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Media tycoon Kalanidhi Maran-owned Sun TV Network Ltd (Sun TV) reported a net profit of Rs 197.5 crore for the quarter ended March 31, 2014 as compared to Rs 177.5 crore for the quarter ended March 31, 2013, an increase of around 11%.
Revenues was up by 10% at Rs 520.18 crore as against Rs 472.67 crore, a year ago.
S L Narayanan, Group CFO, Sun Group said subscription revenues have been buoyant, which indicates the power of Sun bouquet in the target markets. "We enter 2014-15 with a lot more optimism."
Subscription revenues maintained a 25% growth and FM Radio operations reported a revenue growth of 20% year on year and reporting 18% PAT margins.
