Advertisement


Advertisement

Thread Rating:
  • 36 Vote(s) - 2.92 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Help Dish TV eyes net profit and 3.5 mn subs in FY '12
Advertisement
#1
MUMBAI: Dish TV, India's leading DTH company, expects to swing into net profit this fiscal as it plans to add 3.5 million subscribers and lift ARPUs up.

The company has pared its standalone net loss for the fiscal ended 31 March 2011 to Rs 1.9 billion, down from Rs 2.62 billion a year ago, as it has posted robust revenue and subscriber growth.

"We should be posting net profit from the fiscal third-quarter onwards. We will have a full-fiscal net profit in FY'12. We are looking at adding 3-3.5 million subscribers this fiscal," a senior executive said.

The subscription revenue is expected to swell to Rs 19 billion in FY'12, up from Rs 11.9 billion in the previous fiscal.

Dish TV's average revenue per user (ARPU), which ended at Rs 142 in FY'11, is expected to be in the region of Rs 160-165.


For the fourth-quarter ended 31 March 2011, Dish TV had an ARPU of Rs 150, up from Rs 142 in the trailing quarter. "We are looking at a 10-12 per cent rise in ARPU," the executive said.

The company has posted a 32.2 per cent rise in revenue to Rs 15.25 billion compared to Rs 11.53 billion in the year-ago period. Income from lease rental in FY'11 stood at Rs 2 billion, while teleport earned a revenue of 110 million, bandwidth charges Rs 250 million and interest income Rs 750 million.

Ebitda for the year was Rs 3.27 billion, up 100 per cent from Rs 1.63 billion in the previous fiscal. The Ebitda margin for the fiscal stood at 21.4 per cent.

For the three-month period ended 31 March, Dish TV has narrowed its net loss to Rs 370.5 million as against a net loss of Rs 447 million in the trailing quarter.

The company has posted a revenue of Rs 4.52 billion for the quarter, an increase of 15.5 per cent over the third-quarter of the fiscal 2010-11.

Backed by growth in subscribers and gross sales, operating profit (Ebitda) of the company jumped to Rs 1.09 billion for the fourth quarter, a 29.2 per cent growth as compared to Rs 843 million in the quarter ended 31 December 2010.

Said Dish TV chairman Subhash Chandra, "The fiscal 2011 witnessed the DTH industry in a never seen before form. The industry set new benchmarks for itself by outperforming its own stupendous growth of earlier years. While industry fundamentals remained strong, competitive intensity was never too frail. Leading from the front, Dish TV garnered a market leading average incremental share of 26 per cent during the year."

Shares of Dish TV closed Monday at Rs 70.05 on the BSE, up 1.97 per cent from the previous close.

Source

Reply
Thanks given by:
Advertisement
Advertisement




Possibly Related Threads...
Thread Author Replies Views Last Post
  DTH News: Dish TV shifts manufacturing of Set-top boxes to India nairrk 0 786 09-16-2020, 01:55 PM
Last Post: nairrk
  DTH Updates: ABP News Static Plate (Data) channel added on Dish TV India Sathish 0 186 08-10-2020, 11:43 AM
Last Post: Sathish
  DTH Updates: FOX life HD- Rs 1 (TV) channel shifted frequency on Dish TV India Sathish 0 172 08-10-2020, 11:42 AM
Last Post: Sathish
  DTH Updates: LIVE LIFE SHATAYUPATHY channel removed from 3 slots on Dish TV India Sathish 0 187 08-10-2020, 11:40 AM
Last Post: Sathish
  DTH Updates: Korean Drama Active- Rs 40 channel added on Dish TV India on 04-08-2020 Sathish 0 220 08-04-2020, 07:40 AM
Last Post: Sathish
  DTH Updates: 16 channels added on Dish TV India on SES 8 Sathish 0 267 08-01-2020, 06:16 PM
Last Post: Sathish
  DTH Updates: 12 New channels namely Non ST2 to ST2 added on Dish TV India Sathish 0 241 07-30-2020, 11:28 PM
Last Post: Sathish
  DTH Updates: 11 channels removed from Dish TV India on NSS6/SES8 as on 27-07-2020 Sathish 0 270 07-27-2020, 10:34 AM
Last Post: Sathish
  Breaking News: 12 channels removed from Dish TV India on NSS6/SES8 as on 25-07-2020 Sathish 0 262 07-25-2020, 10:50 PM
Last Post: Sathish
  DTH Updates: Sun TV HD, Gemini TV HD & Bhojpuri Active Channels removed on Dish TV India Sathish 0 247 07-24-2020, 10:05 PM
Last Post: Sathish

Forum Jump:


Users browsing this thread: 1 Guest(s)
Advertisement