Sun TV Network Q1 net profit dips amid ad revenue decline
TV broadcaster Sun TV Network reported a marginal decline in its consolidated revenue and profit for the quarter ended June 30, as advertising income remained under pressure amid cautious spending by advertisers. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at ₹617 crore, down 13% from ₹706 crore in the same quarter last year. … Read more