Sun Direct TV FY11 net up 48 pc at Rs 769.76 crore
Chennai-based direct-to-home service provider Sun Direct TV today posted a 48 per cent jump in its consolidated net profit to Rs 769.76 crore for year ended March 31, 2011 as compared to the same period previous fiscal.
By PTI |
NEW DELHI: Chennai-based direct-to-home service provider Sun Direct TV today posted a 48 per cent jump in its consolidated net profit to Rs 769.76 crore for year ended March 31, 2011 as compared to the same period previous fiscal.
The company had a net profit of Rs 519.90 crore in the year ended March 31, 2010, Sun Direct TV Network said in a filing to the Bombay Stock Exchange.
Besides, the company's board of directors have recommended a final dividend of 75 per cent at Rs 3.75 per share of Rs 5 each. This is in addition to the interim dividend of 100 per cent, which Rs 5 per share of Rs 5 each announced on January 28, 2011.
During the year, the company's consolidated income stood at Rs 2,013.46 crore, a 39 per cent increase from Rs 1,452.84 crore posted in the previous fiscal.
On a standalone basis, the firm posted a 36 per cent increase in its net profit to Rs 772.22 crore in the year ended March 31, 2011. In the previous fiscal, it had a net profit of Rs 567.38 crore.
Sun Direct TV Network's standalone net income stood at Rs 1,923.71 crore, a 38 per cent up from Rs 1,395.01 crore in the year ended March 31, 2010.
Shares of Sun Direct TV Network today closed at Rs 380.25 on the BSE, down 1.93 per cent from the previous close.
The company had a net profit of Rs 519.90 crore in the year ended March 31, 2010, Sun Direct TV Network said in a filing to the Bombay Stock Exchange.
Besides, the company's board of directors have recommended a final dividend of 75 per cent at Rs 3.75 per share of Rs 5 each. This is in addition to the interim dividend of 100 per cent, which Rs 5 per share of Rs 5 each announced on January 28, 2011.
During the year, the company's consolidated income stood at Rs 2,013.46 crore, a 39 per cent increase from Rs 1,452.84 crore posted in the previous fiscal.
On a standalone basis, the firm posted a 36 per cent increase in its net profit to Rs 772.22 crore in the year ended March 31, 2011. In the previous fiscal, it had a net profit of Rs 567.38 crore.
Sun Direct TV Network's standalone net income stood at Rs 1,923.71 crore, a 38 per cent up from Rs 1,395.01 crore in the year ended March 31, 2010.
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Shares of Sun Direct TV Network today closed at Rs 380.25 on the BSE, down 1.93 per cent from the previous close.
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