Reuters logo
BRIEF-Dish TV India reports March-qtr loss
May 24, 2017 / 10:22 AM / 4 months ago

BRIEF-Dish TV India reports March-qtr loss

May 24 (Reuters) - Dish TV India Ltd

* Says approved invsetment in an incorporation of unit to initiate OTT biz

* Consol March quarter loss 283.3 million rupees

* Consol March quarter total revenue 7.19 billion rupees

* Consol profit in March quarter last year was 4.83 billion rupees as per Ind-AS; consol revenue was 8.21 billion rupees

* Says March-quarter consol exceptional item is 290.9 million rupees

* Q4 subscription revenue fell by 11.1 pct mainly due to absence of ‘major cricketing event’ as well as package down gradation by existing subscribers

* 'Mark-to-market losses, due to foreign exchange fluctuations, resulted in higher other expenses during the quarter' Source text: (bit.ly/2qOFl6V) Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below