Sun TV Network share price was down 3 percent intraday on November 13 after the company reported a decline in Q2 profit.The company’s profit for the quarter ended September 30, 2020, declined 5.62 percent to Rs 345.91 crore from Rs 366.51 crore in the same quarter a year ago.Revenue for the quarter was at Rs 756.16 crore as against Rs 773.93 crore in the year-ago. Total income for the quarter was Rs 807.71 crore as against Rs 846.07 crore a year ago.Close Sun TV’s subscription revenues for the quarter were up 14 percent at Rs 427.04 crore from Rs 375.65 crore for the corresponding quarter ended September 2019 while EBITDA for the quarter was up by 7.10 percent at Rs 502.03 crore from Rs 468.74 crore a year ago. related news Eicher Motors shares hit new 52-week high despite 40% dip in Q2 profit; CLSA maintains sell Indiabulls Real Estate shares surge 11% after Rare Enterprises picks stake The stock was trading at Rs 429.55, down Rs 13.50, or 3.05 percent at 09:21 hours. It has touched an intraday high of Rs 444.40 and an intraday low of Rs 415.80.Global research firm CLSA has maintained a buy call with a… Read full this story
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Sun TV share falls 3% after Q2 profit slips to Rs 345 crore; CLSA, Nomura retain buy have 295 words, post on www.moneycontrol.com at November 13, 2020. This is cached page on Vietnam Art News. If you want remove this page, please contact us.