Dish TV India's Q1 FY 2025-26 Quarterly Results

Result Summary

• Dish TV India Ltd reported a 18.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 27.5%.
• Its expenses for the quarter were down by 0.1% QoQ and 7.9% YoY.
• The net profit decreased 95.2% QoQ and increased 5959.6% YoY.
• The earnings per share (EPS) of Dish TV India Ltd declined at 0.5 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Dish TV India Ltd is a leading direct-to-home (DTH) television service provider in India. The company operates within the media and entertainment industry, offering a range of services that include satellite television, interactive television services, and value-added services. As part of its business model, Dish TV provides subscription-based content services to a wide audience across the country. The company has played a significant role in the evolution of television broadcasting in India, providing a variety of channels and entertainment options to its subscribers. Recent developments around Dish TV have included market expansions and efforts to enhance customer engagement through improved service offerings and technology integrations. However, specific recent major developments are not available from the provided data.

Revenue

For Q1FY26, Dish TV India Ltd reported a total income of ₹334.11 crores. This represents an 18.9% decline in revenue on a quarter-over-quarter (QoQ) basis compared to ₹412.13 crores in Q4FY25. Furthermore, on a year-over-year (YoY) basis, the total income decreased by 27.5% from ₹461.00 crores in Q1FY25. This significant reduction in revenue indicates a challenging period for the company in terms of generating income from its operations. The decline could be attributed to various factors influencing the market and consumer behavior, although specifics are not provided in the financial data.

Profitability

Dish TV India Ltd's profitability metrics for Q1FY26 highlight a challenging quarter. The company recorded a loss before tax of ₹91.81 crores, showing a substantial improvement from a loss of ₹416.93 crores in Q4FY25, which accounts for a 78.0% reduction in losses QoQ. However, compared to Q1FY25, where the loss was marginal at ₹1.56 crores, the YoY change is 5785.3%, indicating a significant increase in losses. The tax expense for the quarter was ₹2.72 crores, a sharp decline from ₹1572.76 crores in Q4FY25. Consequently, the profit after tax for Q1FY26 stood at a loss of ₹94.53 crores, which is a marked improvement from the previous quarter's loss of ₹1989.69 crores, representing a 95.2% QoQ reduction in losses. The year-over-year change from a minor loss of ₹1.56 crores to ₹94.53 crores reflects a 5959.6% increase in losses. Earnings per share (EPS) were reported at -₹0.50 for Q1FY26, contrasting the -₹10.30 reported in Q4FY25.

Operating Metrics

The total expenses for Dish TV India Ltd in Q1FY26 amounted to ₹425.92 crores, showing a slight decrease of 0.1% from ₹426.37 crores in Q4FY25. Compared to Q1FY25, expenses decreased by 7.9% from ₹462.56 crores. These figures suggest that while the company has managed to control its expenses to some extent, the reduction in total income has outpaced cost savings, impacting overall profitability. The operating metrics indicate that there are underlying challenges in maintaining a balanced income-expense structure, evident from the operating losses reported. While specific operational strategies or changes are not detailed in the data, the financials highlight the need for strategic adjustments to address the income-expense disparity.