gubbimari
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Videocon d2h to turn PAT positive for full fiscal; eyes 2.5 mn gross subs in FY17
MUMBAI: Videocon d2h, the DTH arm of Videocon Group, is eyeing full-fiscal profitability at the net level in 2016–17. The Nasdaq-listed company, which reported maiden quarterly net profit in the three-month period ended 30 June 2016, has also guided for free cash flow breakeven, assuming subscriber additions are in line with the current growth. Videocon d2h expects to achieve a gross subscriber addition of at least 2.5 million for the entire fiscal.
Read more at: Videocon d2h to turn PAT positive for full fiscal; eyes 2.5 mn gross subs in FY17 | TelevisionPost.com | TelevisionPost.com
MUMBAI: Videocon d2h, the DTH arm of Videocon Group, is eyeing full-fiscal profitability at the net level in 2016–17. The Nasdaq-listed company, which reported maiden quarterly net profit in the three-month period ended 30 June 2016, has also guided for free cash flow breakeven, assuming subscriber additions are in line with the current growth. Videocon d2h expects to achieve a gross subscriber addition of at least 2.5 million for the entire fiscal.
Read more at: Videocon d2h to turn PAT positive for full fiscal; eyes 2.5 mn gross subs in FY17 | TelevisionPost.com | TelevisionPost.com
