Dish TV India shines despite reporting 38% fall in Q2 consolidated net profit
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Dish TV India is currently trading at Rs. 16.45, up by 1.45 points or 9.67% from its previous closing of Rs. 15.00 on the BSE.
The scrip opened at Rs. 15.00 and has touched a high and low of Rs. 16.75 and Rs. 15.00 respectively. So far 2870675 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 22.33 on 23-Sep-2022 and a 52 week low of Rs. 10.23 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 16.75 and Rs. 14.75 respectively. The current market cap of the company is Rs. 3010.45 crore.
The promoters holding in the company stood at 4.04%, while Institutions and Non-Institutions held 36.68% and 53.19% respectively.
Dish TV India reported results for second quarter ended September 30, 2022.
The company has reported fall of 62.56% in its net profit at Rs 14.64 crore for Q2FY23 as compared to Rs 39.10 crore for the corresponding quarter previous year. Total income of the company decreased by 14.59% to Rs 331.75 crore for the quarter under review as compared to Rs 388.41 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported fall of 37.66% in its net profit at Rs 22.08 crore for the quarter under review as compared to Rs 35.42 crore for the same quarter in the previous year. Total income of the company decreased by 16.68% to Rs 601.70 crore for the quarter under review as compared to Rs 722.12 crore for the same quarter in the previous year.
