Q3-17: Airtel Digital TV segment numbers up

[rahul1117kumar]

Airtel’s Digital TV Services segment (DTH segment) reported 17.7 percent year-over-year (y-o-y) increase in operating revenues for the quarter ended 31 December 2016 (Q3-17, current quarter). Also, Operating Profit (Earnings Before interest and Tax – EBIT) of the DTH segment in the current quarter increased 27.1 percent year-over-year (y-o-y).

Airtel DTH reported revenues of Rs 873.5 crore in Q3-17 and Rs 742.2 crore in Q3-16. EBIT for the corresponding periods was Rs 68.4 crore (7.8 percent margin of the segment’s operating revenue) and Rs 53.8 crore (7.2 percent margin of the segment’s operating revenue), respectively.

EBIDTA in Q3-17 also increased y-o-y – by 22.3 percent to Rs 302.6 crore (34.6 percent margin of the segment’s operating revenue) in the current quarter from Rs 247.4 crore (33.3 percent margin of the segment’s operating revenue).

Subscription numbers, ARPU

Airtel’s DTH segment added 14.82 lakh subscribers between Q3-16 and Q3-17, or a 17.3 percent y-o-y increase. It had 125.88 lakh subscribers as on 31 December 2016. Q-o-q, the segment witnessed a 1.5 percent growth (1.83 lakh adds) in subscribers from 124.05 lakh in Q2-17.

ARPU in Q3-17 increased to Rs 232 from Rs 229 in the corresponding year ago quarter, but remained flat q-o-q as compared to the immediate trailing quarter.

Airtel numbers

Bharti Airtel Limited saw a 3 percent decline in operating revenue to Rs 23335.7crore in Q3-17 as compared to Rs 24065.9 crore in Q3-16. Profit after tax (PAT) in the current quarter declined to less than half (declined by 54.5 percent) y-o-y to Rs 504 crore (2.2 percent margin) from Rs 1,108 crore (4.6 percent margin). The company attributes decline in profits to net interest costs of Rs 1,810 crore that have risen from Rs 1,360 crore in the corresponding quarter last year largely due to increased spectrum related interest costs. Further, forex and derivative losses for the quarter came in at Rs 126 crore compared to Rs 57 crore in the corresponding quarter last year as well as exceptional items net losses of Rs 114 crore.

Q3-17: Jio affects Airtel revenue; Digital TV segment numbers up | Indian Television Dot Com

 

[akshayprabhu]

Well... Airtel should thank all the users who opted for infinity arp pack in December '16 in the first place. And then there are all the new users and renewals as usual 

:shy :shy :tup :tup :win :win

 

[SarFa]

MUMBAI: Demonetisation of Rs 1,000 and Rs 500 currency notes has impacted DTH operator Airtel Digital TV as well. The October-December quarter has seen the slowest subscriber addition for Airtel Digital TV since the last five quarters.

Airtel Digital TV’s EBITDA has also remained flat at Rs 302.6 crore in the fiscal third quarter compared to Rs 303 crore in the preceding quarter. EBITDA margin stood at 34.6% compared to 35.5%.

EBIT in the quarter ended 31 December 2016 dropped to Rs 68.4 crore from Rs 69.9 crore in the previous quarter.

Operating free cash flow during the quarter was at Rs 37.6 crore compared to Rs 48.8 crore in the quarter-ago period.

Airtel Digital TV’s total revenue rose to Rs 873.5 crore from Rs 854.5 crore in the trailing quarter.

The DTH operator incurred a capital expenditure of Rs 265 crore in the fiscal third quarter.


Q3 subscriber additions muted

Airtel Digital TV added 183,000 net subscribers, thus taking its total subscriber base to 12.58 million. In the previous quarter, it had added 256,000 net subscribers, which was its highest in the last four years.

In the first quarter of the fiscal year, the DTH operator had 424,000 subscribers, which was again its best Q1 in the last four years. The net subscriber additions in Q3 and Q4 of FY16 were 619,000 and 530,000, respectively.

Churn and ARPU

Monthly churn stood at 1.3% compared to 1.2% in the trailing quarter.

Average revenue per user (ARPU) remained flat at Rs 232.

Airtel Digital TV offers a total of 535 channels including 55 HD channels, six international channels and five interactive services.

Airtel Digital TV sees slowest subs growth in last 5 quarters; EBITDA stays flat | TelevisionPost.com

 

[prajasingham]

Well... Airtel should thank all the users who opted for infinity arp pack in December '16 in the first place. And then there are all the new users and renewals as usual 

:shy :shy :tup :tup :win :win

If the revenue and users are up because of infinity pack then the result of 1st quarter of 2017 should be low unless ADT comes up with another scheme by February End. Lets wait and see. :huh