Dish TV reports net loss of Rs.43.6 cr in Q4

IndianMascot

Core Member
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Dish TV India Ltd, the direct-to-home (DTH) satellite television distributor run by Zee Entertainment Enterprises Ltd, said on Thursday that net loss narrowed to Rs.43.6 crore in the quarter ended 31 March from Rs.49 crore in the year-ago period.

Revenue rose 7.6% to Rs.555.4 crore from Rs.516.44 crore a year earlier.

The DTH provider also added 0.2 million net subscribers in the quarter, taking its customer base to 10.7 million.
“Fiscal 2013 saw most players in the Indian DTH industry evolve to the next level. Under Dish TV’s leadership, the industry pulled off a significant increase in the acquisition price over the last several months thereby reducing the effective cash burn per subscriber. While the resultant decline in industry gross additions is marginal, it is expected to be well compensated by quality of subscribers,” managing director Jawahar Goel said in a statement.

The subscriber acquisition cost (SAC) was lower at Rs.1,996 compared with Rs.2,201 in the immediately preceding quarter. Dish TV’s average revenue per user for the three months was Rs.157, compared with Rs.160 in the December quarter.


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sunnysep1

EntMnt Riser
Finest Member
this is also a cyclical sector if you look at the earning for last 5 years dish tv since inception has given negative 52% return.....from it's peak price ...... if you consider from 11.75 which was stock low in year 2008 it has given investors a return of to 447 %.. considering today's price ....of 68.....the stock is fundamentally strong just as retail sector stock which is awaiting for a buy out DTH industry will soon see international tie up ... and s spur in the price will be inevitable ... it's a good stock to hold in one's portfolio .....
 
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