SUNTV2022-01-012022-03-31in-bse-fin:OneOperatingExpenses01Member SUNTV2022-01-012022-03-31in-bse-fin:FourOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares SUNTV 2021-04-01 2022-03-31 2022-05-20 INR Crores Yearly true Cash Flow Indirect Single segment Media and Entertainment 2022-01-01 2022-03-31 Audited Consolidated 8568500000.00 559500000.00 9128000000.00 1476100000.00 0.00 0.00 716600000.00 45000000.00 696300000.00 736900000.00 3670900000.00 5457100000.00 0.00 5457100000.00 921700000.00 480100000.00 1401800000.00 0.00 4055300000.00 0.00 0.00 0.00 46400000.00 4101700000.00 20600000.00 4122300000.00 4101600000.00 100000.00 20200000.00 400000.00 1970400000.00 5 10.41 10.41 0.00 0.00 10.41 10.41 3. The above Consolidated financial results for the quarter and year ended March 31, 2022 have been reviewed by the Audit Committee and approved by the Board in their meeting held on May 27, 2022. The above results have been reviewed by the statutory auditors, Deloitte Haskins & Sells LLP who have expressed an unmodified opinion on the same. 4. Based on internal reporting provided to the Chief Operating Decision Maker, “Media and Entertainment” is the only reportable segment for the Group. 5. During the year ended March 31, 2022, the Board of Directors declared an interim dividend of Rs.3.75 per share (75%), Rs.2.50 per share (50%), Rs.2.50 per share (50%) and Rs. 5.00 per share (100%) at their respective Board meeting held on August 13, 2021, November 5, 2021, February 10, 2022 and March 7, 2022. 6. The results for the quarter and year ended March 31, 2022 includes income from the Company's IPL franchise SunRisers Hyderabad for season 2022 (partial) of Rs.28.94 crores and Rs.262.42 crores respectively (Quarter and year ended March 31, 2021 Rs.0.12 crores and Rs.254.60 crores respectively) and corresponding costs of Rs.15.45 crores and Rs.164.43 crores respectively (Quarter and year ended March 31, 2021 of Rs.0.28 crores and Rs.161.81 crores respectively). 7.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.60.08 crores and Rs.213.55 crores respectively for the quarter and year ended March 31, 2022 and the Profit before tax is higher by Rs.60.08 crores and Rs.213.55 crores respectively and Profit after tax / Total Comprehensive Income is higher by Rs. 44.96 crores and Rs.159.80 crores respectively for the quarter and year ended March 31, 2022. 8. The outbreak of COVID -19 pandemic and consequent lock down has impacted the regular business operations of the Group. The results for the quarter and year ended March 31, 2022 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 March 31, 2022 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. 9. Finance costs include interest on income tax of Rs.1.63 crores and Rs.24.21 for the quarter ended March 31, 2022 and for the year ended March 31, 2022, respectively. 10.The figures for the quarters ended March 31, 2022 and March 31, 2021 are the balancing figures between the audited figures for the years ended March 31, 2022 and March 31, 2021 and the unaudited year-to-date figures for the nine months ended December 31, 2021 and December 31, 2020, respectively, which were subject to limited review by the Statutory Auditors. Single segment 2021-04-01 2022-03-31 Audited Consolidated 35848200000.00 2559700000.00 38407900000.00 6109300000.00 0.00 0.00 2939900000.00 332500000.00 3061200000.00 3924200000.00 16367100000.00 22040800000.00 0.00 22040800000.00 4889000000.00 645600000.00 5534600000.00 0.00 16506200000.00 0.00 0.00 0.00 -87100000.00 16419100000.00 15600000.00 16434700000.00 16418000000.00 1100000.00 15300000.00 300000.00 1970400000.00 5 79581600000.00 41.66 41.66 0.00 0.00 41.66 41.66 Other Expenses 736900000.00 Other Expenses 3924200000.00 0.00 0.00 -789000000.00 0.00 -301100000.00 0.00 0.00 0.00 0.00 550600000.00 0.00 0.00 0.00 3061300000.00 566900000.00 -8300000.00 0.00 0.00 0.00 -44300000.00 0.00 0.00 0.00 259400000.00 0.00 0.00 0.00 -22400000.00 0.00 3273100000.00 25313900000.00 -1166600000.00 -332500000.00 -1195700000.00 6947400000.00 0.00 16336700000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3600000.00 11300400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 17641000000.00 18483000000.00 0.00 0.00 0.00 0.00 1166600000.00 1097600000.00 0.00 0.00 0.00 -9874600000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3200000000.00 3200000000.00 0.00 363700000.00 5418700000.00 244900000.00 0.00 0.00 -6027300000.00 434800000.00 8900000.00 443700000.00 4688700000.00 5132400000.00