Saturday, June 20, 2015

DTH players showcase strong performance in FY15

Direct-to-Home service providers are finally seeing an uptick in their revenues. The latest financial reports from Airtel Digital TV, Dish TV and Videocon d2h show that expanding subscriber base as well as a rise in average revenue per user could help these players grow during fiscal 2015.digitoisa
According to Dish TV, digitisation in India has given the company sufficient headroom to expand business in both urban are rural areas. The operator has added as many as 1.5 million net subscribers during the year. Dish TV’s net profit for the quarter was at INR350 million for the quarter that ended March, 31, 2015. Its ARPU was at INR172.
“All pack prices, for new as well as existing subscribers of Dish TV, have been moved by Rs 10 each in the 42 cities under phase I and II. We are confident that pack price hikes, higher HD uptake, as well as industry level developments such as initiation of packaging in cable will be key contributors to ARPU expansion going forward,” said Dish TV managing director Jawahar Goel, according to Indian Television.
Airtel Digital TV has announced that its revenue has increased by 19% year-on-year from INR20.7 billion in FY 2014 to INR24.7 billion in FY 2015. The company’s subscriber base stands at 10.07 million as on March 2015. Airtel’s ARPU was at INR214 in FY 2015 as compared to INR201 in FY 2014.
Another player in the DTH space, Videocon d2h, also narrowed net loss to INR2.73 billion during the financial year that ended 31 March, 2015. Last year, the net loss stood at INR3.2 billion. “We maintained our market leadership in subscriber growth and reported key financial metrics ahead of the guidance provided during the listing process. We believe, with our strong balance sheet and continued momentum, we are well-positioned for the future,” said Saurabh Dhoot, Executive Chairman of the company. Its average revenue per user was at INR196 for the fiscal.

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