Dish TV Q2 Loss Widens to Rs 133 Crore; Utkarsh Small Finance Bank Reports Rs 349 Crore Loss

Dish TV India's quarterly net loss expanded to Rs 133 crore from Rs 37 crore year-on-year as operating revenue declined 26% to Rs 291 crore, while the company launched VZY Smart TVs integrating DTH and OTT services. Utkarsh Small Finance Bank's net loss widened to Rs 349 crore with gross NPAs rising to 12.42% from 3.88% a year ago, reflecting deteriorating asset quality across both companies.

Dish TV Fined Rs. 5.69 Lakh by Stock Exchanges for Board Composition Non-Compliance

NSE and BSE imposed fines totaling Rs. 5.69 lakh on Dish TV India for non-compliance with board composition and committee requirements for the quarter ended June 30, 2025. The company's board cited shareholder non-approval of director appointments and mandatory Ministry of Information and Broadcasting approvals as reasons beyond their control for maintaining only three directors instead of the required six.

Tax Commissioner Appeals Tribunal Decision Favoring DISH TV India in ₹421.9 Million Case

The Tax Commissioner has filed an appeal in court challenging a tribunal's decision that favored DISH TV India. The litigation involves an amount of ₹421.9 million.