Dish tv added 5.75lakhs subscribers

[Ravi budhwar]

Direct-to-home (DTH) service provider Dish TV India's second quarter net loss widened to Rs 48.6 crore from Rs 45.2 crore in the year ago quarter due to higher expenses and a foreign exchange loss.

Revenue for the second quarter was up 48% from a year ago at Rs 482.3 crore, Dish TV said Wednesday.

The company said second quarter earnings were negatively impacted by foreign exchange loss of Rs 30.4 crore.

"In line with our expectations, Dish TV moved closer to attaining bottom line profitability but for the loss due to foreign exchange fluctuation," MD Jawahar Goel said.

Dish TV’s total expenses during the quarter were up 32% year-on-year at Rs 476.63 crore.

EBITDA (earnings before interest, taxes, depreciation and amortization) for July-September more than doubled to Rs 121.8 crore, Dish TV said. EBITDA margin was at 25.3%, it said.

Its subscription revenue for the second quarter was up 53% year-on-year at Rs 412.4 crore.

Dish TV said it added 5.75 lakh subscribers in July-September, compared with 7.25 lakh subscribers it had added in April-June. It had 91.95 lakh net subscriber base as of September 30.

"With the threat of another economic slowdown looming large over us, consumer activity in India seems to be slowing down in comparison to the healthy pace it had maintained all this while. Despite being fairly insulated, being the bread & butter of entertainment, DTH as a category was impacted by consumers' inertia to pay for discretionary spends," said Chairman Subhash Chandra.

Dish TV’s average revenue per subscriber was at Rs 152 in July-September. ARPU of subscribers opting for HD (high definition) service was at Rs 454, the company said.

It sees opportunity to scale up overall ARPUs going forward, Dish TV said.
source:money control

 

[Ravi budhwar]

Dish TV expects to add 3 million subscribers in FY12

Q: By this year-end, do you expect to have about ten million subscribers? Would that be the internal target you are working with at this point?

A: We have a target of three million subscribers. We have not revised that.

Q: Average revenue per users (ARPUs) have also seen a slight quarter-on-quarter improvement, Rs 152 versus Rs 150 last time around. So, it still remains below your peers, something like Tata Sky, which operates at about Rs 200. What’s the trajectory for ARPUs going forward? Do you expect a significant improvement in the next couple of years or would you expect it to stabilise at current levels?

A: We continue to improve. We have a target to improve our ARPU on a month-on-month basis. Our exact ARPU are at Rs 154, but average is Rs 152. In the coming quarters, we have to go upward only. It will always have a marginal improvement because the cable companies have very low compliance in terms of taxation etc. So, they always keep the ARPU low in the market.

Q: High definition, what is the subscription level? How is it growing? How do you see ARPUs over there?

A: The ARPUs are quite good. ARPUs are over Rs 400 on the high definition. The category so far, all DTH player put together, is around 400,000. Dish TV is having only 125,000 subscribers. But the TV manufacturers are expecting and are gearing up for selling almost 70% of their television next year as a high definition television.

Same is on the broadcasting side. They are gearing up to add more high definition channel, high definition programming. So far, the only infotainment and the sports have been available in high definition. But GEC channels are also gearing up to provide high definition.

Dish TV has acquired the satellite to accommodate about 40 channels in high definition. Our readiness is there to assert to benefit from the high definition movement, when it will come.

Q: When do you expect to turn into the green?

A: Even in Q2 we had a target to be neutral, atleast to come in black. But we had a two exceptional items— Rs 18 crore of the selling expenses and the mark to market.
http://www.moneycontrol.com/news/results-boardroom/dish-tv-expects-to-add-3-million-subscribersfy12_601848-1.html

 

[Karthik]

Good going dishtv. But they have to big bang on adding hd channels.

 

[Bapun]

yes dish tv has first come in india as a dth so they are rocking from that day.

 

[Ravi budhwar]

Ya dish tv have launched first that's why they are no.1 but one thing is still that dth's companies still in loss