Sun TV Network reported a steady operational performance in Q4 and FY26, with revenues growing year-on-year even as bottom line was weighed down by exceptional items and market-linked investment provisions. The company also continued its generous dividend payout while investing aggressively in content and sports assets to drive long-term growth.
Sun TV Network Limited has announced its audited results for the quarter and year ended 31 March 2026, highlighting resilient media and entertainment operations despite a softer profit trajectory. The broadcaster, which runs leading South Indian TV channels, the SunNXT OTT platform and three cricket franchises, underlined continued strength in subscription income and consolidated revenue growth.
Quarterly Snapshot: Q4 Fy26 Performance
Consolidated revenue from operations for the March quarter stood at Rs 882.51 crore, while total income came in at Rs 982.21 crore. Consolidated net profit after tax was Rs 232.34 crore, with earnings per share at Rs 5.90.
Full-Year Fy26: Growth With Pressure On Profits
For FY26, consolidated revenue from operations rose to Rs 4,334.82 crore, with total income at Rs 4,900.47 crore. Consolidated profit after tax after exceptional items stood at Rs 1,440.63 crore, compared with Rs 1,703.42 crore in FY25, as profitability was impacted by mark-to-market provisions on mutual fund investments and impairment in a radio investee. EBITDA for the year improved to Rs 2,214.21 crore, reflecting stable underlying operations.
Standalone Business And Subscription Momentum
On a standalone basis, revenue from operations for FY26 was Rs 4,102.13 crore, up 5.76% year-on-year, led by a 9.69% rise in domestic subscription revenue to Rs 1,891.68 crore. Standalone profit after tax after exceptional items for the year was Rs 1,393.52 crore, with EPS of Rs 35.36.
Sports And New Investments
The group’s cricket franchises – SunRisers Hyderabad, SunRisers Eastern Cape and SunRisers Leeds Limited – contributed FY26 income of Rs 662.12 crore, with related costs of Rs 422.56 crore. During FY26, the company also continued to amortise substantial spends on content and sports rights, with consolidated depreciation and amortisation at Rs 722.60 crore.
Capital Allocation, Cash Flows And Dividends
Operating cash flow at the consolidated level stood at Rs 1,801.64 crore for FY26, supporting both investments and shareholder returns. The Board declared four interim dividends during the year, aggregating to 250% or Rs 12.50 per share, while net cash used in investing activities reached Rs 1,311.46 crore, reflecting higher spends on intangibles and financial instruments.
Key Highlights
- Total income FY26 (standalone): Rs 4,637.70 crore
- Total income FY26 (consolidated): Rs 4,900.47 crore
- Q4 FY26 consolidated revenue from operations: Rs 882.51 crore
- Q4 FY26 consolidated PAT: Rs 232.34 crore
- FY26 consolidated PAT after exceptional items: Rs 1,440.63 crore
- FY26 standalone domestic subscription revenue: Rs 1,891.68 crore
- Cricket franchise income FY26 (consolidated): Rs 662.12 crore
- EBITDA FY26 (consolidated): Rs 2,214.21 crore
- Interim dividends in FY26: Rs 12.50 per share cumulatively
Sources: Company exchange filing and Q4 FY26 earnings release dated 21 May 2026.