Wednesday, June 25, 2025
MediaNews4U
  • Exclusive
  • Advertising
  • Media
    • Radio
    • Cable & DTH
    • Print
    • Digital Frontier
    • Gaming Nexus
  • Television
  • OTT
  • Ad-Tech
  • Marketing
  • Campaigns
  • Analysis
  • Opinion
    • Opinion
    • Think Through
    • Prescience 2023
    • Prescience 2024
  • People
  • Events
    • Leader Speak
    • STRAIGHT TALK
    • Gamechangers
    • Print & TV Summit
MediaNews4U
  • Exclusive
  • Advertising
  • Media
    • Radio
    • Cable & DTH
    • Print
    • Digital Frontier
    • Gaming Nexus
  • Television
  • OTT
  • Ad-Tech
  • Marketing
  • Campaigns
  • Analysis
  • Opinion
    • Opinion
    • Think Through
    • Prescience 2023
    • Prescience 2024
  • People
  • Events
    • Leader Speak
    • STRAIGHT TALK
    • Gamechangers
    • Print & TV Summit
MediaNews4U.com
Home Cable & DTH

Dish TV reports operating revenues of Rs. 7,486 million in Q2 FY18

by MN4U Bureau
December 5, 2017
in Cable & DTH, Featured
Reading Time: 2 mins read
A A
Dish TV reports operating revenues of Rs. 7,486 million in Q2 FY18

Share Share ShareShare

Mumbai: Dish TV India Limited today reported second quarter fiscal 2018 consolidated operating revenues of Rs. 7,486 million and EBITDA of Rs. 2,161 million. 
Dish TV adopted Ind-AS (Indian Accounting Standards), notified by the Ministry of Corporate Affairs, from 1Q FY18. Consequently, results for the quarter ended September 30, 2016 have been re-stated to comply with Ind-AS to make them comparable.

ADVERTISEMENT

The Board of Directors in its meeting held today, has approved and taken on record the unaudited consolidated financial results of Dish TV India Limited for the quarter ended on September 30, 2017.

Second Quarter Performance 


Moving further away from the demonetization era, Dish TV saw a recovery in its EBITDA margins during the second quarter as compared to the preceding few quarters. Operational efficiencies along with some revenue expansion resulting from an improved customer sentiment led to a margin expansion of 170 bps. EBITDA margins during the quarter were 28.9% as against 27.2% in the previous quarter.

Subscription revenues recorded 1.9% growth sequentially to close at Rs. 7,049 million. Average revenues per user (ARPU) strengthened to Rs. 149 while churn rate recovered to close at slightly less than 0.8% per month.

Subscriber additions at 188 thousand were in line considering the seasonality of the second quarter.

Amalgamation of Videocon D2h into Dish TV

The proposed combination of Dish TV and Videocon d2h would create one of the world’s leading DTH platform.

JawaharGoel,
Jawahar Goel

Mr. JawaharGoel, CMD, Dish TV India Limited, said, “We have been eager to get back to our stakeholders with the news of the successful closure of the merger. With all other approvals in place, the only approval pending is from the Ministry of Information and Broadcasting. We are optimistic about hearing back from the MIB any moment now and hope to close the merger at the earliest thereafter.” 

“We remain excited about the next phase of growth that the combined entity, Dish TV Videocon Limited, will go through and are committed to make the combination a mega success. On the synergy front, we stick to our guidance of Rs. 1,800 million for FY18 and Rs. 5,100 million for FY19,” said Mr. Goel.

High Definition for All

To further strengthen its high definition (HD) base, Dish TV recently started giving limited period complimentary access to 7 popular HD channels in a scheme called ‘HD for All.’ This limited duration offer has been extended to all Dish TV subscribers who are at an ex-GST price point of Rs.169 per month or above. The scheme is not applicable to South India.

With ‘HD for All,’ Dish TV looks forward to convert aspiring Indian television households to the Dish TV DTH platform. In addition, the Company is also hopeful about converting ambitious standard definition subscribers to high-ARPU HD connections once they experience the five times better picture quality of HD through any of the 7 channels.

Mr. JawaharGoel, said, “HD has always been considered to be an effective differentiator in an industry that otherwise has little differentiation to talk about. The ‘HD for All’ scheme shall expedite the SD to HD conversion for subscribers who had so far not experienced HD quality and hence had never considered upgradation.”

Tags: CMDDish TVDish TV DTH platform.Dish TV IndiaDish TV India LimitedDish TV India Limited today reported second quarter fiscal 2018EBITDAEBITDA marginsHigh Definition for AllJawaharGoelVideocon d2h

RECENT POSTS

Pay DTH Sector Sees Continued Decline; Tata Play Retains Lead in Market Share
Cable & DTH

Pay DTH Sector Sees Continued Decline; Tata Play Retains Lead in Market Share

June 23, 2025
0

New Delhi: The Telecom Regulatory Authority of India (TRAI) has released its latest “Indian Telecom Services Performance Indicator Report” for...

Read more
Tata Play Binge teams up with BBC Player to stream British Shows in India
Cable & DTH

Tata Play Binge teams up with BBC Player to stream British Shows in India

May 8, 2025
0

Mumbai: Tata Play Binge has announced a strategic content partnership with BBC Player, further strengthening its position as one of...

Read more
Prasar Bharati opens applications for available MPEG-4 Slots: DD FreeDish
Cable & DTH

Prasar Bharati announces 87th E-auction for DD Free Dish MPEG-2 Slots

May 2, 2025
0

New Delhi: Prasar Bharati has invited applications for the 87th e-auction of vacant MPEG-2 slots on DD Free Dish, scheduled...

Read more
HMD set to launch D2M-enabled phones in India ahead of field trials
Cable & DTH

HMD set to launch D2M-enabled phones in India ahead of field trials

April 29, 2025
0

Mumbai: HMD, in collaboration with Free Stream Technologies (incubated at the Indian Institute of Technology (IIT), Kanpur) and other D2M...

Read more
TV9 Marathi Expands Reach as First Marathi News Channel on DD Free Dish
Cable & DTH

TV9 Marathi Expands Reach as First Marathi News Channel on DD Free Dish

April 10, 2025
0

Mumbai: Maharashtra’s leading news channel, TV9 Marathi, has achieved a significant milestone that reinforces its brand positioning as ‘Ekmev’ (One...

Read more
Live Times now on DD Free Dish channel No 100, expanding its nationwide reach
Cable & DTH

Live Times now on DD Free Dish channel No 100, expanding its nationwide reach

April 3, 2025
0

Mumbai: Live Times has further strengthened its viewer base by securing a spot on DD Free Dish Channel No. 100,...

Read more

LATEST NEWS

Trackon names Smartya Majumder as Vice President – Sales

Trackon names Smartya Majumder as Vice President – Sales

June 24, 2025
Vijay Chauhan named General Manager of adidas India

Vijay Chauhan named General Manager of adidas India

June 24, 2025

ANALYSIS

Only 3% of companies achieve cross-functional AI synergy; marketing and IT co-innovation is crucial for thriving in the AI era: Bounteous x Accolite Study
Analysis

Only 3% of companies achieve cross-functional AI synergy; marketing and IT co-innovation is crucial for thriving in the AI era: Bounteous x Accolite Study

June 24, 2025
0

Chennai: Organizations that prioritize innovation and collaboration are twice as likely to achieve double-digit growth, according to a new global...

PEOPLE

Trackon names Smartya Majumder as Vice President – Sales
People

Trackon names Smartya Majumder as Vice President – Sales

June 24, 2025
0

New Delhi: Trackon, an express logistics and supply chain companies, has announced the appointment of Smartya Majumder as Vice President...

MARKETING

HCBS Developments names Mohit Kalia as Senior Vice President – Sales and Marketing
Marketing

HCBS Developments names Mohit Kalia as Senior Vice President – Sales and Marketing

June 24, 2025
0

Gurugram: HCBS Developments, one of Gurugram’s foremost real estate developers, has announced the appointment of Mohit Kalia as Senior Vice...

Subscribe to Newsletters

ADVERTISING

Dominic Proctor, WPP Media Pioneer and Mindshare Co-Founder, Passes Away
Advertising

Dominic Proctor, WPP Media Pioneer and Mindshare Co-Founder, Passes Away

June 23, 2025
0

London: Dominic Proctor, one of the most transformative figures in the global media landscape and a foundational force behind WPP’s media...

PRINT

Thane Vaibhav and Ekatva Group launch New Hyper-Local Business Supplement
Print

Thane Vaibhav and Ekatva Group launch New Hyper-Local Business Supplement

June 4, 2025
0

Mumbai: In a powerful collaboration that underscores Thane’s rising prominence as a business hub, leading Marathi daily Thane Vaibhav and...

AUTHOR'S CORNER

Viewer Mindshare: Smart TV and Smartphones shaping the future of entertainment industry
Authors Corner

Viewer Mindshare: Smart TV and Smartphones shaping the future of entertainment industry

June 24, 2025
0

In the ever-evolving digital landscape, attention span has become the most valuable currency. With an overabundance of content available, it...

UPLIFT MEDIANEWS4U DIGITAL PVT LTD
No. 194B , Aram Nagar 2, JP Road,
Versova, Andheri West
Mumbai - 400061

For editorial queries:
[email protected]
[email protected]

For business queries:
Smitha Sapaliga - +91-98337-15455
[email protected]

Recent News

Rahul Shaw joins NDTV to lead Experiential Business

Rahul Shaw joins NDTV to lead Experiential Business

June 24, 2025
Trackon names Smartya Majumder as Vice President – Sales

Trackon names Smartya Majumder as Vice President – Sales

June 24, 2025
Vijay Chauhan named General Manager of adidas India

Vijay Chauhan named General Manager of adidas India

June 24, 2025

Newsletter

Subscribe to Newsletters

Medianews4u.com © 2019 - 2024 All rights reserved.

  • The South Side Story 2023 Download Report
  • Goafest 2023: Day 3
  • Goafest 2023: Day 2
  • Goafest 2023: Day 1
  • Straight Talk Gallery 2022
  • The South Side Story 2022 Download Report
  • Focus 2022
  • Futurescope Conclave Gallery 2022
  • The South Side Story 2021 Download Report
  • FOCUS 2021
  • Exclusive
  • Exclusive
  • Advertising
  • Media
    • Radio
    • Cable & DTH
    • Print
    • Digital Frontier
    • Gaming Nexus
  • Television
  • OTT
  • Ad-Tech
  • Marketing
  • Campaigns
  • Analysis
  • Opinion
    • Opinion
    • Think Through
    • Prescience 2023
    • Prescience 2024
  • People
  • Events
    • Leader Speak
    • STRAIGHT TALK
    • Gamechangers
    • Print & TV Summit

Medianews4u.com © 2019 - 2024 All rights reserved.