Dish TV post Rs 28 cr Q4 loss, subscription revenue falls 11%

Company adds 165,000 users, but revenues fall due to absence of a major cricketing event

Direct-to-home operator Dish TV India reported consolidated subscription revenues of Rs 620.5 crore and operating revenues of Rs 708.5 crore for the fourth quarter fiscal 2017. EBITDA for the quarter stood at Rs 190.5 crore compared to Rs 260.8 crore in the corresponding quarter last fiscal. EBITDA margin was recorded at 26.9 per cent compared to 32.6 per cent while net loss for the quarter was Rs 28.3 crore (including deferred tax assets of Rs 13 crore) as against net profit of Rs 482.8 crore (including deferred tax assets of Rs 436 crore) in the corresponding quarter last fiscal.

Subscription revenues