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HomeNewsBusinessEarningsDish TV Q4 loss may narrow significantly to Rs 4.6 cr: Poll

Dish TV Q4 loss may narrow significantly to Rs 4.6 cr: Poll

Dish TV will announce its fourth quarter (January-March) earnings on May 26. Analysts expect a good quarter driven by high subscriber additions.

May 26, 2015 / 12:09 IST
     
     
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    Dish TV will announce its fourth quarter (January-March) earnings on May 26. Analysts expect a good quarter driven by high subscriber additions.

    They expect a loss of Rs 4.6 crore in the quarter ended March 2015, a significant improvement compared to loss of Rs 149 crore in the same quarter last year, according to the average of estimates of analysts polled by CNBC-TV18.

    Revenue is seen rising 14.9 percent to Rs 732 crore during January-March quarter from Rs 637 crore in the corresponding quarter of last fiscal.

    Operating profit may jump 48 percent year-on-year to Rs 192 crore and margin may expand 590 basis points to 26.2 percent in the quarter gone by.

    Analysts expect net subscriber additions of 3.5-4.4 lakh for Q4, driven by Cricket World Cup.

    Zing Digital packs in regional markets may further aid subscriber addition. Subscription revenues are seen higher by 20-21 percent Y-o-Y.

    Dish TV hiked prices by 4-8 percent in Q4. Analysts believe continuous focus on phase 3 and 4 markets may lift operating profit and expect monthly churn to be at 0.6-0.7 percent.

    first published: May 25, 2015 05:16 pm

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