wordpress blog stats
Connect with us

Hi, what are you looking for?

Dish TV Q1-FY13: Adds 504,000 Subscribers, Rs 519.9 Cr Revenues

Dish TV, the Direct to Home television services operator, has reported operating revenues of Rs 519.9 crore for the quarter ended June 3o, 2012, up by 12.9% from the corresponding quarter last fiscal. The EBITDA for the quarter stood at Rs. 155.6 crore, a significant 38.7% increase from the same quarter last year. EBITDA margin for the quarter stood at 29.9%.

The net loss for the quarter was Rs. 32.32 crore, down from Rs 49 crore loss reported in the previous quarter. The loss was adversely impacted by foreign exchange loss of Rs. 13.8 crore.


Dish TV informed that it has added 504,000 new subscribers in the quarter ended June 30th, 2012, taking the total number of gross subscribers to 13.4 million subscribers and net subscribers to 9.8 million.

Subscriber Acquisition Cost (SAC) stood at Rs. 2,145, up from Rs 2,127 in the last quarter.

Average Revenue Per User: The annual average revenue per user (ARPU) for DishTV stood at Rs 156, an increase compared to Rs 151 in the previous quarter. This was due to the price hikes taken in the previous quarter.

Subscription revenues for the quarter was at Rs. 455.6 crore, a growth of 16.2% compared to the same quarter last year.

HD additions: Dish TV garnered a 25% incremental share of HD additions during the quarter.

According to Jawahar Goel, MD of the company, the first quarter witnessed a partial comeback post the sluggishness before it. However, enhanced consumer demand owing to digitization was yet to fully reflect in acquisition numbers. He mentioned that Dish TV recently initiated a price hike at the entry level as well as across standard definition packs. “While some restrain in customer demand in the short term cannot be ruled out, the net impact going forward is going to be ARPU accretive. Moreover, with digitization around the corner, subscription revenues are expected to increase as viewers sample better content on their television. The government, at its end, has been sending firm signals to the industry that there would be no further extension of the deadline,” he added.

Talking about the company’s performance in the quarter, he informed that churn sustained its downward movement, closing at 1% per month. “Efficiencies at the cost front helped enhance operating margins despite normalized lease rentals flattening the top-line growth. Enhanced offer fee, coupled with higher number of subscriber adds sequentially, maintained subscriber acquisition cost largely in line with the previous quarter.”

Subhash Chandra, Chairman of the company mentioned that the postponement of the digitalisation deadline came as a negative surprise but the company hopes that the October 30th timeline will be adhered to. He said that the company remains well prepared for the digitization run with its ground infrastructure and ability to seed set top boxes within a short turnaround time.

DownloadPress Release | Financials

Dish TV Q4-FY12: Adds 415,000 Subscribers, Rs 524.7 Cr Revenues
– Dish TV Q3-FY12 Results: Adds 740,000 Subscribers; ARPU At Rs 152

You May Also Like


Kotak Mahindra Bank reported a net profit of ₹1,853.5 crore for the third quarter of the current financial, up by 16% year-on-year from ₹1,944...


Yes Bank Ltd posted a net profit of ₹151 crore during the third quarter of the current financial year compared to a net loss...


Key takeaways Network18’s digital news revenue increased by 50% YoY for the second consecutive quarter Consolidated Net Profits grew 125% YoY Network18 Digital saw...


Netflix’s two day StreamFest in December 2020—where users in India could practically watch Netflix’s entire catalogue for free—brought millions of users to the service,...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to Daily Newsletter

    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ