Hathway Cable & Datacom Ltd reported a consolidated net loss of INR1.80 billion for the financial year 2015. The net loss stood at INR 1.11 billion a year ago.
The company’s EBITDA was at INR2.6 billion, a drop of 16% compared to FY2014. The multi system operator also saw a fall in operating profit and a 22% increase in payout to television channels.
“Placement revenues continue to play an important role at present and have showed little or no decline,” Hathway said, according to Television Post. Pay chanel cost jumped to INR8.13 billion from INR6.66 billion in FY14.
The MSO has 8.5 million digital TV customers. About 1.8 million subscribers using Hathway’s services fall in the Digital Addressable System’s Phase III regions. The company has seeded about 430,000 set-top boxes this fiscal, reports Television Post.
The company’s EBITDA was at INR2.6 billion, a drop of 16% compared to FY2014. The multi system operator also saw a fall in operating profit and a 22% increase in payout to television channels.
“Placement revenues continue to play an important role at present and have showed little or no decline,” Hathway said, according to Television Post. Pay chanel cost jumped to INR8.13 billion from INR6.66 billion in FY14.
The MSO has 8.5 million digital TV customers. About 1.8 million subscribers using Hathway’s services fall in the Digital Addressable System’s Phase III regions. The company has seeded about 430,000 set-top boxes this fiscal, reports Television Post.
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