SUNTV2021-04-012021-06-30in-bse-fin:OneOperatingExpenses01Member SUNTV2021-04-012021-06-30in-bse-fin:OneOperatingExpenses02Member SUNTV2021-04-012021-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member SUNTV2021-04-012021-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares SUNTV 2021-04-01 2022-03-31 2021-08-04 INR Crores First quarter Single segment Media and Entertainment 2021-04-01 2021-06-30 Unaudited Consolidated 8188700000.00 588800000.00 8777500000.00 1183300000.00 0.00 0.00 743800000.00 21000000.00 380100000.00 1389800000.00 3718000000.00 5059500000.00 0.00 5059500000.00 1253500000.00 18900000.00 1272400000.00 0.00 3787100000.00 0.00 0.00 0.00 -136800000.00 3650300000.00 -1700000.00 3648600000.00 3652300000.00 -2000000.00 3650600000.00 -2000000.00 1970400000.00 5 9.26 9.26 0.00 0.00 9.26 9.26 1.The above unaudited consolidated financial results for the quarter ended June 30, 2021 have been reviewed by the Audit Committee and approved by the Board in their meeting held on August 13, 2021. The above results have been reviewed by the statutory auditors, Deloitte Haskins & Sells LLP who have expressed an unmodified opinion on the same. 2.Based on internal reporting provided to the Chief Operating Decision Maker, “Media and Entertainment” is the only reportable segment for the Group. 3.The Board of Directors have declared an interim dividend of Rs.3.75 per share (75%) at their meeting held on August 13, 2021 4.The results for the quarter ended June 30, 2021 includes income from the Group's IPL franchise SunRisers Hyderabad for season 2021(partial) of Rs.123.92 crores and corresponding costs of Rs.77.74 crores. Due to COVID-19 pandemic, the IPL season 2020 was not played during the quarter ended June 30, 2020. 5.With effect from April 1, 2021, the management has reassessed the estimated useful life of film broadcasting rights (satellite rights) based on the pattern of the expected future economic benefits and accordingly, has decided to amortize the cost of such rights over a period of four years, from the date of first telecast of the film, in a graded manner in line with the prevailing industry practices in India and across the world. This was, hitherto, fully expensed off on the date of first telecast of the film. Consequently, the depreciation and amortization expense is lower by Rs.70.28 crores and the Profit before tax and Profit after tax / Total Comprehensive Income are higher by Rs.70.28 crores and Rs.52.59 crores respectively for the quarter ended 30 June 2021. 6.The outbreak of COVID -19 pandemic and consequent lock down has impacted the regular business operations of the Group. The results for the quarter ended June 30, 2021 are therefore not comparable with those for the earlier periods presented. The Group has assessed the impact of the pandemic on its financial results / position based on the internal and external information, to the extent known and available up to the date of approval of these financial results and based on the current estimates, the Group expects no further adjustments to the carrying amounts as at June 30, 2021 of the investments, intangible assets, receivables and other financial assets. This assessment and the outcome of the pandemic as regards the aforesaid matters is highly dependent on the circumstances / developments, as they evolve in the subsequent periods. 7.The figures for the quarter ended March 31, 2021 are the balancing figures between audited figures in respect of full financial year ended March 31, 2021 and un-audited published year to date figures upto December 31, 2020, which were subjected to a limited review by the Statutory Auditors. IPL Franchise Fees 247800000.00 Other Expenses 1142000000.00