News Dish TV is first Indian DTH firm to turn profitable at net level

[Deepu]

For the first time, Dish TV has posted a net profit for the full-fiscal ended 31 March 2015.

Here are the highlights:

Net profit stood at Rs 3.1 crore (Rs 31 million) in FY15.

EBITDA stood at Rs 733.1 crore (Rs 7.33 billion), a 17.5 per cent jump over the year-ago period.

Dish TV added 1.5 million net subscribers during the fiscal. In the fourth quarter itself, subscriber addition stood at 404,000.

Net subscriber base stood at 12.9 million.

Operating revenue for the fiscal stood at Rs 2,781.6 crore (Rs 27.82 billion).

ARPU for the fourth quarter was at Rs 172.

Monthly churn maintained at 0.7 per cent.

Read more at: http://www.televisionpost.com/dth/dish-tv-posts-full-fiscal-net-profit-for-first-time/ | TelevisionPost.com

 

[DashMajor]

Dish TV India shares rose over 12 per cent to Rs 95.45 after the announcement of Q4 results. For the quarter ended March 2015, the company posted net profit of Rs 35.01 crore against net loss of Rs 149.05 crore in the corresponding quarter a year ago.

Total income from operations rose 18.5 per cent year-on-year (yoy) to Rs 754.72 crore in the last quarter of previous financial year.

During January-March period, total expenses of Dish TV jumped 4.68 per cent y-o-y to Rs 687.83 crore against Rs 657.05 crore in the corresponding quarter a year ago.

Net profit margin and operating profit margin improved to 4.64 per cent and 31.21 per cent for the quarter ended March 2015 against 23.40 per cent and 5.13 per cent in the same quarter a year ago.

Dish TV India shares rise over 12% on Q4 earnings - Business Today- Business News

 

[DashMajor]

dishtv's ARPU still stand for 172

 

[Vadirocks]

Nice Update Bro!

 

[NinadG]

Now we can think of investing in Dishtv shares.....

 

[Deepu]

After a decade of operations, Dish TV has turned profitable at the net level for both the financial year and the quarter ended 31 March 2015. In fact, it has become the first Indian direct-to-home (DTH) operator to achieve this landmark. Dish TV posted a net profit of Rs 3.1 crore (Rs 31 million) for the fiscal, as against a net loss of Rs 157.6 crore (Rs 1.58 billion) in the year-ago period. On turning profitable, Dish TV chairman Subhash Chandra said, “I congratulate the entire team at Dish TV on withstanding all odds and putting up a strong show against its worthy competitors in the Indian pay DTH sector. The team has delivered on a difficult mandate of growth with profitability, something that I believe is essential for any commerce to be sustainable. Through this milestone to the next and thereafter, Dish TV remains committed to outperform the industry growth rate and create shareholder value while continuing to entertain its subscribers with rich content and compelling value-added services using updated modes of delivery.”

Read more at: http://www.televisionpost.com/dth/dish-tv-is-first-indian-dth-firm-to-turn-profitable-at-net-level/ | TelevisionPost.com

 

[DashMajor]

First listed DTH to post profit

Congratulations to entire dishtv Team

 

[Devesh]

Only they earned 3 crore?

btw congrats to all dishtv team

 

[Deepu]

Only they earned 3 crore?

btw congrats to all dishtv team

3 Crore is the profit. Their revenue is 2,781.6 crore for last 1 year

 

[IndianMascot]

Brilliant. Finally they started making profit after breakeven.