Twelfth BCS Ratna Award boasts stellar lineup; to be held on Aug 5 
Netflix says FIFA WC ’26 drove football fandom across the platform 
India grills senior Meta execs for 2nd day on local laws’ compliance 
The ‘dhoka’ show ‘The Traitors’ returns for second season Aug 13 
Mumbai hosts BRICS creative mkt. to spur cross-border partnerships 
Sunny’s ‘Ghayal’ returns to theatres today ahead of ‘Batwara’ 
Tata Play, India’s largest direct-to-home (DTH) TV operator, reported a significant financial setback for the fiscal year 2024, with losses ballooning over three-fold due to increased competitive pressures in its core DTH business.
According to the company’s regulatory filings, Tata Play posted a net loss of ₹354 crore for the fiscal year ended March 31, compared to ₹105 crore the previous year. Revenue from operations dropped by more than 4 percent to ₹4,304 crore, while expenses rose by 1.47 percent to ₹4,761 crore.
The DTH segment, which has been the cornerstone of Tata Play’s business, reported a net loss of ₹247 crore in FY24, a stark contrast to the net profit of ₹20 crore in FY23. Revenue from the DTH segment fell 7.45 percent to ₹3,983 crore, The Economic Times reported.
Despite these challenges, Tata Play’s broadband business showed signs of improvement. The net loss in this segment narrowed by 13 percent to ₹108 crore, while revenue surged 27 percent to ₹329 crore.
