Wednesday, June 18, 2008
Dish TV Q4 net loss at Rs 115.06 cr
Mumbai, June 18: Zee group company Dish TV India on Wednesday
announced a net loss of Rs 115.06 crore for the quarter ended March
31, 2008, against a net loss of Rs 100.18 crore in the corresponding
quarter last year.
The total income rose to Rs 136.36 crore in the latest quarter, from
Rs 66.63 crore in the same period last year, Dish TV said in a filing
to the Bombay Stock Exchange.
For the year ended March 31, 2008, the group reported a consolidated
net loss of Rs 414.13 crore, compared to a net loss of Rs 240.07 crore
in the previous fiscal.
The total income rose to Rs 416.18 crore in FY'08 from Rs 196.24 crore
in the year-ago period.
The company announced a standalone net loss of Rs 413.20 crore in
FY'08 as against a net loss of Rs 251.88 crore in the year-ago
period.
The total income rose to Rs 415.72 crore in FY'08, from Rs 194.31
crore in the previous fiscal.
Further, the board has approved the raising of Rs 1,140 crore through
the rights issue.
Shares of Dish TV were trading at Rs 42.35, up 2.42 per cent in the
late afternoon trade on the BSE.
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