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Tata Play, formerly known as Tata Sky, has reported widening of consolidated loss to Rs 529.43 crore for FY25, as it competes with other DTH operators including DishTV, Airtel Digital TV, and DD Free Dish. The company had incurred a net loss of Rs 353.88 crore in FY24. Revenue from operations declined 5.15 per cent to Rs 4,082.5 crore in FY25. Reasons for the company's widening loss could not be immediately known. Total income, which includes other income, was also down 5.03 per cent to Rs 4,109.3 crore in last financial year, according to financial data accessed by business intelligence platform Tofler. Tata Play's advertising promotional expenses were down 29.2 per cent to Rs 124.28 crore in FY25, as against Rs 175.54 crore a year before. Total expenses were 3 per cent lower at Rs 4,619.22 crore. However, the company reduced its net debt to Rs 3,445.60 crore in FY25 from Rs 4,010.21 crore a year ago. As of March 31, 2025, Tata Sons is the largest shareholder in the company with
Leading DTH system operator Tata Play has reported a net loss of Rs 105.25 crore for the fiscal ended March 2023, according to financial data accessed by the business intelligence platform Tofler. The company reported a net profit of Rs 68.6 crore in FY22, as per the data. Its revenue from operations slipped 5.1 per cent to Rs 4,499.19 crore from Rs 4,741.07 crore a year ago. Tata Play (earlier knowns as Tata Sky) is not a publicly listed entity. However, it has earlier this year received approval from the capital market regulator Securities and Exchange Board of India (Sebi) to raise funds through initial public offerings (IPOs). The total expenses of Tata Play stood at Rs 4,691.25 crore in 2022-23. The total income of Tata Play, a JV between Tata Group and Rupert Murdoch-owned 21st Century Fox, fell 5 per cent to Rs 4,529.97 crore. Its total liabilities declined to Rs 8,658.22 crore in FY23 from Rs 9,198.1 crore in FY22. Its borrowings in FY23 rose to 2,787.35 crores from Rs
Leading direct-to-home operator TataSky has recaptured its pre-COVID-19 levels in terms of installation of new connections, a top company official has said. The company, which operates in both DTH as well as OTT segments through its bundling service Binge, said the TV viewing time has gone up after the lockdown. According to Tata Sky managing director and CEO Harit Nagpal, DTH and OTT are going to co-exist with both of them offering unique content. "Both have their own place as they serve mutually exclusive and unique content and one does not substitute the other," Nagpal told PTI. On being asked as to whether the average revenue per user from the DTH business would be impacted as consumption of OTT on large screen trough smart TV is on the rise, he said: "We have not seen one platform suffering at the cost of the other". "TV is a platform that is consumed by the whole family and there will always be someone in the household who will have something that he likes to watch on live T