SITI Networks operating EBITDA up by 146% at Rs 549 Mn in Q1FY19

SITI's country-wide monetization increase programme in June 2018 has resulted in a 17% increase in ARPU. The company has also improved its subscription collection efficiency, surpassing 93% in June 2018 exit, which has further risen to 97% exit July’18, it added.    

SITI Networks operating EBITDA up by 146% at
SITI Networks Limited’s Operating EBITDA Margin expanded by 892 bps to ~17%, driven by subscription revenue surge of 26.3% to Rs 2,149 Mn and nearly flat growth in expenses, the statement said. Image source: official website

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