Sun TV Q1 profit marginally rises to Rs 165.64 cr

Sun TV on Friday reported a marginal increase in its net profit at Rs 165.64 crore for the first quarter ended June 30, 2014.

The company had reported a net profit of Rs 164.44 crore for the April-June quarter of the last year.

Income from operations of the Kalanidhi Maran-owned Sun TV Network in the quarter under review increased 5.27 per cent to Rs 633.58 crore as against Rs 601.85 crore in the corresponding quarter last year, the company said in a BSE filing.

Shares of the Chennai-based television broadcaster on Friday closed at Rs 419.95 per scrip, down 0.49 per cent from the previous day's close on the BSE.