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Dish TV India's Q4 net profit jumps 14-fold to Rs 483 crore
Written By PTI
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The company had posted a net profit of Rs 34.94 crore for the January-March period of 2014-15 fiscal.
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Dish TV India's net income from operation rose 9.57% to Rs 797.4 crore during the quarter of 2015-16 fiscal as against Rs 727.7 crore in the year-ago period, the company said in a BSE filing. Image Source: Reuters
DTH service provider Dish TV India on Monday reported a nearly 14-fold jump in consolidated net profit at Rs 482.77 crore for the March quarter on account of deferred tax expense of Rs 402.90 crore.
The company had posted a net profit of Rs 34.94 crore for the January-March period of 2014-15 fiscal.
Dish TV's net income from operation rose 9.57% to Rs 797.4 crore in the same quarter of 2015-16 fiscal as against Rs 727.7 crore in the year-ago period, the company said in a Bombay Stock Exchange (BSE) filing.
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The company's Average Revenue Per User (ARPU) stood at Rs 174 compared with Rs 172 in the corresponding quarter of the previous fiscal.
For the 2015-16 fiscal, Dish TV reported a consolidated net profit of Rs 692.42 crore as against Rs 3.14 crore in the preceding fiscal.
Its net sales/income from operation stood at Rs 3,050.72 crore in the fiscal compared with Rs 2,679.51 crore in 2014-15.
The shares of Dish TV India closed down 5.82% or Rs 5.45 at Rs 88.25 per scrip on the BSE.
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