Dish TV Q4 Net Loss Down 31% On Higher Revenues; FY09 Losses Widen By 16%

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Dish TV India Ltd, India’s largest direct-to-home service provider by subscribers, today said net loss for the quarter ended 31 March was down 31% y-o-y at Rs78.66 crore on higher revenues. Total income grew 51% y-o-y to Rs207.13 crore. For the fiscal ended 31 March, consolidated net loss widened by 16% to Rs480.69 crore.

The company said it added 2.09 million subscribers during the fiscal under review. The total subscriber base was 5.07 million as on 31 March. The company claimed a 42% share of the DTH market.

“In the present environment, Dish TV has delivered a strong performance in terms of revenue growth and has further consolidated its leadership position in a much more competitive scenario,” chairman Subhash Chandra said in a statement.

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