Dish India sees record profits
July 11, 2018
By Chris Forrester
The merged Dish TV India and Videocon d2h business turned in record revenues for the quarter-year to June 30th, with profit after tax rising four-fold.
The two businesses were officially merged only on March 22nd 2018, so quarter-on-quarter comparisons are not entirely possible, but the company itself reported net subscriber growth of 301,000 (to a total of 27.35 million) and an 8 per cent q-o-q increase in operating revenues for the three months.
Revenues were also helped higher HD subscriber numbers, as well as lowered discounts and a price rise for subscribers.
Dish says that 44 per cent of all new subscribers were taking HD packages, and that HD subs were now 17 per cent of the total subscriber base. ARPU grew slightly during the quarter from Rupees 201 to Rs 214 ($3.11 per month).