Sun TV Announces Q2 Results

Sun TV Network Ltd has announced the following Unaudited Results for the quarter ended September 30, 2007:The Company has posted a profit after taxes of Rs 801.60 million for the quarter ended September 30, 2007 where as the same was at Rs 479.60 million for the quarter ended September 30, 2006. Total Income is Rs 2087.60 million for the quarter ended September 30, 2007 where as the same was at Rs 1059.00 million for the quarter ended September 30, 2006.The petition for amalgamation of the erstwhile GTPL and the Satellite Television business of UTPL was sanctioned by the Honble High Court of Judicature at Madras, on March 29, 2007, with an appointed dale of April 01, 2006. Accordingly, the financial results for the quarter ended September 30, 2007 and year ended March 31, 2007 include the results of GTPL and the Demerged Undertaking of UTPL and are therefore, not comparable with corresponding quarter and half year of the previous year, which does not include the figures of erstwhile GTPL and the Demerged Undertaking of UTPL, Previous periods / years figures have been regrouped / reclassified wherever necessary to conform to current periods classification.