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Dish TV sees volatile trading post Sep qtr earnings

Press Trust of India  |  New Delhi 

of direct-to-home operator Dish witnessed volatile trading on the bourses after the company reported a consolidated net loss of Rs 17.87 crore for the September quarter.

of the company opened on a weak note at Rs 79.15 and touched an early low of Rs 78.30. Later the stock rallied to a high of Rs 81.35 amid volatile trade on

On the as well, the stock opened at Rs 79.40, then touched an intra-day high of Rs 81.50 and a low of Rs 78.20.

The company had posted a net profit of Rs 68.96 crore in the July-September quarter a year ago.

Its 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 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.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, December 06 2017. 10:55 IST