Dish TV India, the Direct-to-home (DTH) leader, reported a profit after tax (PAT) of Rs 152.7 crore in the December quarter of fiscal 2019. The company recorded consolidated subscription revenues at Rs 1,412.6 crore and operating revenues at Rs 1,517.4 crore. Earnings before interest, tax, depreciation and amortisation (Ebitda) for the third quarter was up 4% on-year at Rs 517.6 crore. An early believer of the tariff order, Dish TV India was the first in the industry to partially and voluntarily roll-out the provisions by offering a-la-carte channels to its subscribers at affordable prices. Jawahar Goel, chairman and managing director, Dish TV India Ltd, said, “I am glad that all opposition to the Tariff Order has now finally been put to rest.
Source: dna February 06, 2019 00:00 UTC