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.
Dish TV India on Tuesday reported a consolidated net loss of Rs 1.56 crore for June quarter 2024-25 impacted by a decline in subscription revenue. The direct-to-home firm had reported a net profit of Rs 20.54 crore in April-June FY24, according to a regulatory filing from Dish TV. Revenue from operation was down to Rs 455.29 crore from Rs 500.16 crore. Total expenses declined 2.71 per cent to Rs 462.56 crore. The expenses include cost of goods and services, personnel cost and other expenses. In the June quarter, Dish TV's subscription revenues were at Rs 306.2 crore as against Rs 397.4 crore in the corresponding period a year ago. However, advertising revenue was up 7.2 per cent to Rs 9.7 crore in the June quarter. Income from marketing and promotional fees also went up by 59.2 per cent to Rs 130.7 crore in the June quarter. Operating revenue was also lower at Rs 455.3 crore as against Rs 500.2 crore a year ago. Dish TV's operating revenue includes subscription revenues, marke
The Nifty Media index has shed 15 per cent so far in 2024 and is the sole index trading below the 200-DMA on the NSE. Chart suggests better days are likely ahead.