Dish TV records net loss of Rs 1.6 crore in Q1

Direct-to-home (DTH) platform Dish TV has slipped in the red during the quarter ended June due to a degrowth in revenue.

The DTH company posted a net loss of Rs 1.6 crore against a net profit of Rs 21 crore in the corresponding quarter of the previous fiscal.

EBITDA declined 23% to Rs 165 crore. Expenditure was marginally up by 1.2% to Rs 291 crore.