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Dish TV: Financial Results- 2QFY10
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#1
Today Dishtv declares their 2nd Quarter Financial Results for the quarter ended 30 september 2009

Dishtv Revenues of 2QFY10 is Rs.2579 million, UP 49% YoY.
EBITDA Positive for Third Quarter in Continuation.
Market Leader with 5.9 Million gross Subscribers, 38% Share of Pay DTH Market.
0.41 Million new Subscribers added during 2QFY10.
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#2
DTH company Dish TV by the Essel Group has experienced a further drop in subscription ARPU to Rs. 139 from Rs. 141 and recorded lower additions at 0.4 million connections in the quarter ending September 2009, compared to the previous quarter, when it added 0.44 million subscribers. Its gross subscriber base is 5.91 million out of the 15.17 million DTH connections in the country.

Dish has reported an 18.8% fall in net losses to Rs. 561.33 million, which is a 63.58% drop year on year.


Revenues for the quarter ended Sep 09 grew 4.37% sequentially to Rs. 2.57 billion. This was a 48.57% growth from Sep 08. And the company has managed to finally control its overburdening expenses: it rose only 2.11% to Rs. 3.07 billion and is marginally lesser than expenses in Sep 08.

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#3
Dish TV Financials details

http://www.bseindia.com/xml-data/corpfil...09_Rst.pdf
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#4
The Best part here is they have lower down their losses very much like if you see last year SEP'08 they have net loss of Rs.154.1 cr and a year after they have net loss only to Rs.56.1 cr.

Also They are EBITDA Positive for the last 3 Quarters in continuation. further their revenues have gone up.
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