Dish TV India posts net loss of Rs 66.77 cr in Q3

Dish TV India Ltd on Wednesday reported a consolidated net loss of Rs 66.77 crore for the third quarter ended December, 2019.

The direct-to-home (DTH) company had posted a net profit of Rs 152.69 crore in October-December quarter a year-ago, Dish TV India said in a BSE filing.

Total income during the quarter under review stood at Rs 870.90 crore. It was at Rs 1,529.57 crore in the corresponding quarter of previous fiscal.

Meanwhile, the company said that its results are not comparable with that of the corresponding period in the previous year due to new tariff regime.

"With programming cost becoming a pass-through item in the new tariff regime, subscription and operating revenues for the quarter are not comparable with the corresponding period last year," it said.

During the quarter, the company had subscription revenues of Rs 798.2 crore.

Its total expenses stood at Rs 846.35 crore during the quarter.

"The eagerly awaited third quarter did not turn out to be the typical star ...