DTH

Dish TV Q1 net hurt by forex loss

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2016/11/12/dish-tv-itv_0.jpg?itok=_wO-f4oj

MUMBAI: India's leading DTH operator, Dish TV, has narrowed its net loss in the fiscal first-quarter to Rs 323 million compared to a net loss of Rs 490 million in the trailing quarter.

Ebitda stands at Rs 1.56 billion, up from Rs 1.44 billion in the preceding quarter, as the company has cut down on marketing costs. The content cost has seen 2.9 per cent rise and is in line with the industry expectation. But a deal with Media Pro, which distributes Star, Zee and Turner channels, is expected this month which would up the content cost.

“Net loss of Rs 323 million was adversely impacted by foreign exchange loss of Rs 138 million. At the cash flow front, Dish TV continued to be free cash positive for the second consecutive quarter,” said Dish TV managing director Jawahar Goel.

Operating revenue has seen a marginal decline (0.9 per cent), but Dish TV has seen subscriber growth while ARPUs (average revenue per user) have climbed from Rs 151 to Rs 156. With Dish TV taking a price increase of Rs 20 in the first week of July across all its monthly packs, the ARPU for this fiscal should rise to around 5 per cent.

The churn rate has bettered to 1 per cent, against 1.1 per cent in the trailing quarter.

Dish TV added 504,000 gross subscribers in the quarter ended 30 June, taking its total base to 13.4 million gross and 9.8 million net subscribers at the end of the quarter. The company is on track to achieve its target of 2.5 million new subscribers in the fiscal.

“Churn sustained its downward movement, closing at 1% per month, while ARPU strengthened to Rs 156, mainly due to the price hikes taken previously.

Efficiencies at the cost front helped enhance operating margins despite normalised lease rentals flattening the top-line growth. Enhanced offer fee, coupled with higher number of subscriber adds sequentially, maintained subscriber acquisition cost largely in line with the previous quarter,” Goel said.

Dish TV’s subscriber acquisition cost (SAC) has jumped to Rs 2,145 compared to Rs 2,127 in the preceding quarter.

Dish TV‘s operating revenue fell by 0.9 per cent to Rs 5.20 billion, compared to Rs 5.25 billion in the trailing quarter.

Subscription revenue grew 5 per cent QoQ to Rs 4.5 billion on higher ARPUs. Carriage income fell to Rs 80 million, from Rs 130 million.

Dish TV has controlled its expenses during the quarter which stood at Rs 3.64 billion, from Rs 3.80 billion in the previous quarter. This was due to a 49.6 per cent cut in advertisement expenses.

The company spent Rs 135 million on advertising compared to Rs 268 million in the previous quarter. Marketing spends should go up substantially as the company guided an expenditure of Rs 1 billion this fiscal.

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/28/tata.jpg?itok=PtHvOkuL
Tata Sky introduces a new age feature Smart Guide

KOLKATA : Reinforcing its commitment towards building customer centric innovations, Tata Sky, India’s leading content distribution and Pay TV platform has introduced ‘Smart Guide’ –a new-age feature that enables each customer to discover and consume content on television in a smart way. The new...

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/22/tatasky.jpg?itok=SlhKyBEz
Tata Sky Binge+ becomes available at lower price

KOLKATA: Keeping customer interests at the forefront, Tata Sky has further fine-tuned the pricing of its android TV-powered smart set top box, Tata Sky Binge+. Converging the strengths of DTH and the world of OTT content together on the television screens, this new age device will now be available...

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/17/dth.jpg?itok=eTmxaQXp
Active DTH subscribers reach 70.26 million, Tata Sky solidifies its lead

KOLKATA: The Telecom Regulatory Authority of India (TRAI) today released ‘The Indian Telecom Services Performance Indicators’ data for the January- March’20 quarter. Sustaining its growth pace for three quarters in a row, Tata Sky has solidified its lead yet again in the DTH and Pay TV category...

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/15/dish.jpg?itok=kU7ZSq9d
Dish TV to push 50% STB manufacturing in India

KOLKATA: Dish TV India Ltd announced the manufacturing of its set-top boxes in India. Demonstrating its commitment to the government’s ‘Make in India’ vision, Dish TV India has shifted the production of its set-top boxes to India, adopting a ‘vocal for local’ strategy. The first consignment of made...

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/09/watcho.jpg?itok=YS5px8q5
Watcho revamps its user-generated content offering; launches Watcho Swag

KOLKATA: Dish TV India’s OTT platform, Watcho, the home-grown online video streaming app has gained immense popularity in the country through its fresh short format content and its overall bouquet of offerings. Watcho has been enthralling the viewers with exclusive or original shows, linear TV and...

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/08/tata-sky.jpg?itok=Aq1FXWxp
Tata Sky partners with Accedo to develop the user interface of Tata Sky Binge+

KOLKATA: Accedo has worked with Tata Sky, India’s leading content distribution platform to develop the user interface for its latest offering, Tata Sky Binge+ Smart Set-top Box. The Android TV enabled device provides content from Linear Television and a host of OTT apps onto a television screen.  

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/09/01/dd_free_dish.jpg?itok=W_xYYQtV
DD Free Dish adds three new channels

KOLKATA: The state broadcaster run free-to-air DTH platform DD Free Dish has added three new channels. These include ANB News, Aryan TV National and News India 24×7. These channels won the bid during the 47th e-auctions that was held on 26 August. They are allotted slots for the period between 1...

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/08/28/tatasky.jpg?itok=Ftb-V-3w
Tata Sky’s partner Technicolor to shift settop box manufacturing to India

KOLKATA:  In a big move, Tata Sky, India’s direct-to-home (DTH) operator has decided to shift a significant portion of its settop box sourcing within the country. It has partnered with Technicolor to develop settop boxes for the Indian market that will be manufactured and distributed within India...

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/08/21/djsb.jpg?itok=CiXWqwZY
DishTV and D2H expand regional HD content portfolio, add 6 new HD channels

KOLKATA: Expanding its portfolio of regional language channels, Dish TV India Limited, India’s leading DTH Company, has announced the addition of six new HD channels to its DishTV and D2H platforms. With this, the company aims to provide unparalleled entertainment to the customers in the southern...

DTH DTH Operator

Sign up for our Newsletter

subscribe for latest stories

* indicates required