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DTH News : Airtel Digital TV net subs addition tanks 58.6% in Q2, EBIT up 18.49% to Rs 123 crore
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MUMBAI: Direct to home (DTH) operator Airtel Digital TV’s net subscriber addition during the quarter ended 30 September has tumbled 58.6% to 207,000 compared to 499,000 in the trailing quarter.

The net subscriber addition fell 19.3% on a Year-on-Year (YoY) basis. In the previous fiscal, it had 256,000 net subscriber additions.

The DTH operator’s total digital TV subscriber base increased 1.6% to 13.52 million from 13.31 million in the trailing quarter. The total subscriber base saw a 9% increase from 12.4 million subscribers in the previous fiscal.


The average revenue per user (ARPU) was at Rs 233 increasing 1.9% compared to trailing quarter’s Rs 228. Monthly churn increased to 1.4% from 0.9%. In the year-ago period, the churn was 1.2%.

The company has seen an 18.49% jump in its EBIT to Rs 123 crore for the quarter ended 30 September compared to Rs 103.8 crore in the trailing quarter ended 30 June. On a year-on-year basis, the EBIT has jumped 76% from Rs 69.9 crore.


The company’s EBITDA jumped 6.57% to Rs 351.7 crore compared to Rs 330 crore in the trailing quarter. On Y-o-Y basis, the EBITDA increased 16% to Rs 351.7 crore. EBITDA margin stood at 37.5% compared to 36.8%.

Total revenues stood at Rs 936.9 crore representing a growth of 4.4% compared to Rs 897.4 crore. On a Y-o-Y basis, the revenue increased 10% to Rs 936.9 crore.

The Capex incurred by the company during the quarter jumped to Rs 319.1 crore from Rs 266.1 crore. The Capex incurred rose 10% on a Y-o-Y basis.

The DTH operator generated free cash flow of Rs 32.6 crore compared to Rs 63.9 crore in the trailing quarter. In the previous fiscal, the company generated free cash flow of Rs 48.8 crore.

Airtel Digital TV offers a total of 590 channels including 71 HD channels, 5 international channels, and 4 interactive services.

Source:
___________________________________________
Airtel Digital HD Recorder / Kerala Vision Digital TV
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