Sanjeev
Core Member
MUMBAI: Tata Sky, a leading direct-to-home (DTH) operator in India, has narrowed its net loss in the fiscal ended 31 March 2014 while EBITDA has seen a strong growth. Tata Sky’s annual report shows that its net loss stood at Rs 280.41 crore (Rs 2.80 billion) in FY14 compared to Rs 378.93 crore (Rs 3.79 billion) a year ago. Profit (before depreciation, finance, tax and prior period items) jumped 115.45 per cent to Rs 591.28 crore (Rs 5.91 billion), as against Rs 274.44 crore (Rs 2.74 billion) in FY13. Tata Sky’s total income grew 32.36 per cent to Rs 3040.01 crore (Rs 30.40 billion), up from Rs 2,296.82 crore (Rs 22.97 billion) in the year-ago period.
The activation and installation revenue was at Rs 413.01 crore (Rs 4.13 billion), and subscription and service revenue stood at Rs 2,608.81 crore (Rs 26.09 billion). In the year-ago period, activation and installation revenue was at Rs 294.08 crore (Rs 2.94 billion), while subscription and service revenue was at Rs 1,990.59 crore (Rs 19.91 billion). Total expenses stood at Rs 2,448.73 crore (Rs 24.49 billion), compared to Rs 2022.38 crore (Rs 20.22 billion) incurred in FY13.
Subscriber base in FY14
Tata Sky reported an active subscriber base of 7.8 million, as of 31 March 2014. It converted nearly 2.5 million MPEG2 boxes to MPEG4 to release additional capacity and launch in excess of 50 channels during the year. It is gearing up to build a robust infrastructure to capture market share in yet-to-digitise geographies with a primary focus on rural and cable dominant areas, the company said in its annual report. Recharge stocking towns almost doubled from 24,000 to 45,000 and recharge terminals by 26 per cent to 168,000 during the fiscal.
Tata Sky scaled up its channel offerings to subscribers from 256 to 311 during the year with a focus on HD content. The number of HD channels was ramped up from 13 to 25 by the end of March 2014. It also designed an internal audience measurement system to track viewership data of its subscribers to enable better marketing campaigns, content deal evaluation, etc. During the fiscal, Tata Sky re-launched its services in Kerala with 19 Malayalam channels which resulted in the market share going up from 1 per cent to 24 per cent.
ARPU
Tata Sky’s base prices of all packs were increased by approximately Rs 20 in line with competition offerings at the start of FY14. “Many upselling efforts were made during the year and they helped increase the ARPU by Rs 30,” the company said in its annual report. Tata Sky’s accumulated loss on the balance sheet as of 31 March 2014 stood at Rs 4,962.55 crore (Rs 49.62 billion). In FY14, the company has written off an amount of Rs 1,500 crore against the securities premium account.
Read more at: http://www.televisionpost.com/dth/tata-sky-narrows-fy14-net-loss-to-rs-280-cr/ | TelevisionPost.com
The activation and installation revenue was at Rs 413.01 crore (Rs 4.13 billion), and subscription and service revenue stood at Rs 2,608.81 crore (Rs 26.09 billion). In the year-ago period, activation and installation revenue was at Rs 294.08 crore (Rs 2.94 billion), while subscription and service revenue was at Rs 1,990.59 crore (Rs 19.91 billion). Total expenses stood at Rs 2,448.73 crore (Rs 24.49 billion), compared to Rs 2022.38 crore (Rs 20.22 billion) incurred in FY13.
Subscriber base in FY14
Tata Sky reported an active subscriber base of 7.8 million, as of 31 March 2014. It converted nearly 2.5 million MPEG2 boxes to MPEG4 to release additional capacity and launch in excess of 50 channels during the year. It is gearing up to build a robust infrastructure to capture market share in yet-to-digitise geographies with a primary focus on rural and cable dominant areas, the company said in its annual report. Recharge stocking towns almost doubled from 24,000 to 45,000 and recharge terminals by 26 per cent to 168,000 during the fiscal.
Tata Sky scaled up its channel offerings to subscribers from 256 to 311 during the year with a focus on HD content. The number of HD channels was ramped up from 13 to 25 by the end of March 2014. It also designed an internal audience measurement system to track viewership data of its subscribers to enable better marketing campaigns, content deal evaluation, etc. During the fiscal, Tata Sky re-launched its services in Kerala with 19 Malayalam channels which resulted in the market share going up from 1 per cent to 24 per cent.
ARPU
Tata Sky’s base prices of all packs were increased by approximately Rs 20 in line with competition offerings at the start of FY14. “Many upselling efforts were made during the year and they helped increase the ARPU by Rs 30,” the company said in its annual report. Tata Sky’s accumulated loss on the balance sheet as of 31 March 2014 stood at Rs 4,962.55 crore (Rs 49.62 billion). In FY14, the company has written off an amount of Rs 1,500 crore against the securities premium account.
Read more at: http://www.televisionpost.com/dth/tata-sky-narrows-fy14-net-loss-to-rs-280-cr/ | TelevisionPost.com
