Q1FY27 · Consolidated

Dish TV posted a Rs 108.71 cr operating loss in Q1FY27

Expenses exceeded revenue, while interest and depreciation kept the consolidated pre-tax loss at Rs 286.31 cr despite zero tax.

By Ashutosh

Filed 11 Aug 2026, 18:39 IST · after market close · DISHTV (DISHTV)

Key takeaways

  • Dish TV’s consolidated expenses of Rs 374.54 cr exceeded revenue of Rs 265.83 cr, resulting in an operating loss of Rs 108.71 cr.
  • Interest of Rs 67.60 cr and depreciation of Rs 115.62 cr pushed the consolidated pre-tax loss to Rs 286.31 cr.
  • A zero tax charge did not reduce the consolidated net loss of Rs 286.31 cr, which translated into EPS of Rs -1.49.

Expenses remained above revenue

Dish TV’s consolidated revenue of Rs 265.83 cr did not cover expenses of Rs 374.54 cr, leaving an operating loss of Rs 108.71 cr. The resulting operating margin was -40.90%, showing that the loss was already established before interest and depreciation.

Interest and depreciation deepened the loss

Interest of Rs 67.60 cr and depreciation of Rs 115.62 cr added substantial charges below operating profit, taking the consolidated result to a pre-tax loss of Rs 286.31 cr. Other income of Rs 5.63 cr provided only limited offset. The tax line was zero, so there was no tax benefit to reduce the reported net loss.

No comparison or trend signal is available in this quarter’s release

The current consolidated results show a business operating below its expense base, but the release does not provide a year-on-year or sequential comparison to establish the direction of revenue, costs or margins. The reported EPS was Rs -1.49.

Results were filed after market close

The consolidated results were filed after market close on 11 Aug 2026. The stock’s response is therefore not part of this update, and there is no historical reaction context attached to this quarter.

Q1FY27 at a glance

Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.

Line itemQ1FY27
Revenue₹266 cr
Other income₹6 cr
Expenses₹375 cr
Operating profit₹-109 cr
Operating margin (%)-40.90%
Interest₹68 cr
Depreciation₹116 cr
Profit before tax₹-286 cr
Tax₹0 cr
Net profit₹-286 cr
EPS (₹)₹-1.49

What to watch

  • Whether revenue moves closer to covering expenses of Rs 374.54 cr.
  • Whether operating margin improves from -40.90%.
  • Whether interest of Rs 67.60 cr and depreciation of Rs 115.62 cr remain the main below-operating charges.

Figures are as filed by the company with the NSE and are reproduced automatically. Educational market commentary only — not investment advice and not a recommendation to buy or sell any security. Results filed 11 Aug '26.