Dish TV is focusing on expanding its revenue stream, said Manoj Dobhal
The government should immediately implement sectoral regulator TRAI's recommendation to reduce the licensing fee from the current 8 per cent to 3 per cent of Adjusted Gross Revenue (AGR), said Dish TV CEO Manoj Dobhal on Thursday. He urged the Ministry of Information & Broadcasting (MIB) to act swiftly as it can drive long-term sustainability and growth of the DTH industry, which is currently struggling. "Implementing TRAI's recommendations will unlock greater investment, foster innovation, and improve consumer access to quality services. A forward-looking regulatory approach is crucial for ensuring a competitive and thriving Pay TV ecosystem. We urge the MIB to expedite these much-needed reforms to support the industry's evolution in an increasingly digital landscape," Dobhal told PTI. On February 21, TRAI to ease the financial burden on DTH operators, the Telecom Regulatory Authority of India (TRAI) has recommended a reduction in the authorisation fee from the current eight per .
Direct-to-home firm Dish TV India Ltd on Wednesday reported a consolidated net loss of Rs 37.38 crore in the September 2024 quarter. The company posted a net profit of Rs 5.41 crore in the July-September quarter a year ago, according to a company filing. Its revenue from operations was down 17.43 per cent to Rs 395.62 crore in the September quarter. It stood at Rs 479.15 crore in the corresponding quarter a year ago. Dish TV's total expenses in the September quarter declined 6.43 per cent to Rs 437.97 crore. Its expenses include the cost of goods and services, personnel cost and other expenses. Total income of Dish TV, which includes other income, in the September quarter was down 17.55 per cent to Rs 400.59 crore. Shares of Dish TV India Ltd settled at Rs 11.77 per scrip on the BSE, down 3.29 per cent from the previous close.