Mumbai: Zee group company Dish TV India Wednesday announced a net loss of Rs 115.06 crore for the quarter ended 31 March, 2008, against a net loss of Rs100.18 crore in the corresponding quarter last year.
The total income rose to Rs136.36 crore in the latest quarter, from Rs66.63 crore in the same period last year, Dish TV said in a filing to the Bombay Stock Exchange.
For the year ended March 31, 2008, the group reported a consolidated net loss of Rs 414.13 crore, compared to a net loss of Rs240.07 crore in the previous fiscal.
The total income rose to Rs 416.18 crore in FY’08 from Rs 196.24 crore in the year-ago period.
The company announced a standalone net loss of Rs413.20 crore in FY’08 as against a net loss of Rs251.88 crore in the year-ago period.
The total income rose to Rs415.72 crore in FY’08, from Rs194.31 crore in the previous fiscal.
Further, the board has approved the raising of Rs1,140 crore through the rights issue.
Shares of Dish TV were trading at Rs 42.35, up 2.42% in the late afternoon trade on the BSE.