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Dish TV eyes 1.7 million net subscribers in FY16

22 Jun 2015 Evaluate

Direct-to-Home service provider Dish TV is looking to add up to 1.7 million net subscribers in FY16. The company added 1.5 million net subscribers in 2013-14. The Zee Group firm currently enjoys 26% market share with 12.9 million net subscribers. Further, the company had a capex of Rs 700 crore last fiscal.

Dish TV posted a standalone net profit of Rs 1.01 crore for the year ended March 31, 2015 as compared to net loss of Rs 154.21 crore in FY14. Total Income increased from Rs 2,575 crore the previous fiscal to Rs 2,836.32 crore in FY15.

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