Sun TV Network Ltd announced an interim dividend of ₹2.5 per share for the financial year 2025-26 on Friday, March 6, 2026. According to the company's exchange filing, the Board of Directors approved and declared this dividend at their meeting held on March 6, 2026. The dividend represents 50% of the face value of each equity share of ₹5 each, as reported by CNBC TV18. The company has also approved sub-division of equity shares from face value of ₹10 each to face value of ₹2 each to enhance liquidity and accessibility for retail investors.
The company has fixed March 11, 2026 as the record date for the interim dividend. As reported by CNBC TV18, the payment will be made within 30 days from the date of declaration as per the provisions of the Companies Act, 2013. This timeline ensures shareholders who hold shares on or before the record date will be eligible to receive the dividend payment. The company has also approved the extension of the term of Ved Prakash as Executive Vice President & Head – Internal Audit for a period of four months, from March 1, 2026 to June 30, 2026 to strengthen internal governance.
Sun TV Network shares ended at ₹597.65, up by ₹2.45 or 0.41% on the BSE on Friday, March 6, 2026, according to CNBC TV18 reports. The stock's market capitalisation stood at ₹23,491.38 crore at the close of trading. The scrip has experienced mixed performance with a 7.96% decline in the past week, but has shown positive momentum with an 11% rise over the month and 1.52% gain on a year-to-date basis. The stock has traded within a significant range over the past year, hitting a 52-week high of ₹691.40 on April 15, 2025, as reported by Upstox, and touching a year's low of ₹480.20 apiece on January 23, 2026.
Sun TV Network reported mixed financial results for the quarter ended December 31, 2025. The company posted a net profit of ₹324 crore for Q3, down 10.7% from ₹363 crore in the same quarter last year, as reported by CNBC TV18. However, revenue grew 4% year-on-year to ₹862 crore from ₹828 crore. EBITDA declined 5.6% to ₹419.6 crore compared with ₹444.5 crore a year ago, while EBITDA margin moderated to 48.7% from 53.7% in the year-ago period. Total income stood at ₹958.39 crore for the quarter, up 3.31% from ₹927.66 crore in the same period last year.
The dividend announcement comes amid broader market volatility, with Indian benchmark indices ending lower in a volatile session on March 6, with the Sensex falling 1,097 points or 1.37% to 78,918.90 and the Nifty declining 315.45 points or 1.27% to 24,450.45. According to market reports, financial stocks dragged the market lower, with ICICI Bank declining nearly 3% to emerge as the biggest Nifty loser, while defence stocks rallied nearly 3% led by Bharat Electronics. The Capital Goods index rose 1.3% and Power index gained 0.4%, indicating selective strength in certain sectors despite overall market weakness. Market breadth was slightly positive with 1,955 shares advancing against 1,842 declines, suggesting selective buying interest despite the broader decline.
