After the big fall in FY17 due to demonetisation, direct to home (DTH) Tata Sky’s net profit has seen a surge in FY18. The company’s net profit has zoomed to Rs 408 crore for the fiscal ended March 2018 as against Rs 8 crore in the previous fiscal.
PAT margin saw an improvement at 7.1% compared to 0.1% in the year-ago period. In FY17, the company’s net profit had tanked 90% to Rs 8 crore compared to Rs 80 crore in FY16.
Tata Sky’s FY18 net profit zooms to Rs 408 cr
PAT margin saw an improvement at 7.1% compared to 0.1% in the year-ago period. In FY17, the company’s net profit had tanked 90% to Rs 8 crore compared to Rs 80 crore in FY16.
Tata Sky’s FY18 net profit zooms to Rs 408 cr