Article Videocon d2h to turn PAT positive for full fiscal; eyes 2.5 mn gross subs in FY17

[Deepu]

Videocon d2h, the DTH arm of Videocon Group, is eyeing full-fiscal profitability at the net level in 2016–17. The Nasdaq-listed company, which reported maiden quarterly net profit in the three-month period ended 30 June 2016, has also guided for free cash flow breakeven, assuming subscriber additions are in line with the current growth. Videocon d2h expects to achieve a gross subscriber addition of at least 2.5 million for the entire fiscal. “We are on track to meet our guidance for FY17. We will turn PAT positive for the entire fiscal,” Videocon d2h executive chairman Saurabh Dhoot said.

Read more at: http://www.televisionpost.com/dth/videocon-d2h-to-turn-pat-positive-for-full-fiscal-eyes-2-5-mn-gross-subs-in-fy17/ | TelevisionPost.com

 

[akstra]

shut down videocon d2h 'viewers ko bewkoof banane ki chatri'

 

[sunnysep1]

That's amazing performance ... good return for investors !!! Management is doing everything right for achieving it's growth target. For us who are who thinks just adding channels makes a DTH excellent needs to think again !! there are other business dynamics as well

 

[Abhishek123]

shut down videocon d2h 'viewers ko bewkoof banane ki chatri'

Sahi Kaha