Earnings earlier than curiosity, taxes, depreciation, and amortisation (EBITDA) stood at ₹617 crore, down 13% from ₹706 crore in the identical quarter final yr. Revenue after tax declined 3% to ₹529 crore, in comparison with ₹547 crore in Q1 FY25.
Whole revenues for the quarter had been ₹1,257 crore, in comparison with ₹1,276 crore within the year-ago interval, reflecting a 1.5% year-on-year lower.
Promoting revenues dropped 11% year-on-year to ₹290 crore, from ₹324 crore in the identical interval final yr. TV advert revenues have been beneath stress as a consequence of prevailing macroeconomic challenges and conservative promoting budgets from purchasers.
Nevertheless, home subscription revenues continued to develop, rising 10% to ₹470 crore, up from ₹426 crore in Q1 FY25, regardless of the migration of pay-TV subscribers to video streaming.
The board of administrators has declared an interim dividend of ₹5 per share (100%) on a face worth of ₹5, reinforcing Solar TV’s monitor file of constant shareholder payouts.Solar TV Community is considered one of India’s largest broadcasters, working satellite tv for pc tv channels throughout seven languages: Tamil, Telugu, Kannada, Malayalam, Bangla, Marathi and Hindi. It additionally runs a nationwide community of FM radio stations.Along with its conventional media presence, the corporate has expanded its footprint in sports activities and digital leisure. It owns the Indian Premier League franchise SunRisers Hyderabad and SunRisers Japanese Cape, a workforce in Cricket South Africa’s T20 League. It additionally operates Solar NXT, its over-the-top (OTT) streaming platform.
The outcomes for the quarter ended June 30, 2025, embody revenue of ₹473 crore from the corporate’s cricket franchises, in comparison with ₹497 crore in the identical interval final yr, marking a 4.8% year-on-year decline.
Corresponding prices for the quarter stood at ₹256 crore, up from ₹236 crore in Q1 FY25, reflecting an 8.5% improve in working bills associated to the franchises.
The corporate additionally disclosed that an distinctive merchandise recorded throughout the quarter and the total yr ended March 31, 2025, pertains to a provision for impairment in its funding in a three way partnership.
The impairment was recognised because of the recoverable quantity falling under the carrying quantity, pushed by the three way partnership’s operational efficiency and prevailing financial and market indicators.
In a major improvement following the quarter, Solar TV Community has signed a Share Buy Settlement with the England and Wales Cricket Board to amass a 100% fairness stake in Northern Superchargers, an organization registered in London, United Kingdom.
The acquisition is valued at £100.5 million and marks Solar TV’s entry into The Hundred, England’s skilled 100-ball cricket competitors.
