Tuesday, October 27, 2015

Airtel Digital TV Q2’ FY16 operating profits at INR2.34 billion

Airtel Digital TV, Bharti Airtel’s direct-to-home service branch, has reported operating profit of INR2.34 billion for the second quarter ended September, 2015.
Revenue for the Q2 FY’ 2016 was at INR7.07 billion while the monthly churn was 1.3%. The company reported average revenue per user at INR224 and added around 164,000 net subscribers.
Parent company Bharti Airtel, meanwhile, reported a drop of 2% in the second quarter of current fiscal compared to the last quarter. “Airtel’s revenue growth in India has accelerated to 13.3% in Q2 on an underlying basis, the highest in the last 12 quarters. Our smaller businesses – home broadband, DTH and our business segment all continue to perform strongly. Mobile data revenues has grown by 60%,” said Gopal Vittal, MD and CEO, India & South Asia, according to Business Standard.

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