Integrated Filing — IndAS



General information about company

Scrip Code 532733
NSE Symbol SUNTV
MSEI Symbol NOTLISTED
ISIN INE424H01027
Name of company SUN TV NETWORK LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 14-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 05-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Media and Entertainment
Start date and time of board meeting 14-11-2025   14:30:00
End date and time of board meeting 14-11-2025   16:20:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 1,29,987.00 2,59,015.00
Other income 13,995.00 32,886.00
Total income 1,43,982.00 2,91,901.00
2 Expenses
(a) Cost of materials consumed 25,828.00 60,483.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 8,621.00 17,112.00
(e) Finance costs 418.00 773.00
(f) Depreciation, depletion and amortisation expense 40,393.00 51,146.00
(f) Other Expenses
1 Other Expenses 17,091.00 41,038.00
Total other expenses 17,091.00 41,038.00
Total expenses 92,351.00 1,70,552.00
3 Total profit before exceptional items and tax 51,631.00 1,21,349.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 51,631.00 1,21,349.00
6 Tax expense
7 Current tax 13,010.00 29,762.00
8 Deferred tax 131.00 (97.00)
9 Total tax expenses 13,141.00 29,665.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 38,490.00 91,684.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method (3,021.00) (3,294.00)
16 Total profit (loss) for period 35,469.00 88,390.00
17 Other comprehensive income net of taxes 962.00 949.00
18 Total Comprehensive Income for the period 36,431.00 89,339.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 19,704.00 19,704.00
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 9 22.43
Diluted earnings (loss) per share from continuing operations 9 22.43
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 9 22.43
Diluted earnings (loss) per share from continuing and discontinued operations 9 22.43
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 3 The above consolidated financial results for the quarter and six months ended September 30, 2025 have been reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on November 14, 2025. The review of the consolidated financial results has been carried out by the Statutory Auditors of the Company. 4 These unaudited consolidated financial results have been prepared in accordance with the recognition and measurement principles provided in Indian Accounting Standard (Ind AS) 34 on ‘Interim Financial Reporting’, the provisions of the Companies Act, 2013 (the Act), as applicable and guidelines issued by the Securities and Exchange Board of India (SEBI) under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended. 5 Based on internal reporting provided to the Chief Operating Decision Maker, “Media and Entertainment” is the only reportable segment for the Group. 6 The Board of Directors have declared an interim dividend of Rs.3.75 per share (75%) at their meeting held on November 14, 2025. This is in addition to the interim dividend of Rs. 5.00 per share (100%) at their meeting held on August 7, 2025. 7 During the quarter ended September 30, 2025, pursuant to the Share Purchase Agreement (SPA) entered into by the Holding Company with the England and Wales Cricket Board, the Holding Company acquired 100% stake in the equity of Sunrisers Leeds Limited ('SRL') (Formerly, Northern Superchargers Limited), a Company registered in London, United Kingdom, for a consideration of GBP 100.5 million, resulting in acquisition of controlling stake by the Holding Company in SRL with effect from July 28, 2025. This results in SRL becoming Subsidiary of the Holding Company. SRL is a franchise in England's 'The hundred' cricket league. Based on evaluation of the guidance under Ind AS 103 and considering the substance of the arrangement, the same has been accounted as an asset acquisition. 8 The results for the quarter and six months ended September 30, 2025 includes income from the Group’s Cricket Franchises (“Sunrisers Hyderabad”, “Sunrisers Eastern Cape” and Sunrisers Leeds Limited) of Rs. 94.52 crores and Rs. 567.55 crores (Quarter and Six months ended September 30, 2024 – Rs. 0.09 crores and Rs. 497.14 crores respectively) and corresponding costs of Rs. 72.70 crores and Rs. 328.79 crores respectively (Quarter and Six months ended September 30, 2024 – Rs. 1.34 crores and Rs. 237.76 crores respectively). 9 Exceptional item during the year ended March 31, 2025 represents provision for impairment in the Company's investment in a Joint Venture on account of the recoverable amount being lower than the carrying amount, primarily considering the Joint Venture's operating performance and other relevant economic and market indicators. 10 The National Company Law Tribunal, Division Bench II, Chennai, approved the Scheme of Amalgamation (the KRL Scheme) for the amalgamation between Kal Radio Limited (Subsidiary of the Holding Company, hereinafter referred to as Transferee) and Udaya FM Private Limited (referred to as Transferor) under Sections 230 and 232 of the Companies Act, 2013, on March 21, 2025, and the said order was communicated to the Transferor and Transferee on March 28, 2025. The KRL Scheme became effective on May 1, 2025, post fulfilling conditions precedent in Clause 14.1 of the KRL Scheme, which, inter alia, included obtaining relevant approvals by the Ministry of Information & Broadcasting to transfer Phase III license of transferor company in the name of the transferee company and the subsequent filing of the KRL Scheme with the Registrar of Companies. This amalgamation has been given effect to by Kal Radio Limited during the quarter ended June 30, 2025, in accordance with the accounting principles as laid down in the Appendix C to Ind AS 103 'Business Combinations' of entities under common control. Accordingly, the financial information in respect of prior periods / year has been restated for the acquisition as if the business combination has occurred from the beginning of preceding periods. 11 Previous period's / year's figures have been regrouped / reclassified wherever necessary to make it comparable with current period.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 83,836.00
Capital work-in-progress 1,523.00
Investment property 2,455.00
Goodwill 480.00
Other intangible assets 1,78,501.00
Intangible assets under development 44,725.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 34,284.00
Non-current financial assets
Non-current investments 1,66,409.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets 0.00
Total non-current financial assets 1,66,409.00
Deferred tax assets (net) 19,621.00
Other non-current assets 2,891.00
Total non-current assets 5,34,725.00
2 Current assets
Inventories 0.00
Current financial asset
Current investments 5,91,164.00
Trade receivables, current 1,46,640.00
Cash and cash equivalents 8,855.00
Bank balance other than cash and cash equivalents 10,473.00
Loans, current 0.00
Other current financial assets 1,859.00
Total current financial assets 7,58,991.00
Current tax assets (net) 6,645.00
Other current assets 40,965.00
Total current assets 8,06,601.00
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 13,41,326.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 19,704.00
Other equity 12,15,034.00
Total equity attributable to owners of parent 12,34,738.00
Non controlling interest 1,591.00
Total equity 12,36,329.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 10,767.00
Total non-current financial liabilities 10,767.00
Provisions, non-current 0.00
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 177.00
Other non-current liabilities 0.00
Total non-current liabilities 10,944.00
Current liabilities
Current financial liabilities
Borrowings, current 3,037.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1,474.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 40,955.00
Total Trade payable 42,429.00
Other current financial liabilities 15,782.00
Total current financial liabilities 61,248.00
Other current liabilities 24,076.00
Provisions, current 2,566.00
Current tax liabilities (Net) 6,131.00
Deferred government grants, Current 32.00
Total current liabilities 94,053.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 1,04,997.00
Total equity and liabilites 13,41,326.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss (962.00) (949.00)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 962.00 949.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1,21,349.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0.00
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current (24,952.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 4,466.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 2,033.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (5,250.00)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 51,146.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 1,205.00
Adjustments for provisions, current 64.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (592.00)
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (18,789.00)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (331.00)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 9,000.00
Net cash flows from (used in) operations 1,30,349.00
Dividends received (521.00)
Interest paid (773.00)
Interest received (11,967.00)
Income taxes paid (refund) 24,723.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 93,911.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 366.00
Purchase of property, plant and equipment 6,143.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 1,68,602.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 2,90,213.00
Purchase of other long-term assets 2,23,589.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 21.00
Interest received 13,371.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (94,363.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 3,037.00
Repayments of borrowings 0.00
Payments of lease liabilities 1,538.00
Dividends paid 19,704.00
Interest paid 98.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (18,303.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (18,755.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 144.00
Net increase (decrease) in cash and cash equivalents (18,611.00)
Cash and cash equivalents cash flow statement at beginning of period 27,466.00
Cash and cash equivalents cash flow statement at end of period 8,855.00