Thursday, 20 October 2011

Dish TV’s Q2 Net Loss Widens on Higher Sales Tax

NEW DELHI Direct-to-home services provider Dish TV on Wednesday posted a net loss of . 48.56 crore for the second quarter ended September 30, 2011. The company's net loss during the three months ended September 30, 2010 was . 45.17 crore. Dish TV India Chief Operating Officer Salil Kapoor said that . 18 crore loss was incurred due to higher sales tax payments on large number of set-top-boxes sold by the company ahead of the festive season.

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