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Dish TV adds 0.39M subscribers in Q1-FY16 ; Net profit at 54.2 crore

India's largest direct to home television services operator Dish TV added 0.39 million net subscribers for the quarter ended June 30, 2014, a shade below the 0.40 million additions in the preceding quarter, but above the 0.33 million net additions in the same quarter last year. This takes up Dish TV's total number of subscribers to 13.3 million. Note in April this quarter, Dish TV recently transferred its non-core business (including set-top boxes, dish antenna and related services) to its wholly owned subsidiary Dish Infra Services Private Limited (formerly known as Xingmedia Distribution Private Limited) on April 1, 2015. The company reported its maiden consolidated quarterly numbers. Financials Dish TV reported an operating revenue of Rs 736.7 crore for the quarter, up 19.2% from Rs 618 crore in the same quarter last year, and up 0.9% from Rs 729.9 crore in the preceding. The net profit was at Rs 54.2 crore for the quarter, a huge improvement from Rs 34.9 crore in the previous quarter and Rs 15 crore loss in the same quarter last year. The EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) for the quarter was at Rs 236.8 crore for the quarter, up 7.2% from Rs 220.9 crore in the previous quarter. EBITDA margin was higher at 32.1 % from 29.4% in the previous quarter. Highlights – Average Revenue Per User: Post consolidation, the average revenue per user (ARPU) for Dish TV increased to Rs 173 from Rs 172 in Q4 FY15. ARPU however would have been Rs. 180, as compared to Rs. 179 in Q4 FY15, without the effect of consolidation. –…

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