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News |  20 Jan 2010 17:57 |  By RnMTeam

Kal Radio, South Asia FM revenues rise in Q3

MUMBAI: The total revenues of Sun Network's radio subsidiaries - Kal Radio and South Asia FM Limited increased by 58 per cent to Rs 389.4 million in the quarter just ended, in comparison with the revenues for the previous nine months ended 31 December 2008, with Kal Radio turning EBITDA positive.

In the third quarter ending 31 December, Sun TV reported a growth of net profit from to Rs 1519. million from Rs 1122 million in the same quarter last year. Total income increased to Rs 4034.3 million from Rs 2852.7 million in the corresponding quarter last year. The company recommended an interim dividend of 30 percent or Rs.1.50 per share for the current fiscal.

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