News Videocon d2h adds 0.2 mn net subs in Q2 FY16, operating profit at Rs 191 cr

Deepu

EntMnt Legend
Finest Member
Videocon d2h has added 0.2 million net subscribers in the second quarter of the fiscal, as against 0.46 million in the first quarter of the financial year 2015–16.

The direct-to-home (DTH) operator’s average revenue per subscriber (ARPU) has remained flat at Rs 205, compared to the first quarter of the fiscal. However, compared to the corresponding quarter of previous fiscal, it has expanded by 7.9 per cent.

The Nasdaq-listed company, which is targeting higher subscriber additions in the second half of the fiscal due to the 31 December 2015 deadline of the Phase III of digital addressable system (DAS), has posted an operating profit (adjusted EBITDA) of Rs 191.2 crore (Rs 1.91 billion) for the quarter ended 30 September 2015.

The company has added 0.2 million net subscribers (0.57 million gross) during the quarter, taking its net subscriber base to 10.84 million as of 30 September. The gross base is at 14.27 million subscribers.

Read more at: http://www.televisionpost.com/dth/videocon-d2h-adds-0-2-mn-net-subs-in-q2-fy16-operating-profit-at-rs-191-cr/ | TelevisionPost.com
 

Deepu

EntMnt Legend
Finest Member
During the quarter, we focused on enhancing our channel offering and added 14 standard definition and four high definition channels. We have recently launched two proprietary services, namely d2h Hollywood HD and Darshan.

Looks like they added D2h Hollywood HD yesterday because of their quarterly results as they have already mentioned in the article
 
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