Lower overall revenues were more than offset by our expense management measures."
The stock was trading at Rs 11.76, up Rs 0.26, or 2.26 percent at 10:29 hours. It has touched an intraday high of Rs 12.30 and an intraday low of Rs 11.60.
Dish TV's subscription revenue stood at Rs 765.7 crore, down 3.32 percent as against Rs 792 crore a year ago. "In the absence of fresh television content from pay entertainment broadcasters, subscribers remained picky in channel selection," the company said in a post-earnings statement.
Its advertisement income was Rs 8.3 crore, down 76.61 percent as against Rs 35.5 crore in the corresponding quarter a year ago. However, revenue from 'additional marketing, promotional fee and bandwidth charges' rose 44.50 percent to Rs 50 crore as against Rs 34.6 crore.
Dish TV's total expenses were at Rs 766.55 crore as against Rs 897.67 crore a year ago, down 14.60 percent.
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