Dish TV shares rise nearly 5% on Q1 profit

Shares of direct-to-home company Dish TV India Ltd on Thursday surged nearly 5% after it clocked Rs74.54 crore profit for the first quarter ended 30 June of the fiscal year 2020-21.

At 1:30 pm, shares of Dish TV India Ltd were trading at Rs11.48, up 4.94%, on the BSE; and at Rs11.45, 4.57% higher, on the NSE.

The BSE Sensex index was flat at 39,117.86; and the Nifty 50 index at 11,550.90 , 0.14% higher.

Dish TV India Ltd on Wednesday reported a consolidated net profit of Rs74.54 crore for the June quarter of the current fiscal year.