The consolidated revenue stood at Rs 275 crore in Q4 as against Rs 308 crore. The cable subscription revenue stood at Rs 159 crore as against Rs 172 crore a quarter ago. Placement revenue came in at Rs 66 crore as against Rs 81 crore. The broadband subscription income remained flat at Rs 17 crore.
Its total expenditure declined to Rs 237 crore from Rs 260 crore. Content costs fell to Rs 126 crore from Rs 149 crore. On a full-year basis, the company posted an EBITDA of Rs 183 crore compared to Rs 284 crore in the previous fiscal. Income stood at Rs 1207 crore from Rs 1286 crore. Expenditure was up marginally at Rs 1024 crore from Rs 1003 crore.
The MSO’s cable subscription registered a hike at Rs 673 crore from Rs 667 crore. Broadband subscription revenue stood Rs 66 crore as against Rs 73 crore. Placement revenue for fiscal was Rs 313 crore compared to Rs 345 crore. The content cost was Rs 543 as against Rs 540 crore.
As per MSO, it has recognised provision for impairment of trade receivables and Property Plant & Equipment including Set-top boxes (STBs) amounting to Rs. 184.6 crore due to the implementation of the new tariff order of the Telecom Regulatory Authority of India (TRAI).
The MSO added that one-time exceptional provision has also been recognised for certain tax-related matters and other assets amounting to Rs. 26.5 crore. These adjustments, having a one-time, non-routine material impact on financial statements, hence been disclosed as “Exceptional Item” in Financial Results.