Den Network Result Second Quarter 2018

Published On: November 14th 2018 at 9:41 PM

 Consolidated Revenues for Q2 FY’19 is almost flat at Rs. 310 crores vs. Rs 314 crores in 01 FY’19.

 Cable subscription increased to Rs. 172 crores during the quarter while the ARPU registered a growth of 3% in 02 FY’19 Vs Q1 FY’19.

 Concerted efforts on costs continue —- other opex cost (excluding content cost) as % revenue reduced to 36% in C12 FY19 Vs 37% in Q1 FY19.

 The Consolidated EBITDA as per lNDAS for Q2’FY19 stood at Rs 50 crs (Vs. Rs 47 crs in Q1’FY19) i.e., a growth of 8% Quarter on quarter. On an overall basis, the consolidated EBITDA including associates (the entities which are not getting consolidated as per lNDAS) for Q2’FY19 stood at Rs 55 crs.

 Broadband revenues for the quarter were marginally higher at Rs 17 crs. ARPU and subscriber base remains intact in our existing markets. On the 100 city expansion plan, we were able to add another 18 cities taking the total coverage to 46 cities by QZ’FY 19 end with 100 city plan contributing an active subscriber base of +12.5K (Total Broadband subscriber base — 112K).

 Net debt improved to Rs 147 crs as of 30th September’2018 Vs. Rs 190 Crs as of 30‘h June 2018.