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Q2-17: Dish TV adds 2.59 lakh subscribers

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BENGALURU: Indian direct to home (DTH) company Dish TV India Limited (Dish TV) has reported growth across important financial and operational parameters including operating revenues (TIO) , EBIDTA and subscription numbers. The company reported addition of 2.59 lakh net subscribers for the quarter ended 30 September 2016 (Q2-17, current). It closed the quarter with 151 lakh subscribers. Average revenue per user (ARPU) for Q2-17 was Rs 162 in the current quarter versus Rs 161 in the corresponding year ago quarter..

Dish TV reported 11.9 per cent higher y-o-y subscription revenue of Rs 728.8 crore for Q2-17, as compared to Rs 651.4 crore. Operating revenue in the current quarter increased 9.6 per cent y-o-y to Rs 779.6 crore from Rs 711.2 crore in the corresponding quarter of the previous year. (Refer Note 2.1 and 2.2 below)

Segment Revenue

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Three segments contribute to Dish TV’s numbers – DTH; Infra Support Services; and ‘Others’.

DTH segment revenue in Q2-17 declined 14.2 per cent to Rs 509.55 crore from Rs 594.16 crore in Q2-16. The segment reported 15.5 per cent lower operating profit in the current quarter at Rs 86.43 crore as compared to Rs 102.24 crore in the corresponding year ago quarter.

Infra Support services segment reported 13.7 higher y-o-y revenue of Rs 280.65 crore in Q2-17 vis-à-vis Rs 246.91 crore in Q2-16. The segment’s operating profit declined 39.3 per cent in the current quarter to Rs 12.30 crore from Rs 20.26 crore in the corresponding year ago quarter.

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‘Others’ segment revenue increased 3.5 per cent in Q2-17 to Rs 5.59 crore from Rs 5.40 crore in Q2-16. The segment’s operating profit grew 5.3 per cent in the current quarter to Rs 2.80 crore from Rs 2.6 6 crore in Q2-16.

A look at the other numbers reported by Dish TV

Dish TV reported PAT of Rs. 70.1 crore in Q2-17, down 19.4 per cent as compared to Rs 87 crore in Q2-16.

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EBIDTA in the current quarter increased 3.6 per cent to Rs 264.2 crore from Rs 255 crore in Q2-16.

Expense in the current quarter increased 12.9 per cent y-o-y to Rs 51.51 crore from Rs 456.2 crore. Employee Benefits Expense increased 23.1 per cent y-o-y to Rs 36.4 crore from Rs 29.58 crore. Other operating expenses in the current quarter declined 30.8 per cent to Rs 70.14 crore from Rs 101.30 crore in Q2-16..

Licensing fees in the current quarter increased 1.3 per cent to Rs 54.52 crore from Rs 53.81 crore in Q2-17. Programming/Content and other costs in Q2-17 increased 17.4 per cent to Rs 238.92 crore from Rs 203.54 crore in Q2-16.

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Dish TV managing director Jawahar Goel said, “Torrential rains in many parts of the country often force consumers to defer buying a new DTH connection while the existing ones may delay recharging if the going gets too tough. Both sales and recharge however normalize subsequently if the festival season hits early. Targeting phase 3 & 4 markets, our subscriber additions during the quarter remained in-line with expectations.”

Expressing his views on the regulatory developments, Goel, said, “While the draft Regulations have been formulated with an intention of subscriber welfare, there are certain omissions, optimistic presumptions as well as unanswered questions that would hopefully be addressed once the final orders see the light of the day. We appreciate the spirit of transparency and non-discrimination that have been the guiding force behind these draft orders and hope that DTH would soon get the level playing field that it has been seeking. Restrictions placed on carriage fees should go a long way in correcting the industry macro environment.”

“We continue to remain positive about other regulatory interventions including the proposed new license regime for the DTH sector and the impending nationwide roll-out of Goods and Services Tax (GST). The centre proposing 12 per cent and 18 per cent as the standard rates for majority of the taxable goods is a welcome step,” he added.

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Discussing the results, Goel said, “Healthy subscriber additions led to a 11.9% y-o-y growth in subscription revenues. EBITDA margin was 33.9 per cent. Net Profit for the quarter was Rs. 701 million (Rs 70.1 crore) and positive Free Cash Flow was Rs. 791 million (Rs 79.1 crore).”

Notes:The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
(a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
(b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

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DTH

DD Free Dish e-auction revenue dips to Rs 642 crore as slot sales fall

Revenue dips as revised norms reshape bidding in 94th round

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NEW DELHI: Prasar Bharati’s DD Free Dish has closed its 8th annual, and 94th overall, e-auction for MPEG-2 slots with total collections of Rs 642 crore for the period April 1, 2026 to March 31, 2027.

That is lower than last year’s Rs 780 crore haul, with 55 slots sold compared with 61 in FY25–26. The softer topline reflects both a slimmer inventory and a recalibrated auction framework.

This was the first auction conducted after amendments to the e-auction methodology, including tighter eligibility norms and a revised reserve price structure for MPEG-2 slots. The stated aim was greater transparency and more serious participation. The immediate outcome appears to be more measured bidding in certain categories.

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Day one set the tone. Eight slots were sold, six in the premium Bucket A+ and two in Bucket A. The strong early action in A+, which typically houses Hindi GECs and movie channels, reaffirmed the enduring appeal of mass Hindi programming on the platform.

Among the broadcasters securing slots in the initial rounds were Zee Entertainment Enterprises, Sony Pictures Networks India, Viacom18’s Colors network, Sun Network and Shemaroo Entertainment. Their continued presence signals that, despite the pull of digital platforms, Free Dish remains a strategic must have for legacy networks chasing scale in price sensitive markets.

The final bouquet of 55 channels leans heavily towards Hindi news, movies, devotional fare, Bhojpuri and regional programming.

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In Hindi news, familiar heavyweights such as Aaj Tak, ABP News, India TV, News18 India, Republic Bharat and Zee News made the cut. Entertainment and movie offerings include Colors Rishtey, Star Utsav, Dangal TV, Sony Pal, Shemaroo TV, Goldmines, B4U Movies and Zee Biskope. Devotional viewers will find Aastha, Sanskar and Sadhna Gold among the selected channels.

Regional representation includes Sun Marathi, Fakt Marathi, PTC Punjabi and GTC Punjabi.

Equally telling were the absences. Broadcasters such as Big Magic, Filamchi Bhojpuri, India News, Bharat Express, Movieplex Maithili, TV9 Marathi, Shemaroo Marathibana, Zee Chitra Mandir and Satsang did not participate. The pullback is particularly visible across Marathi, Bhojpuri, Maithili and spiritual programming. Industry observers point to the revised reserve prices, tighter eligibility norms and a reassessment of commercial viability as possible factors.

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DD Free Dish continues to beam into over 40 million homes, largely in rural and semi urban India. For advertisers and broadcasters alike, it offers efficient access to Bharat markets where pay TV penetration remains uneven and OTT subscriptions are limited.

The moderation in revenue this year may be read as a pause rather than a retreat. Fewer slots, a reworked auction playbook and evolving broadcaster strategies have clearly shaped outcomes. Yet premium Hindi entertainment retains its pull, and the platform’s mass reach remains hard to ignore.

As the FY26–27 line-up settles in, the mix of winners and walkaways will define the private satellite channel landscape on DD Free Dish for the year ahead.

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