Tata Sky Ltd, the direct-to-home television services provider, had a net aggregate loss of Rs806.36 crore.
Source: Livemint.com
Whereas, Dishtv is only DTH company who is EBITDA Positive for consecutive 2 quarters.
Commenting on the Q1 results, Subhash Chandra, Chairman, DishTV, said, “It is heartening to note that despite a weaker economic climate, the direct to home (DTH) segment, which was pioneered by DishTV in India, continued to grow at a strong pace. Digitisation of Indian television has gained irreversible momentum, while driving higher quality and a superior offering to the consumers.”
He further said, “We have extended the momentum gained during the last fiscal into the first quarter of FY10. Our revenues grew exponentially to Rs 2,521 million, a growth of 53 per cent over last year and I am glad to report that we achieved positive EBITDA for second successive quarter. These results are a direct outcome of our business strategy that is tuned to the needs of our customers.”
Jawahar Goel, Managing Director, DishTV, said, “The Q1 results testify to the resilience of our business model. DishTV continued to consolidate its leadership position in the market through record customer additions every month. The outlook for the industry remains positive and the year ahead promises to be an exciting one for DishTV.”
3 Comments:
Tata Sky Posted Net aggregate loss of Rs.806cr
Tata Sky Ltd, the direct-to-home television services provider, had a net aggregate loss of Rs806.36 crore.
Source: Livemint.com
Whereas, Dishtv is only DTH company who is EBITDA Positive for consecutive 2 quarters.
Commenting on the Q1 results, Subhash Chandra, Chairman, DishTV, said, “It is heartening to note that despite a weaker economic climate, the direct to home (DTH) segment, which was pioneered by DishTV in India, continued to grow at a strong pace. Digitisation of Indian television has gained irreversible momentum, while driving higher quality and a superior offering to the consumers.”
He further said, “We have extended the momentum gained during the last fiscal into the first quarter of FY10. Our revenues grew exponentially to Rs 2,521 million, a growth of 53 per cent over last year and I am glad to report that we achieved positive EBITDA for second successive quarter. These results are a direct outcome of our business strategy that is tuned to the needs of our customers.”
Jawahar Goel, Managing Director, DishTV, said, “The Q1 results testify to the resilience of our business model. DishTV continued to consolidate its leadership position in the market through record customer additions every month. The outlook for the industry remains positive and the year ahead promises to be an exciting one for DishTV.”
Source: Exchange4media
I LOVE TATASKY BECAUSE MANY SPORTS CHANNAL.
tata Sky is very well known in the Dth Service provider. It is available on very efficient price packages.
Tata Sky
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