Direct-to-home company Dish TV posts Rs 64.5 cr net profit for Sept quarter

Direct-to-home company DishTV India Ltd on Thursday reported a consolidated net profit of Rs 64.51 crore for the second quarter ended September 30.

The company had reported a net loss of Rs 96.37 crore in the July-September quarter a year ago, Dish TV said in a BSE filing.

Its revenue from operations during July-September 2020 fell 5.24 per cent to Rs 846.36 crore, compared with Rs 893.18 crore in the year-ago period.

DishTV India Group CEO Anil Dua said, “Our performance during the quarter was in line with our larger strategic decisions such as disciplined acquisition and sensible capital investment. Lower overall revenues were more than offset by our expense management measures.”