Dish TV India Limited [NSE: DISHTV], one of India’s leading direct-to-home (DTH) service providers, announced the Dish TV India Q4 results for the financial year 2024-25 on 31 March 2025.
In the latest Dish TV India quarterly results, the enterprise registered a consolidated net loss of ₹402.19 crore, marking a significant increase from the ₹46.54 crore loss reported in the preceding quarter. However, it improved considerably from the loss of ₹1,989.69 crore suffered by the company in the same quarter of the previous financial year.
The DTH operator reported a 15.6% year-on-year drop in revenue from operations, which stood at ₹343.66 crore in Q4 FY25, compared to ₹406.95 crore in Q4 FY24. The company also recorded a 7.8% sequential decline from Q3 FY25, when revenue was ₹373.03 crore, indicating ongoing operational challenges.
As per Dish TV India’s latest quarterly results, the total earnings posted for the quarter ending 31 March 2025 was ₹350.35 crore, showing a decline of 15.0% year-on-year from ₹412.13 crore in Q4 FY24 and 8.3% quarter-on-quarter from ₹382.01 crore in Q3 FY25.
Dish TV India Ltd. Q4 Results Highlights
In this table, you will find an overview of Dish TV India Q4 2025 results:
| Metric | Q4 FY2024-25 | Q3 FY2024-25 | Q4 FY2023-24 | YoY Change (%) | QoQ Change (%) |
| Total Income (₹ in crore) | ₹350.35 | ₹382.01 | ₹412.13 | -15.0% | -8.3% |
| Net Loss (₹ in crore) | –₹402.19 | –₹46.54 | –₹1,989.69 | +79.8% | -764.2% |
| EPS (₹) | –₹2.09 | –₹0.24 | –₹10.34 | +79.8% | -770.8% |
Dish TV India Financial Results Comparison Between FY25 and FY24
The table below presents a year-on-year comparison of Dish TV India results, highlighting financial performance across income and profitability parameters:
| Particulars | FY 2024-25 | FY 2023-24 |
| Total Income (in crore) | ₹1,593.95 | ₹1,875.79 |
| Net Loss (in crore) | –₹487.66 | –₹1,966.57 |
| EPS | –₹2.53 | –₹10.22 |
Important Updates from Dish TV India’s Latest Financial Results
The Q4 Dish TV India results 2025 reveal several important financial indicators:
Operating Expenses
Dish TV India’s Q4 results show that operating expenses stood at ₹136.05 crore for Q4 FY25, up 12.2% year-on-year from ₹121.29 crore in Q4 FY24. Sequentially, these expenses saw a marginal 1.0% increase from ₹134.74 crore in Q3 FY25, suggesting stable short-term cost management.
Depreciation and Amortisation
Depreciation and amortisation expenses were reported at ₹106.37 crore in Q4 FY25, which reflects a 7.4% decrease year-on-year compared to ₹114.92 crore in Q4 FY24. This also indicates a marginal 0.8% decrease from ₹107.18 crore in the preceding quarter (Q3 FY25).
Operating Income and Pre-Tax Performance
Dish TV India’s latest results indicate that the company’s operating loss (Profit/Loss Before Exceptional Items and Tax) widened to ₹66.81 crore in Q4 FY25 from ₹14.24 crore in Q4 FY24, showing a significant 369.2% deterioration year-on-year. This also marks a 43.6% worsening from ₹46.54 crore in Q3 FY25.
Meanwhile, Profit/Loss after Tax (after exceptional items) widened to ₹402.19 crore from ₹46.54 crore in Q3 FY25, registering a substantial 764.2% quarter-on-quarter decline. However, this reflects an improvement from the loss of ₹1,989.69 crore recorded in Q4 FY24.
Challenges and Outlook from Dish TV India’s Latest Financial Results
The Dish TV India Q4 results 2025 highlight the continuing financial challenges faced by the company:
Persistent Losses
The Q4 Dish TV India results confirm continued financial stress. The company registered a net loss (consolidated) of ₹402.19 crore in Q4 FY25, a significant increase from ₹46.54 crore in Q3 FY25, though better than the ₹1,989.69 crore loss in Q4 FY24.
Revenue Decline
The Dish TV India Q4 2025 results show that revenue from operations declined 7.8% quarter-on-quarter to ₹343.66 crore from ₹373.03 crore in Q3 FY25 and fell 15.6% year-on-year from ₹406.95 crore in Q4 FY24. This ongoing top-line deterioration highlights the continued challenges in customer retention and market competition.
Exceptional Items Impact
Exceptional items of ₹335.38 crore had a significant impact on the Q4 Dish TV India results 2025, contributing to the substantial increase in quarterly losses. While lower than the ₹402.69 crore exceptional item in Q4 FY24, this remains a significant burden on the company’s financial performance.
The Dish TV India quarterly results reveal that the company faces substantial financial headwinds. With expanding losses, declining revenue, and competitive pressure from OTT platforms, the management will need to implement strategic solutions to address these challenges and enhance financial performance in the coming quarters.
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