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=j3J65jWX

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/2019/09/14/sun.jpg?itok=pExufZiY
Sun Direct offers 155 channels for Rs 130 network capacity fee

DTH operator Sun Direct is now allowing subscribers to select up to 155 channels for a monthly network capacity fee of Rs 130/- plus applicable taxes.

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/08/28/dish.jpg?itok=6-YyYrqB
DTH companies against changes to KYC norms for STBs

DTH operators believe that there is no need to change the KYC process for set top boxes (STBs) as the current process is well-equipped to meet the requirements and the DTH industry is already adhering to a comprehensive KYC process, which has been working effectively till date.

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/08/27/trai.jpg?itok=YMZYzixF
KYC imperative to curb smuggling of DTH STBs outside India: IBF

Indian Broadcasting Foundation (IBF) has shared its view on the consultation paper by TRAI on ‘KYC of DTH Set Top Boxes’. The association is of view that there is an absolute and an imminent need for introduction and proper enforcement of meaningful KYC or e-KYC stipulations of DTH STBs.

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/08/24/tata.jpg?itok=_wfhRvgz
Tata Sky introduces HD set top box and Binge bundle offer at Rs 4,999

MUMBAI: After the formal announcement of Reliance Jio Fiber plans, other DTH operators are also taking measures to face the upcoming challenge. DTH operator Tata Sky has introduced an attractive offer for consumers.

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/08/20/d2h.jpg?itok=PybMxhlR
Rule the world of entertainment with ‘d2h Magic’ streaming device

MUMBAI: Dish TV India Limited, the world’s largest single-country DTH Company, has launched a one of its kind content streaming solution ‘d2h Magic’ allowing customers to access digital video streaming and OTT apps on their existing d2h set top box. ‘d2h Magic’ will seamlessly bridge the gap...

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/08/16/independent_tv.jpg?itok=DnYb8SKJ
Independent TV to resume DTH service any day after 21 August

MUMBAI: DTH operator Independent TV has extended the resumption of its service further. The operator has stated on its website that they expect to go live any day after August 21, next week. The network was supposed to resume its service from August 15 in its new ITV 2.0 avatar .

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/08/16/ttata-sky.jpg?itok=L3JmDBPZ
The Entertainment Industry Celebrates Tata Sky's 13th Birthday with Chimp&z Inc's #TataSkyTeraHai

Mumbai: Last week, Tata Sky celebrated its 13th anniversary. A brand that stands for entertainment across genres was celebrated all over the internet with tributes pouring in from the peers in the entertainment industry.

DTH DTH Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/08/13/dish.jpg?itok=MArDAVkW
Dish TV brings unique value added service for Telugu viewers, launches 'Telugu Active' on DishTV & d2h platforms

Continuing to strengthen its value added service offerings, Dish TV India Limited, world’s largest single-country DTH Company has launched ‘Telugu Active’ VAS service - a one stop ad-free destination for the best of Telugu films & shows. The Telugu Active service is launched in partnership with...

DTH DTH Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/08/12/dd_free_dish.jpg?itok=kANGIb_o
DD Free Dish fills up 3 vacant MPEG-2 slots

MUMBAI: Public service broadcaster Prasar Bharati has allotted vacant slots to three channels on its direct-to-home (DTH) platform DD Free Dish in the 41st e-auction. According to media reports, the pubcaster has garnered Rs 21.69 crore in the latest round of e-auction. Hindi GEC Manoranjan Grand,...

DTH DTH Operator

Sign up for our Newsletter

subscribe for latest stories