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Sun TV Network posted a net profit of Rs 187.62 crore for the quarter ended June 30, 2011. This represents a growth of 9.74 per cent over Rs 170.95 crore registered in the comparable previous year quarter. The turnover grew 4.3 per cent at Rs 471.28 crore (Rs 451.72 crore).
According to a release from the company, the growth in the revenues has been largely a function of the sustained advertising growth and subscription revenue contributed through a well-diversified mix of clients. The board of directors has declared an interim dividend of Rs 2.50 a share (of Rs 5).
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