Sun TV Network Interim Dividend of ₹2.50 Record Date Tomorrow, February 13, 2025

Sun TV Network Limited’s Board of Directors has declared and approved an interim dividend of ₹2.50 per equity share of ₹5 each. 

On February 11, 2025, Sun TV Network share price (NSE: SUNTV) opened at ₹602.60 and closed at ₹613.00, up by 1.22%. The stock price touched its day’s high at ₹617.25. 

Sun TV Network Dividend Record Date

The company has declared an Interim Dividend of ₹2.50 per equity share of ₹5.00 (50%) for FY 2024-25. The record date for the dividend is Thursday, February 13, 2025. The company stated that the payment would be made within 30 days from the declaration date, in compliance with the Companies Act 2013. Shareholders eligible as of the record date will receive the dividend accordingly.

Q3 FY 2025 Financial Highlights

For the quarter ended 31st December 2024, the company reported revenues of ₹793.58 crore, compared to ₹885.48 crore in the same quarter of the previous year. Total income for the current quarter stood at ₹927.66 crore, down from ₹1,014.81 crore in Q3 FY24. Profit after tax for the quarter was ₹347.17 crore, compared to ₹437.34 crore in the corresponding period last year.

About Sun TV Network Ltd

Sun TV Network was founded in 1985 as Sumangali Publications Private Limited and later rebranded as Sun TV Network Limited. The company’s flagship channel, Sun TV, was launched in 1993. Primarily engaged in television broadcasting, STNL also produces and distributes films under the Sun Pictures banner.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.