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Dish TV Trims Marketing Budget as Hardware Push Deepens Q2 Losses

Dish TV Trims Marketing Budget as Hardware Push Deepens Q2 Losses

Dish TV India has cut back sharply on promotion, with marketing and promotional fees falling 8.9% to ₹30.2 crore in the second quarter of FY27. The tighter purse comes as the DTH operator reported a consolidated net loss of ₹295.7 crore for the quarter ended September 2026, more than double the ₹132.7 crore loss recorded a year earlier.

Operating revenue stood almost flat at ₹292.1 crore, up just 0.3%, but the mix has shifted. Subscription revenue fell 22.8% to ₹179.5 crore and now makes up 61.5% of operating revenue, down from nearly 80% a year ago. Advertisement income dropped 83.1% to ₹1.7 crore. Meanwhile, total expenditure jumped 40.8% to ₹365 crore, driven largely by a pivot toward hardware. Sales of LED and LCD televisions under the expanded VZY portfolio rose to ₹47.6 crore from ₹5.1 crore, while cost of goods and services climbed 51.2% to ₹216.7 crore, pushing EBITDA to a negative ₹72.9 crore from a positive ₹31.8 crore.

There were early signs of stabilisation, though. Dish TV added 2.1 lakh active subscribers, taking its base to 75.56 lakh, after losing over 4 lakh in the previous quarter. Engagement initiatives improved 30-day renewal rates by 1.5%, letting the company cut recharge discounts by 29%.

CEO Manoj Dobhal said the focus remains on strengthening core DTH while building a connected entertainment platform. Chief Customer Experience Officer Swami Mehra resigned October 30.

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