wordpress blog stats
Connect with us

Hi, what are you looking for?

, ,

Dish TV adds 0.33M subscribers in Q1-FY15; Revenue up 10.8% YoY to Rs 640.7 Cr

DishTV Logo

The subscriber growth rate of the direct to Home television services operator Dish TV seems to be improving, albeit marginally: It added 0.332 million net subscribers for the quarter ended June 30, 2014 (Q1-FY15), up from 0.226 million additions in previous quarter and 0.2 million additions in the same quarter last year. 

The net subscriber base now stands at 11.7 million for the quarter, up from 11.4 million subscribers in the previous quarter. The company hadn’t disclosed its net subscribers in Q1-FY14.


– Average Revenue Per User: The average revenue per user (ARPU) for Dish TV remained flat sequentially at Rs 170 for the quarter. It increased by 3% year-on-year (YoY) from Rs 165 in Q1-FY14.

– The subscription revenues for the quarter was at Rs 588.6 crore, up 11.5% from Rs 528 crore revenues in the same quarter last year.

Advertisement. Scroll to continue reading.

Churn increased to 0.7% for the quarter, after remaining at 0.6% for the preceding two quarters.

– During the quarter, Dish TV expanded its sub-brand Zing which focuses on vernacular content and caters to the Phase 3 & 4 digitization markets. Zing is now available across Odisha, West Bengal, Tripura, parts of Assam and most parts of Maharashtra.

– Dish TV hiked the prices of its middle and top level packs by 5-7% from the first week of June. Dish TV managing director Jawahar Goel mentioned that this hike was in line with the company’s objective of growth with profitability.

– Goel mentions that there has been efforts to implement last mile billing by the MSO’s, but a full-fledged rollout is needed to witness a jump in ARPUs across the category.

DTH License renewal: Goel hopes that its license renewal issue is also resolved early in the industry’s favour. Note that Dish TV’s DTH license was valid up to September 30, 2013. The company had however mentioned in the previous quarter that it had approached relevant authorities before the expiry date, who had extended the license validity for an interim time until the final policy for the renewal of DTH license is laid down by the government.


Advertisement. Scroll to continue reading.

Dish TV reported an operating revenue of Rs 640.7 crore for the quarter, nearly flat from Rs 636.9 crore in the previous quarter, and up 10.8% YoY.

The net loss also significantly declined to Rs 16 crore for the quarter, down from Rs 149 crore loss in the previous quarter and Rs 30.6 crore loss in the same quarter last year. It’s worth noting that the previous quarter loss includes a prior period adjustment of Rs 116.4 crore on account of one-time advance contribution towards CPEs (Consumer Premises Equipment or essentially set top boxes) in the form of rentals and activation. Without this adjustment, the company would’ve reported a loss of Rs 32.6 crore, which is still higher.

The EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) for the quarter was at Rs 157.1 crore, up 29.1% YoY while the EBITDA margin was at 24.5% for the quarter.

Download: Press Release | Financials

Advertisement. Scroll to continue reading.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



The Delhi High Court should quash the government's order to block Tanul Thakur's website in light of the Shreya Singhal verdict by the Supreme...


Releasing the policy is akin to putting the proverbial 'cart before the horse'.


The industry's growth is being weighed down by taxation and legal uncertainty.


Due to the scale of regulatory and technical challenges, transparency reporting under the IT Rules has gotten off to a rocky start.


Here are possible reasons why Indians are not generating significant IAP revenues despite our download share crossing 30%.

You May Also Like


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

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

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ