Dish TV rallies 4% as Q2 net profit rose to Rs 70.1 crore
The DTH operator has added 259,000 new subscribers during the quarter, taking its net subscriber base at 15.1 million.
By ETMarkets.com |
NEW DELHI: Shares of Dish TV rallied over 4 per cent to Rs 99 in muhurat trading on Sunday after the leading Indian direct-to-home (DTH) player posted a net profit of Rs 70.1 crore for the quarter ended September 30, 2016, down 19.4 per cent from Rs 86.9 crore in the year-ago period.
The DTH operator has added 259,000 new subscribers during the quarter, taking its net subscriber base at 15.1 million.
Consolidated subscription revenues of Rs 728.8 crore, up 11.9 per cent Y-o-Y and operating revenues of Rs 779.3 crore, up 9.6 per cent.
Ebitda for the quarter stood at Rs 264.2 crore, compared to Rs 255 crore in the corresponding quarter last fiscal. Ebitda margin stood at 33.9 per cent.
The DTH operator has added 259,000 new subscribers during the quarter, taking its net subscriber base at 15.1 million.
Consolidated subscription revenues of Rs 728.8 crore, up 11.9 per cent Y-o-Y and operating revenues of Rs 779.3 crore, up 9.6 per cent.
Ebitda for the quarter stood at Rs 264.2 crore, compared to Rs 255 crore in the corresponding quarter last fiscal. Ebitda margin stood at 33.9 per cent.
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