Dish TV India Faces Revenue Decline as Subscription Numbers Drop

Dish TV India reported a consolidated net loss of Rs 1.56 crore for June quarter 2024-25, driven by a decline in subscription revenue. Operating revenue decreased to Rs 455.3 crore, while advertising and marketing income saw an increase. Shares fell 2.67% after the report.

Dish TV India reported a consolidated net loss of Rs 1.56 crore for the June quarter of 2024-25, citing a decline in subscription revenue as the primary factor. This is a notable drop from the net profit of Rs 20.54 crore in the April-June period of the previous fiscal year, according to a recent regulatory filing.

The direct-to-home service provider experienced a decrease in revenue from operations, which fell to Rs 455.29 crore from Rs 500.16 crore. However, the company's total expenses also saw a decline of 2.71%, amounting to Rs 462.56 crore. These expenses include costs related to goods and services, personnel, and other miscellaneous factors.

Dish TV's subscription revenues dropped to Rs 306.2 crore, down from Rs 397.4 crore in the same quarter a year ago. Despite this, advertising revenue rose by 7.2% to Rs 9.7 crore, and income from marketing and promotional fees surged by 59.2% to Rs 130.7 crore. Shares of Dish TV India Ltd ended Tuesday at Rs 14.58 per share on the BSE, down 2.67% from the previous close.

(With inputs from agencies.)