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Dish TV Adds 0.22M Subscribers; Loss Of Rs 38.2 Cr In Q3-FY14

Direct to Home television services operator, Dish TV‘s subscriber growth rate seems to be have marginally picked up: it added 0.22 million subscriber additions in the quarter ending December 31, 2013 (Q3-FY14), up from 0.18 million new users in previous quarter, but down from 0.83 million subscribers it added in the same quarter last year. The net subscriber base now stands at 11.2 million. The company reported a net loss of Rs 38.2 crore compared to Rs 44.9 crore in the corresponding quarter last fiscal, but up from Rs 16 crore is reported last quarter. Highlights - Subscriber Acquisition Cost (SAC) for Q3 was Rs. 1,889, up from Rs 1,849 in Q2, but it has reduced drastically from Rs 2,201 in Q3-FY13. - Average Revenue Per User: The average revenue per user (ARPU) for Dish TV increased marginally to Rs 166 from Rs 165 in the previous quarter. - Subscription revenues was Rs. 552.9 crore, a growth of 11.9% as compared to the corresponding quarter last fiscal and up from Rs 537 crore in the last quarter. - Its EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) EBITDA for the quarter was Rs 135.5 crore up from Rs 147.9 crore in the previous quarter. EBITDA margin was at 22.1% down from 25% from previous quarter. - Churn maintained at 0.6% Dish TV has rolled out ‘On Request Ala-carte’ (ORA) scheme on its platform this quarter. Jawahar Goel, Managing Director, Dish TV said that an unjustified increase in payment for content can jeopardize the existence of DTH in the country. "With DTH continuing to contribute bulk of the subscription…

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