Business Wire India
- Operating EBITDA Margins jump 1.8x to 21.2%
- Subscription Revenue increases 19% to Rs.9,537 Mn
- Total Revenue, excluding activation surges 13% to Rs.14,186 Mn
- Entire base successfully migrated to New Tariff Order Regime
While commenting on the results, Mr. Rajesh Sethi of SITI Networks Limited mentioned: “SITI Networks maintained its consistent growth and grew its Subscription revenue by 19% YoY in consonance with tariff order implementation. A twin focus on cost effectiveness and improved monetization helped us to deliver strong Operating EBITDA at INR3,001 mn, a growth of 2x and simultaneously expanding margins 1.8x to 21.2%.”
Source: Businesswire