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Dish TV Q3 loss at Rs 2.87 crore

Company had suffered a standalone net loss of Rs 38.25 crore for the October-December quarter of the last fiscal

Press Trust of India New Delhi
Direct-to-home (DTH) service provider Dish TV India reported a standalone net loss of Rs 2.87 crore for the quarter ended December 31, 2014.

The company had suffered a standalone net loss of Rs 38.25 crore for the October-December quarter of the last fiscal.

Dish TV's net sales in the quarter under review stood at Rs 711.22 crore as against Rs 609.73 crore in the same quarter a year ago, the company said in a filing to the BSE.

The company said that its third quarter results were not comparable with the previous one as it was changing the consumer premises equipment (CPE) activated on or after April 1, 2012.
 

"Since the correction was carried out during the quarter ended March 31, 2014, the figures for the quarter and nine months period ended December 31, 2013 are not comparable," the company.

Shares of Dish TV closed up by 4.5 per cent at Rs 74.35 on the BSE.

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First Published: Jan 22 2015 | 4:06 PM IST

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