EFY Times  
Wednesday, August 27, 2014

 
GO
 
 

Dish TV- Financial Results- Q1 FY 12-13
 
Home >> Infotech >> Financials
 
Dish TV- Financial Results- Q1 FY 12-13  
 
   
Rate this news:  (0 Votes)
Thursday, July 19, 2012 Dish TV India Limited (Dishtv) (BSE: 532839, NSE: DISHTV) today reported first quarter fiscal 2013 standalone unaudited operating revenues of Rs 5,200 million, recording 12.9 % growth over the corresponding period last fiscal. EBITDA of Rs. 1,556 million registered a significant 38.7% increase over the corresponding quarter last fiscal. EBITDA margin for the quarter stood at 29.9%.






The Board of Directors in its meeting held today, has approved and taken on record the standalone unaudited results of Dish TV for the quarter ended on June 30, 2012.

Mr. Subhash Chandra, Chairman, Dish TV India Limited, said, “The television distribution industry is on the threshold of a sea change in the way it has operated all these years. Mandatory digitization, though deferred by four months, raises the bar for quality television viewing while promising to correct the ills associated with analog cable. DTH, which started as a fragment of the distribution industry pie is now already the preferred medium for watching television.”

“Though the postponement of the digitization deadline came as a negative surprise, we hope that the October 30th timeline will be adhered to,” he added.

“With much to look forward to, Dish TV remains well prepared for the digitization run with its efficient ground infrastructure and ability to seed set top boxes within a short turnaround time,” said Mr. Chandra.

Mr. Jawahar Goel, Managing Director, Dish TV, said, “The first quarter witnessed a partial comeback post the sluggishness before that. However, enhanced consumer demand owing to digitization is yet to fully reflect in acquisition numbers. Nevertheless, sensing DTH’s growing popularity over competition, Dish TV recently initiated a price hike at the entry level as well as across standard definition packs.”

“While some restrain in customer demand in the short term cannot be ruled out, the net impact going forward is going to be ARPU accretive. Moreover, with digitization around the corner, subscription revenues are expected to increase as viewers sample better content on their television. The government, at its end, has been sending firm signals to the industry that there would be no further extension of the deadline,” he added.

Commenting on the first quarter performance, Mr. Goel said, “Dish TV maintained its leadership share while continuing to focus on the quality of subscribers joining the platform. 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 normalized 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.”

“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 Mr.Goel.

The recently launched ‘Dish truHD+,’ a High Definition (HD) box capable of digital recording, remains a key driver of HD subscribers on the platform. Dish TV garnered a 25% incremental share of HD additions during the quarter. This becomes all the more significant considering that unlike most DTH platforms; Dish TV activates only exclusive HD packs for its HD subscribers.

‘Dish truHD+’ lends a huge advantage over other DVR’s in the market by offering unlimited recording capacity, due to its compatibility with any external USB device, which enables subscribers to simply plug and play and build an entire library of their favourite programmes.

Dish TV India Limited continues to be the largest DTH Company in India and the whole of Asia Pacific and is one of the largest DTH platforms in the World.



Print Email Post Comment 
(Total Views: 1360)
 
Share

 
 
Infotech News
   
NASSCOM Organizes The Fourth Edition Of The Product Conclave In Gurgaon To Evangelize The Ecosystem In The City
GIGABYTE Z97X-UD7 TH: Raising The DIY PC User’s Aspirations
Flipkart Launches Five New Digiflip Pro Tablets Powered By Intel Processors
Reflex Marine Given Green Light To Introduce FROG-6 Into Mexico
Wi-Next IoT And Wireless Networking Get A Boost With Axiros Cloud Management
 
 
 
     
     
     
     
     
     
Most popular
 

Daily

Weekly

Linus Torvalds Still Wants A Desktop!
Linus Torvalds Still Wants A Desktop!
18 Most Well-Paid Jobs in Google
17 Awesome OpenSSH Hacks You Must Try!
Top 10 Apps For Best Productivity On Linux
Learn To Compile And Run C/C++ Code In Linux: 10 Steps To Follow
Munich Takes A U-Turn! Plans To Switch Over To Windows From Linux
Indian Develops Replica Of Google Glass At Rs 4,500
8 Tips To Make Life Smoother For Programmers
Top IT Certifications Of 2014
15 Less-Known CSS Tools You Would Love To Apply
Xiaomi Mi 3 Debacle: Flipkart Cancelling Orders Automatically!
Ebola Virus Spreads As Epidemic Across The Globe
11 Must Have JavaScript Tools For Web Developers
30 Useful Tips to Give You Better FreeBSD Experience
5 Best YouTube Downloaders For You
Google Offers Rs 14 Million Package To A BITS Pilani Student!
 
   

Overall

Features
10 Tips To Use Gmail At Its Best
If you are a Gmail user then you should always know what are those additional features which you are missing upon. Get to know them here....
Top 10 C++ Libraries For You
If you want to improve your functionality in C++ language, then these libraries will be of great help....
10 Best Free Cloud Drives For You
Options have never seen a dearth when it comes to cloud drive services. But sometimes it gets difficult to choose from them....
10 Must-Know Facts Of Red Hat Enterprise Linux 7
Being not a very simple OS, there are so many things which you should know prior to using the new RHEL 7....
8 Awesome Tips For Budding Programmers!
Programming is not very tough, once you know the right skills how to reach your goal....
6 Reasons Why You Should Use FreeBSD Over Linux?
The Unix-like OS, FreeBSD, is superior to Linux for several reasons. Check out the reasons here....
Top 10 Best Tutorials On Magento
You are dreaming of becoming a web development professional and want to learn Magento CMS by heart? Herds of books and tutorials are available to help...
5 Best YouTube Downloaders For You
Are you a prolific video downloader? Then, get the most handy downloaders that come for free....
18 Most Well-Paid Jobs in Google
Are you thinking to make a career in Google? Here are some of the best options which you can bank upon sincerely....
15 Less-Known CSS Tools You Would Love To Apply
Move on from your basics, like Firebug and Web Developer, and try something new with the following tips....
17 Awesome OpenSSH Hacks You Must Try!
Learn some new tricks to enhance your knowledge about OpenSSH which will hep you a lot....
8 Tips To Make Life Smoother For Programmers
Dream to become a great programmer? We are here to help you with some non-technical tips to make that happen....
Learn To Compile And Run C/C++ Code In Linux: 10 Steps To Follow
Move on from MS-Windows and create C/C++ programs on Ubuntu Linux. We are here to help you....
30 Useful Tips to Give You Better FreeBSD Experience
Using FreeBSD takes a new turn for you as we provide with some of the best tips and tricks here....
Indian Labour Class Needs To Be Improved In MSME Sector, Says Government Official
If India is to be developed as an all-rounder, then it's necessary to think about the main ingredient of our industry, the labour class....
 
  View All
Dialogue
 
10 Questions That Google Never Asks While Hiring!
Here is a list of 10 questions that Google just banned from their interviews....
For Enjay, Open Source Technology Is A Way Of Life
An entirely open source-based company, Enjay IT Solutions, has built itself a reputation in the OSS domain....
Switching To Tizen Doesn’t Mean We Are Abandoning Android: Samsung
The company has worked to build Tizen up from scratch and has now introduced it to developers and the general public with its latest range of wearable...
Venturing Into The Cloud? Develop A Customised Cloud Strategy First!
Diksha P Gupta speaks to Rushikesh Jadhav, cloud evangelist, ESDS Software Solution Pvt Ltd, on how the cloud has changed the way compan...
HTC Is Strong And There Are No Plans Of Sale Now Or In Future, Says HTC's Senior Director-Marketing
Atithya Amaresh from EFYTimes had an exclusive chat with Sirpa H. Ikola, senior director, Marketing, South Asia, HTC about its devices and its plans w...
   
  View All
Videos
 
First Look: LG Optimus G
The phone sports a high-end display and comes powered by a powerful processor. ...
Create QR-Codes For Free
TEC-IT releases the freeware QR-Code Studio to provide a quick and convenient way of QR code creation for every application scenario....
DoT Secretary Shares Plans For Growth Of Telecom Sector
M.F. Farooqui has recently taken charge as secretary, Department of Telecom....
Hands-On: Sony Xperia Z
Xperia Z is Sony's first entrant model in the big-screen smartphone category. ...
Hands On: Videocon A30 Smartphone
Videocon, the consumer electronics company which is known for its refrigerators, washing machine and air-conditioner has unveiled its Android-based sm...
   
View All
   
 
MWC 2014
 
MWC 2014: Tablet Lets People Feel Textures On Its Screen
Now feel what you see on your tablet, by way of ultrasonic waves....
MWC 2014: 4K Android Tablet Games To Kill Consoles, iPad
Tablet makers like Samsung want to beat the iPad by making 4K tabs. ...
MWC 2014: This Vodafone Backpack Helps Get Network In Disaster Situations
Two engineers of Vodafone New Zealand displayed the "mini" mobile network by Vodafone substructure in a backpack. ...
MWC 2014: Wilocity Chipset To Bring 'Lightening' Speed To Mobile Phones
Wilocity has developed a WiGig chipset for mobile phones that will bring lightning-fast wireless capability ...
MWC 2014: Samsung Introduces Octacore, Hexacore Chipsets
The Korean giant, Samsung unveiled two new octacore and hexacore chipsets at MWC 2014, in Barcelona. The company previously used Exynos 5 Octa 5410 ch...
MWC 2014: Alcatel Unveils PIXI 7 Tablet With Android 4.4
Alcatel arrived at the MWC 2014 with yet another low cost Android tablet, priced at $110 ...
MWC 2014: LG F70 Unveiled With Android 4.4
LG announced the new LTE-enabled Android smartphone, LG F70, at MWC 2014 in Barcelona. ...
   
View All
   
 
Events
 
19th Consumer Electronic Imaging Fair To Be Held On ...

View All
   
   
 
 

home archives contact us advertise with us
           
Magazines Portals Directories Events News Verticals Educational Institute  
Electronics for You
Open Source for You
Facts for You
Electronics Bazaar
electronicsforu.com
efytimes.com
opensourceforu.com
electronicsb2b.com
Electronics Annual Guide
EFY EXPO INDIA
EFY EXPO WEST
ELECTRONICS ROCKS
EFY Awards
OSIDAYS Expo
Electronics
Infotech
Linux & Open Source
Consumer Electronics
Science & Technology
BPO
EFY Techcenter 

Educational Kits
Kitsnspares.com
 
 
© Copyright 2014 EFY Enterprises Pvt. Ltd.
All rights reserved. Reproduction in whole or in part in any form or medium without written permission is prohibited.
Usage of the content from the web site is subject to Terms and Conditions