Dish TV eyes net profit & 3.5 mn subs in FY '12

Bapun Raz

Staff member
Administrator
Joined
3 Nov 2010
Messages
30,746
Reaction score
49,014
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.

http://www.indiantelevision.com/headlines/y2k11/may/may174.php
 
Thread starter Similar threads Forum Replies Date
JitendraKumar DTH Updates Dish TV to deploy Rs 1200 cr Capex in FY19; eyes 1.3 mn net subs addition Dish TV 0
Thakur Dish TV eyes 1.7 mn net subscriber adds in FY16; capex at Rs 7.5 bn Dish TV 0
Basil Doordarshan eyes tie-up to share content through Free Dish DD Free Dish 1
Ashwani Jindal India Has Pay 269 Channels; DD Free Dish eyes 250 Channels TV Channels News 4
DreamDTH.com Article DD Free Dish to hold 49th Online E-Auction for allotment of vacant MPEG-4 slots DreamDTH Articles Discussions 0
DreamDTH.com Article Dish TV’s Watcho launches interactive Quiz contest ‘Watcho Aur Jeeto’ for its subscribers DreamDTH Articles Discussions 0
K Seeking Help DD FREE DISH IN KARNATAKA DD Free Dish 5
Deep.S Good News "Zee Vajwa" added on Dish TV Dish TV 4
VMDishHD Unbelievable Dish TV Change New Packages Price Dish TV 5
A Breaking Songdew music channel added dish tv Dish TV 6
yashwanth05852 Sad News 15 channels will be removed soon from dish tv Dish TV 29
Deep.S Sad News 2 HD & 3 SD Channels Removed from Dish TV Dish TV 7
Mylanji Seeking Help Dish TV showing blank screen DTH Support & Comparisons 2
T Seeking Help Need 6feet C band dish C Band & KU Band Reception 1
K Discussion Calculator Prime focus Dish Satellite Dish Setup 1
Deep.S Good News 3 Channels Removed from DD Free Dish DD Free Dish 4
Deep.S Good News "India News" added on DD Free Dish DD Free Dish 0
Deep.S Sad News "DD News HD" Removed from DD Free Dish DD Free Dish 6
Deep.S Good News "DD India HD" added on DD Free Dish DD Free Dish 19
yashwanth05852 Dish TV celebrating 17th anniversary Dish TV 5
N Breaking Dish Tv added India News Haryana Dish TV 0
P DTH Updates Zee Plex added by Dish TV Dish TV 9
Johny Possible satellites in Ku dish C Band & KU Band Reception 3
DreamDTH.com Article Prasar Bharati to hold 48th E-Auction for allotment of vacant MPEG-2 slots on DD Free Dish DreamDTH Articles Discussions 0
Abhinav842 Discussion DD Free Dish 48th e-Auction DD Free Dish 60

Similar threads

Top Bottom
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock