Direct-to-home firm Dish TV India Ltd on Wednesday reported a consolidated net loss of ₹402.19 crore for the March quarter due to impairment on intangible assets.The company had reported a net loss of ₹1,989.69 crore in the January-March quarter a year ago, according to a regulatory filing from Dish TV.Dish TV has “impairment charge for the quarter and year ended 31 March 2025 of Intangible Assets Under Development, Capital and other advances amounting to ₹335.38 crore”, the company informed.
It has a loss of ₹66.81 crore before exceptional items and tax for the March quarter.Its revenue from the operation was down 15.55% to ₹343.66 crore in the March quarter. It was at ₹406.95 crore in the corresponding quarter.Dish TV’s total expenses in the March quarter declined 2.16% to ₹417.16 crore.
In the March quarter Dish TV’s subscription revenues was at ₹295.9 crore, down 16.82%.Advertising revenue was down 40% to ₹4.1 crore in the March quarter.However, Dish TV’s income from marketing and promotional fees rose by 2.6% to ₹35.8 crore in the March quarter.The total income of Dish TV was ₹350.35 crore in the March quarter, down 15% year-on-year.For the financial year ended March 31, 2025, Dish TV’s net loss was at ₹487.66 crore.In FY25, its consolidated total revenue was down 15% to ₹1,593.95 crore.Shares of Dish TV on Wednesday settled at ₹5.90, up 4.98% from the previous close.