Sun TV Network Q2 net profit falls 7.6% to Rs 151.6 cr

The Chennai-based Sun TV Network’s net profit fell 7.6 percent quarter-on-quarter to Rs 151.6 crore in the second quarter of current financial year, which was below the street expectations of Rs 171 crore.

Income from operations increased 1.7 percent to Rs 433.3 crore from Rs 426 crore during the same period.

Other income declined to Rs 9.6 crore in the three months period ended September 2012 from Rs 13.3 crore in the previous quarter.

Shares fell 0.9 percent to close at Rs 328.80 on the Bombay Stock Exchange.

Source: www.moneycontrol.com

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