All Entries Tagged With: "Jawahar Goel"
Dish TV- 4Q FY12 Results
NOIDA, India; May 16, 2012 – Dish TV India Limited (Dishtv) (BSE: 532839, NSE: DISHTV) today reported fourth quarter fiscal 2012 audited standalone revenues of Rs. 5,247 million, recording 21.2% growth over the corresponding period last fiscal. EBITDA of Rs. 1,442 million registered a significant 59.9% increase over the corresponding quarter last fiscal. EBITDA margin for the quarter stood at 27.5%. The company today also reported audited results for the financial year ended on March 31, 2012. The full year fiscal 2012 standalone revenues stood at Rs. 19,578 million, with an EBITDA of Rs. »»»
Dish TV launches Dish tru HD Plus and priced it at Rs.2690
NEW DELHI: Direct to home (DTH) service provider Dish TV India Ltd is focusing on new customer acquisition, high definition technology and digitisation to strengthen its position in the highly competitive DTH market. “In the next one year, our agenda for growth is to acquire new customers and take the benefit of digitisation,” Dish TV Managing Director Jawahar Goel told PTI. On the product and services side, the focus will be on high definition, he added. In 2010-2011, the company added 3.5 million new subscribers. “In the current fiscal the number of new subscribers will be less »»»
Cable operators facing set-top box shortage as digitisation deadline approaches near
NEW DELHI/MUMBAI: Five months before time runs out for homes across India’s top four metros to switch to digital transmission to continue watching cable television, operators are battling short supply of set-top boxes as well as ignorance among consumers. More than 60,000 set-top boxes need to be installed every day to enable an estimated 10 million homes across Delhi, Mumbai, Chennai and Kolkata to meet the deadline mandated by the government. But with India going digital at the same time as Brazil, Russia, China and South Korea, among other countries, set-top box makers are finding it difficult »»»
Dish TV-3Q FY12 Results: ARPU at Rs.152; Acquires 740,000 New Subscribers
NOIDA, India; January 19, 2012 – Dish TV India Limited (Dishtv) (BSE: 532839, NSE: DISHTV) today reported third quarter fiscal 2012 results. Operating revenues were Rs. 4,905 million, representing a 31.4% growth over the corresponding period last fiscal. EBITDA for the quarter stood at Rs. 1,201 million, compared to Rs. 662 million in the corresponding period last fiscal. EBITDA margin stood at 24.5%. Continued foreign exchange loss hiked net loss by Rs. 156 million. The Board of Directors in its meeting held today, has approved and taken on record the unaudited financial results of Dish »»»
Madras HC stays levying entertainment tax on DTH
The Madras High Court has stayed a Tamil Nadu government decision to levy 30 per cent entertainment tax on direct-to-home services in the state. A single-judge bench issued the order in response to a petition filed by Dish TV, the country’s largest DTH operator. The Noida-based satellite television firm was aggrieved about a Bill the state administration recently passed, levying a 30 per cent entertainment tax on DTH operators from September 27 this year. That led Dish TV to move court, contending that such levy was discriminatory. It argued that the cable network was exempt from such entertainment »»»
Dish TV retains highest market share; closes second quarter with an incremental 575 thousand new subscribers
NOIDA, India; October 19, 2011 – Dish TV India Limited (Dishtv) (BSE: 532839, NSE: DISHTV) today reported second quarter fiscal 2012 revenues of Rs. 4,822 million, representing a 48% growth over the corresponding period last fiscal. EBITDA for the quarter stood at Rs. 1,218 million, compared to Rs. 503 million in the corresponding period last fiscal. EBITDA margin recorded at 25.3%. Foreign exchange loss hiked net loss by Rs. 304 million. The Board of Directors in its meeting held today, has approved and taken on record the unaudited financial results of Dish TV for the quarter ended on September »»»
Dish TV revenue to dip 0.25% more with TN govt’s e-tax move
The Tamil Nadu government imposed 30% entertainment tax (e–tax) on direct to home (DTH) operators. Jawahar Goel, managing director of Dish TV said that their revenues are impacted almost 7% because of the entertainment tax across the country. “With the E-Tax imposed by the Tamil Nadu government, the revenues will be impacted a quarter percent more,” he told CNBC-TV18 in an interview. Dish TV’s last quarter EBITDA was in the range of 24-26%. Goel further indicated that the company will improve their EBITDA by 1.5-2% every quarter. Here is the edited transcript of his interview. Q: »»»
