Summary:

Direct-to-home service provider Dish TV today posted a net loss of Rs56.13 crore for three months ended 30 September, down 63% year-on-year…

Direct-to-home service provider Dish TV today posted a net loss of Rs56.13 crore for three months ended 30 September, down 63% year-on-year on a nearly 50% growth in sales. Revenues for the first half of the fiscal were at Rs504.18 crore, up 49% y-o-y.

During the quarter under review, the company added 0.41 million subscribers at an average acquisition cost of Rs2,635. Average revenue per user slipped to Rs139 from Rs142 during the previous quarter.

The company’s gross subscriber base was at 5.9 million at the end of 30 September.

2Q 2009 2Q 2008
EPS -Rs0.71 -Rs3.60
Net Income -Rs56.13 crore -Rs154.11
Revenue Rs257.49 crore Rs173.29 crore

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