DTH service provider Dish TV narrowed its June quarter losses to Rs 63.17 crore from Rs 69.20 crore in the same period last year.
Total income of the company increased 23.35 per cent to Rs 304.30 crore for the first quarter of 2010-11 from Rs 246.68 crore for the corresponding period last fiscal, Dish TV said in a statement here today.
Dish TV added 0.64 million subscribers during the first quarter, at an average subscriber acquisition cost of Rs 2,147 compared to Rs 2,383 in the previous quarter.
"With this, the net subscriber base stood at 6.2 million as on June 30, 2010. The total market share stood at over 33 per cent in a six-operator market scenario," the statement said.
The total DTH subscriber base in the country at the end of the first quarter stood at an estimated 23 million.
The (DTH) category added 2.5 million subscribers in the first quarter of the current fiscal, moving closer to becoming the largest DTH market globally in terms of subscribers while maintaining its leadership position, Dish TV Chairman Subhash Chandra said.
The company remains focused on improving operating margins and target bottom-line profitability going forward, he added.
"Growth in subscriber numbers triggered operating leverage thus significantly reducing content cost as a percentage of revenues to a new low of 40 per cent," Jawahar Goel, Managing Director, Dish TV said.
The average revenue per user (ARPU) for the quarter was marginally up at Rs 139, he added.
