Dish TV Q4 net loss widens to Rs 1,990 cr, revenue declines 19 pc to Rs 407 cr

New Delhi, May 28, 2024.

Direct-to-home broadcast service provider Dish TV India on Monday said its consolidated net loss widened to Rs 1,989.69 crore in March 2024 quarter due to impairment of investments in OTT business Watcho as well as property, plant and equipment.

The company had reported a net loss of Rs 1,710.62 crore in the January-March quarter a year ago, according to a regulatory filing.

Its revenue from operations was down 19.38 per cent to Rs 406.95 crore during the quarter under review as against Rs 504.82 crore in the corresponding quarter.