Digital satellite television subscriptions in India were over to 50 million at the end of March, 2015, an increase of 20.4% y-o-y, according to latest data from Dataxis Intelligence service.
Direct-to-Home subscription base rose from 41.9 million in first quarter of 2014 to 50.5 million in the first quarter of 2015, an increase of 20.4%. Quarter-on-quarter growth was at 4.90%. Dish TV India Ltd, owned by the Essel Group, was the top performer in the DTH space with 12.9 million subscribers end March, an increase of 3.20% q-o-q and 13.2% y-o-y.
Dish TV is expanding its business in the Indian subcontinent by rolling out DTH services in Sri Lanka. The company has reported a net profit of INR31 million for the financial year that ended 31 March, 2015 compared to a net loss of INR 1.58 billion a year ago.
According to Dataxis, total HD subscriptions in India for 1Q15 stood at 4 million end March, with Dish TV claiming around 1.3 million HD subscribers, Tata Sky with 840,000 and Videocon with 800,000.
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