore; consolidated EBITDA: Rs.2,214.21 crore.

• Domestic subscription revenue grew 9.69% year-over-year to Rs.1,891.68 crore.

Outlook and guidance

• Management noted stable underlying operating performance despite a challenging external environment.

• Profitability in Q4 FY26 was impacted by non-recurring items, including mark-to-market provisioning and impairment of radio investments.