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New Delhi: Dish TV India’s advertising revenue was up 7.2% to Rs 9.7 crore in the June quarter.
Income from marketing and promotional fees also went up by 59.2% to Rs 130.7 crore in the June quarter.
However, it reported a consolidated net loss of Rs 1.56 crore for June quarter 2024-25 impacted by a decline in subscription revenue.
The direct-to-home firm had reported a net profit of Rs 20.54 crore in April-June FY24, according to a regulatory filing from Dish TV.
Revenue from operation was down to Rs 455.29 crore from Rs 500.16 crore.
Total expenses declined 2.71% to Rs 462.56 crore. The expenses include cost of goods and services, personnel cost and other expenses.
In the June quarter, Dish TV's subscription revenues were at Rs 306.2 crore as against Rs 397.4 crore in the corresponding period a year ago.
Operating revenue was also lower at Rs 455.3 crore as against Rs 500.2 crore a year ago.
Dish TV's operating revenue includes subscription revenues, marketing and promotional fees, advertisement income and other income.
Total income of Dish TV, which includes other income also, was down 8.38% to Rs 461 crore.
Though the company has not disclosed its subscription base it said, “green shoots in rural recovery have started becoming visible and the distribution network of the company remains optimistic about the revival in entertainment spends in the countryside, where a significant DTH subscriber base is situated.”
“Typically the third quarter of the fiscal is when some traction in the subscriber base should be visible,” it said.
Shares of Dish TV India Ltd on Tuesday settled at Rs 14.58 per scrip on BSE, down 2.67% from the previous close.