DTH operator reported a consolidated net loss of Rs 28.33 crore for March quarter against a net profit of Rs 482.77 crore in the corresponding quarter last year in January-March a year ago, Dish TV said in a BSE filing.
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Dish TV plummeted over 11 %. intraday on Thursday after investors turned cautious of the stock post dismal Q4 numbers.
Dish TV's total expenses were at Rs 748.07 crore, up 0.91% , as against Rs 741.28 crore of Q4 of FY 2015-16.The stock lost over 12 percent in the past one month, while its three-day loss was at 16 %. At 09:50 hrs, Dish TV India was quoting at Rs 82.15, down Rs 9.70, or 10.56 % on the BSE. It touched a 52-week low of Rs 81.60.
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