DTH

Airtel DTH biz Q4-2015 revenue up 17%, segment reports Rs 8 crore operating profit

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/dth-images/2015/04/29/DTH%20DTH%20operator%20financial%20priority%204.jpg?itok=e9dWkC7w

BENGALURU: Bharati Airtel?s Digital TV services - Airtel DTH - reported 17.2 per cent increase in y-o-y revenue to Rs 634.7 crore in Q4-2015 from Rs 541.5 crore and 1.8 per cent growth as compared to the Rs 623.4 crore in the immediate trailing quarter.

The segment reported an operating profit of Rs 8.1 crore for the current quarter as compared to an operating loss of Rs 110.7 crore in Q4-2014 and an operating loss of Rs 36 crore in Q3-2015.

Note: 100,00,000 = 100 lakh = 10 million = 1 crore

Airtel DTH revenue in FY-2015 grew 19.2 per cent to Rs 2475.9 crore as compared to the Rs 2077.1 crore in FY-2014. Operating loss was lower at Rs 158.1 crore in the current year as compared to the Rs 427.1 crore in FTY-2014.

The company reported 2.7 per cent q-o-q growth in Airtel DTH customer base for Q4-2015 to 100.73 lakh from 98.1 lakh in Q3-2015. For the year, the segment reported 11.8 per cent growth in customer base from 90.12 lakh in FY-2014.

Airtel MD and CEO, India & South Asia Gopal Vittal said, ?The year has ended on a healthy note, with revenue growth accelerating to 12.1 per cent in FY 2014-15, from 9.9 per cent and 9.5 per cent respectively in the previous two years. Once again, the 20,000 - strong Airtel family has stood together to deliver these results. Airtel is spearheading the country?s digital agenda with substantial investments in the Internet space. The cumulative investment of Rs 68,000 crore in spectrum is a reflection of our commitment to the cause of a Digital India, and our belief in the potential of the exciting opportunity.?

Overall, Airtel?s consolidated revenues for Q4-2015 at Rs 23,016 crore grew by 3.6 per cent over the corresponding quarter last year. Improved operational efficiency has resulted in consolidated net income growing by 30.5 per cent y-o-y to Rs 1,255 crore says the company.

Annual consolidated revenues at Rs 92,039 crore grew by 7.3 per cent over the previous year, led by robust top line growth in India. Airtel informs that net income for the year grew by 86.9 per cent to Rs 5,183 crore despite higher forex losses of Rs 2,153 crore (FY-2014 forex loss - Rs 1,242 crore).

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