Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
Leading DTH operator Tata Play (erstwhile known as Tata Sky) has reported widening of its consolidated loss to Rs 353.9 crore, as revenue from operations declined 4.32 per cent to Rs 4,304.62 crore in the financial year ended March 31, according to financial data accessed by business intelligence platform Tofler. In FY23, the company had reported a net loss of Rs 105.25 crore and its revenue from operations stood at Rs 4,499.19 crore. Total expenses of Tata Play, in which Tata Sons now owns 50 per cent share, has increased 1.47 per cent to Rs 4,760.55 crore in FY24. Earlier, it stood at Rs 4,691.25 crore for the financial year ended in March, 2023. Tata Play's total revenue in FY24 also declined 4.47 per cent to Rs 4,327.07 crore. Earlier, the total revenue was at Rs 4,529.97 crore a year ago. On a standalone basis, Tata Play's revenue from operations also declined 6.07 per cent to Rs 3,982.57 crore for the financial year ended on March 31, 2024. It was at Rs 4,240.04 crore in ...
Direct-to-home (DTH) service provider Tata Play on Monday said it has started beaming of television channels from its dedicated GSAT-24 satellite which it has leased from Indian space agency ISRO. GSAT-24 was specifically launched for Tata Play (earlier knows as TataSky) in June last year, which will help increase its carrying capacity to 900 channels and cover the length and breadth of the country including far-flung places like Andaman Nicobar and Lakshsdweep islands. After the launch, ISRO took time to place the satellite in the desired slot of 36,000 kilometre geosynchronous orbit. The satellite was first tested by Indian Space Research Organisation (ISRO) and handed over to Tata Play, which carried out its own tests. Commenting over the development, MD & CEO Harit Nagpal said this will help Tata Play carry 900 channels, including the regional channels and Gyanwani channels, which would be launched by the government. "This will help Tata Play to carry 900 channels from the ...
How do you grow if you find yourself in a commoditising industry characterised by similar offerings? The answer, TataSky believes, is in forging an emotional connect with the consumer