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Dish TV Q1 FY16 EBITDA margin up by 32.1%

Dish TV Q1 FY16 EBITDA margin up by 32.1%

Author | exchange4media News Service | Tuesday, Jul 28,2015 3:40 PM

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Dish TV Q1 FY16 EBITDA margin up by 32.1%

Dish TV India Limited reported first quarter fiscal 2016 consolidated operating revenues of Rs. 7,367 million, up 19.2% Y-o-Y and subscription revenues of Rs. 6,828 million, up 20.6% Y-o-Y. EBITDA for the quarter stood at Rs. 2,368 million compared to Rs. 1,565 million in the corresponding quarter last fiscal. EBITDA margin recorded at 32.1% compared to 25.3% in the corresponding quarter last fiscal. Profit after Tax (PAT) for the quarter was Rs. 542 million compared to a loss of Rs. 150 million in the corresponding quarter last fiscal.

Below are the highlights of the results:

·  Dish TV added 390 thousand net subscribers during the quarter. Total subscriber base of 13.3 million at the end of the period.

·  With effect from April 1, ‘15, Dish TV has started netting-off certain collection fees paid to its trade partners from its topline. This has resulted in the company’s topline getting shrunk by around 4%, with a similar number being decreased from the middle line. The values for the prior comparative periods have also been recast to reflect the same.

·  Operating revenues of Rs. 7,367 million recorded a growth of 19.2% over the corresponding quarter last fiscal.

·  Post consolidation, Average Revenue per User (ARPU) at Rs. 173 vs. Rs. 172 (like-to-like) in Q4 FY15. ARPU however would have been Rs. 180, as compared to Rs. 179 in Q4 FY15, without the effect of consolidation.

·  EBITDA of Rs. 2,368 million higher by a significant 51.3% over the corresponding quarter last fiscal. EBITDA margin at an all-time high of 32.1%.

Tags: Dish TV

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