Sun TV Q4 net up 2.74% at Rs 202.99 crore

Sun TV today reported a modest 2.74 per cent increase in its net profit at Rs 202.99 crore for the fourth quarter ended March 31, 2015.
The company had reported a net profit of Rs 197.57 crore for January-March period of last year.
Income from operations of the Kalanithi Maran-owned Sun TV Network in the quarter under review was at Rs 548.58 crore, an increase of 5.45 per cent from Rs 520.18 crore in the corresponding quarter last year, the company said in a BSE filing.
During fiscal 2014-15, the company's net profit stood at Rs 737.23 crore, against net profit of Rs 716.96 crore in previous financial year.

Net sales in 2014-15 were at Rs 2,243.62 crore as compared with net sales of Rs 2,096.78 crore in the previous fiscal.
Shares of the Chennai-based television broadcaster closed at Rs 378.70 apiece at the end of day's trade, down 1.94 per cent from the previous close on the BSE.