Direct-to-home (DTH) player Dish TV has added 0.51 million net subscribers in Q4FY16, taking its overall net subscriber base to 14.5 million. The company claims that it has achieved its fiscal target of 1.5 million net additions.
For the quarter ended 31 March, 2015, the company has posted a consolidated net profit of Rs 482.8 crore due to a tax reversal of Rs 436 crore in the quarter. The DTH operator also saw its average revenue per user (ARPU) increase by Rs 2 to Rs 174 in Q4 FY16, mainly on the back of a price hike across most of its packs in North and South India by around 4-8% effective March 22, 2016.
Dish TV is India’s largest direct-to-home company and part of the biggest media conglomerate - Zee Group. Dish TV has on its platform 400+ channels and services including 21 audio channels with over 14.5 million subscribers.
Company Name | CMP |
---|---|
Zee Entertainment | 133.10 |
Sun TV Network | 667.05 |
GTPL Hathway | 173.05 |
TV18 Broadcast | 42.86 |
Den Networks | 51.20 |
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