DTH operator Dish TV has reported a net loss of Rs. 44.3 crore, 42% lower than the Rs 76.2 crore reported for the corresponding quarter last year. EBITDA increased to Rs. 68.4 crore, up 484%% for the same period.
The Essel (Zee) group company reported revenues of Rs. 374.9 crore for the quarter ended December 31st 2010 (Q3-11), a year on year increase of 34.5% growth. Dish TV said that it added 1.1 million subscribers during the quarter; its gross subscriber base was 9.4 million during the quarter, doubling growth over last year. Subscriber churn for the company remained constant at 0.9% per month. The company claims to be the largest DTH player in terms of market share, and has reported a 25% incremental marketshare in a six DTH operator market in India.
Download: Financials | Press Release
ARPU for the company increased to Rs. 142 from Rs 135, a 5% Year-on-Year increase which led to a 45% growth in subscription revenues which stands at Rs 309.1 crores. According to the company, increased traction in the middle level subscription packs over base packs resulted in this growth. Subscriber Acquisition Cost (SAC) for Dish TV increased marginally to Rs. 2,142, compared with Rs. 2,083 in the preceding quarter, due to higher selling and distribution expenses.
Dish TV has increased transponder capacity to increase its offerings in the high definition bouquet and generate higher revenues. It has also signed a long term contract for additional transponders on Asiasat with ‘Antriksh’, increasing the total transmission bandwidth to 648Mhz. This increases Dish TV’s standard definition channel capacity to 320 and high definition capacity to over 30.
Related:
–Dish TV To Raise $200 M; Q2-11 ARPU Stable, Net Loss Down
– Dish TV Inks Deal With Quasar For DTH Advertising
– Dish TV Revenue At Rs. 3043M; Net Loss Up 5.7% QoQ; ARPU Up To Rs. 139
