Dish TV posts Q2 profit at Rs 90 cr

Direct-to-home operator Dish TV India on Tuesday posted a consolidated net profit of Rs 89.96 crore for second quarter ended September 30.

The Essel Group firm had posted a consolidated net loss of Rs 14.19 crore in the July-September quarter of last fiscal.

Dish TV’s total income on consolidated basis was up 15.77 per cent during the quarter under review to Rs 752.42 crore as against Rs 649.90 crore in the previous year, the company said in a regulatory filing.

Dish TV’s consolidated net profit for the first half of 2015-16 was Rs 141.17 crore. It had posted a consolidated loss of Rs 29.16 crore in same period a year ago.

Its total income on consolidated basis during the first half of the current fiscal was at Rs 1,489.10 crore, up 17.44 per cent, from Rs 1,267.94 crore a year ago.

Shares of Dish TV were trading at Rs 107.70 on BSE at 1350 hrs, down 1.51 per cent from previous close.