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Dish TV adds 0.338M subscribers in Q2-FY16; Net profit at Rs 87 Cr

India's largest direct to home television services operator Dish TV added 0.338 million net subscribers for the quarter ended September 30, 2015. The company had 0.39 million additions in the preceding quarter, and the net additions in the same quarter last year stood at 0.38 million. This takes up Dish TV's total number of subscribers to 13.7 million. Note that in April, 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. Financials Dish TV reported an operating revenue of Rs 752.4 crore for the quarter, up 15.8% from Rs 649.9 crore in the same quarter last year, and up 2.1% from Rs 736.7 crore in the preceding. The net profit was at Rs 87 crore for the quarter, a huge improvement from Rs 55.3 crore in the previous quarter and Rs 13.3 crore loss in the same quarter last year. The EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) for the quarter was at Rs 255 crore for the quarter, up 7.7% from Rs 236.8 crore in the previous quarter. EBITDA margin was higher at 33.9% from 32.1% in the previous quarter. Highlights – Average Revenue Per User: DishTV reported an ARPU of Rs 171. In the preceding quarter ARPU stood at Rs 173 and Rs 166 in the same quarter last year. – Dish TV's DTH segment reported revenues of Rs 639.79 crore and the infra support services…

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