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Dish TV Q2 net loss at Rs 18 crore

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Press Trust of India New Delhi
Direct-to-home operator Dish TV today reported a consolidated net loss of Rs 17.87 crore for the second quarter ended September 30, 2017.

The company had posted a net profit of Rs 68.96 crore in the July-September quarter a year ago, Dish TV said in a BSE filing.

Its revenue from operations came down 3.93 per cent to Rs 748.58 crore during the quarter under review as against Rs 779.28 crore a year earlier.

Total expenses were at Rs 783.47 crore, up 5.97 per cent, as against Rs 739.31 crore.

"Average revenue per user (ARPU) strengthened to Rs 149 while churn rate recovered to close at slightly less than 0.8 per cent per month," the company said.
 

Shares of Dish TV today settled at Rs 80.45 on BSE, up 1.58 per cent, from previous close.

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First Published: Dec 05 2017 | 5:45 PM IST

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