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Dish TV posts Rs 1,361.3 cr loss in Q4FY19, subscription revenue drops 5%

For the fiscal ended March 31,2019, Dish TV reported subscription revenues of Rs 6166.1 cr, up 33.1% from FY18's Rs 4634.2 cr

Dish TV

Direct-to-home (DTH) service provider Dish TV India Limited reported consolidated subscription revenues of Rs 1308.3 crore and operating revenues of Rs 1398.7 crore for the fourth quarter of fiscal year 2018-2019 (Q4FY19). Subscription revenue dropped by 5 per cent year on year, while operating revenue fell 8.7 per cent year on year. EBITDA for the quarter stood at Rs 415.0 crore, up 3.6 per cent from Rs 400.6 crore last fiscal. The company reported a loss of Rs 1,361.3 crore, as compared to a profit of Rs 118.2 crore in the same quarter last fiscal. The loss was a result of an ...