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Time of India
28-05-2025
- Business
- Time of India
Dish TV narrows Q4 consolidated net loss to Rs 402.2 crore
Direct to home (DTH) operator Dish TV India reported a consolidated net loss of Rs 402.2 crore for the quarter ended 31 March 2025, a marked improvement from Rs 1,989.7 crore in the same period last year. The recovery was primarily driven by the absence of deferred tax expenses. Despite the reduced loss, the company continues to face operational headwinds, with revenue and profitability under pressure. Subscription revenue—the broadcaster's main income stream—declined 16.82% year-on-year to Rs 295.9 crore. Total operating revenue fell 15.55% to Rs 343.7 crore, impacted by continued subscriber churn and a sharp 40.4% drop in advertising income to Rs 4.1 crore. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Honeywell HWL-02E Pro Floor Lamp Review – Sharing the True Meaning of 'Natural Light' with the Whole Family - TechBullion TechBullion Undo Total expenditure rose slightly by 1.94% to Rs 246.3 crore. EBITDA for the quarter declined 41.1% to Rs 97.3 crore. Exceptional items stood at Rs 335.4 crore, marginally lower than Rs 402.7 crore in the year-ago period. Subscription income remained the key revenue driver, accounting for 86.1% of operating revenue. Marketing and promotional fees edged up 2.6% to Rs 35.8 crore, while other operating income declined 16.7% to Rs 7.9 crore. The company said new subscriber additions were broadly in line with industry trends, although churn remained elevated, resulting in a net decline in the subscriber base. Live Events Amidst these challenges, Dish TV continued efforts to improve operations—focusing on enhancing the quality of new acquisitions, reducing churn, and lowering recurring set-top box (STB) capex. These measures were aimed at freeing up internal cash flows for investment in emerging digital ventures. Reduced STB-related spending enabled the company to channel internal accruals into initiatives such as ShopZop and FLIQS. Management stated that future digital investments will also be internally funded. Commenting on the evolving media landscape, CEO Manoj Dobhal said, 'As the industry shifts towards hybrid models blending traditional and digital-first approaches, strengthening the content and creator ecosystem is more vital than ever. There's growing demand for diverse, regional content, and empowering creators is essential to meet this.' He added, 'With Dish TV Smart+ and the FLIQS segment within our WATCHO app, we aim to redefine how creators engage with audiences, ensuring India's talent receives the reach and recognition it deserves.' Dish TV's in-house OTT platform, Watcho – OTT Super App, continued its growth trajectory, surpassing 10 million paid subscribers during the quarter. The platform now hosts over 24 apps across a wide range of content categories at competitive prices. For the full financial year (FY25), the company reported a net loss of Rs 487.7 crore, significantly down from Rs 1,966.6 crore in FY24, largely due to the absence of deferred tax charges, which amounted to Rs 1,597.9 crore last year. Annual operating revenue declined 15.6% to Rs 1,567.6 crore, with subscription income falling 16.3% to Rs 1,377.1 crore. Advertising revenue dropped 33% to Rs 20.1 crore, while other operating income fell 25.2% to Rs 33.8 crore. Marketing and promotional spend remained stable at Rs 136.7 crore. Dish TV managed to reduce overall expenditure by 5.8% to Rs 1,038.5 crore. Full-year EBITDA stood at Rs 529.1 crore, a 29.8% decline from Rs 753.7 crore in FY24. Exceptional items for the year totalled Rs 335.4 crore, down from Rs 402.7 crore the previous year. In a regulatory filing dated 28 May 2025, the company announced the elevation of Manoj Dobhal, Chief Executive Officer and Executive Director, as Chairman of the Board with immediate effect. The Board also approved the re-appointment of Chandra Wadhwa & Co. as Cost Auditors for FY26, subject to shareholder approval at the upcoming AGM, and the re-appointment of S M A M & Co., Chartered Accountants (FRN: 028845C), as Internal Auditors for FY25.
Yahoo
16-04-2025
- Automotive
- Yahoo
New report reveals why cities are rushing to replace thousands of streetlights: 'Accelerating the adoption'
A new report shows that 70% of cities in Southeast Asia have installed solar streetlights. The Association of Southeast Asian Nations Energy Report 2024 notes that this saves money and supports clean energy, as TechBullion reported. It can also prevent crime, make roads safer, and boost nighttime economic activity. Rising and volatile dirty energy prices affect electricity costs, and these 10 countries are working toward energy security and meeting carbon pollution reduction commitments. The streetlights can have an especially profound impact in large cities such as Jakarta, Manila, and Bangkok. Ho Chi Minh City and Kuala Lumpur have also benefited. "By using solar energy, cities no longer need grid power, reducing streetlight costs by 60-70%," TechBullion stated, pointing out that ASEAN said streetlights and other public lamps make up 20% to 30% of urban electricity demand. Vietnam, Malaysia, and the Philippines have banked millions of dollars per year because of "large-scale solar streetlight projects," allowing more money to be spent on health care, education, and transportation infrastructure, per the outlet. One bonus is that the solar lights feature sensors that track movement to facilitate brightness adjustments and optimize efficiency. Another is that reducing light pollution — which has been increasing and affects 83% of the world's population — helps people sleep better and keeps ecosystems intact by protecting trees, preventing insect deaths, and making bird migration safer. TechBullion said that the solar capacity of ASEAN has doubled over five years, per the International Renewable Energy Agency, and the ASEAN Plan of Action for Energy Cooperation has set a goal for the countries to use 23% renewable energy this year. Thailand, Indonesia, and Cambodia are "actively promot[ing]" these solar streetlights as part of the movement. Many ASEAN countries experience extreme weather events that knock out power. Aging infrastructure and growing populations that contribute to energy shortages aren't helping. But subsidies, tax incentives, and public-private partnerships are. "These fiscal policies have accelerated the adoption of solar streetlights, making them an economically viable solution for cities," TechBullion reported. Do you think EVs will dominate our roads in 15 years? No way Absolutely yes Only in some areas I'm not sure Click your choice to see results and speak your mind. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
