Earning Release

August 11, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Bandra- Kurla Complex, Phiroze Jeejeebhoy Towers, Dalal Street, Bandra (E), Mumbai - 400 051 Mumbai – 400 001 NSE Symbol: - DISHTV BSE Scrip Code: 532839 Kind Attn. : Corporate Relationship Department Subject : Earning Release Reference : Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, In continuation to our disclosure filed with the stock exchanges in respect of the Outcome of Board Meeting dated August 11, 2026, please find enclosed the Earning Release of the Company on the Un- audited Financial Results of the Company for the first quarter and three months ended June 30, 2026 (Q1) of the Financial Year 2026-27. You are requested to take the above information on your records and disseminate the same. Thanking you, Yours truly, For Dish TV India Limited Balveer Singh Company Secretary & Compliance Officer Membership No.: A59007 Contact No.: +91-120-504 7000 Encl.: As above DISH TV INDIA LIMITED Earnings Release for the Quarter Ended June 30, 2026 Dish TV India Reports Q1 FY27 Results; Driving Transformation Through the VZY Connected Entertainment Ecosystem NOIDA, India, 11th August 2026: Dish TV India Limited (NSE: DISHTV | BSE: 532839 | LSE: DTVL), one of India's leading content distribution and connected entertainment companies, today announced its unaudited consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved and took on record the unaudited consolidated financial results of the Company and its subsidiaries for the quarter ended June 30, 2026. Q1 FY27 Financial Highlights  Operating Revenue: ₹2,658 million  Subscription Revenue: ₹1,613 million  EBITDA: ₹ (1,087) million Strategic Progress During the quarter, Dish TV continued to execute its long-term strategy of evolving from a traditional DTH operator into a connected entertainment platform, strengthening its VZY ecosystem while enhancing customer engagement through differentiated entertainment propositions. Key strategic developments during the quarter included: VZY Smart TV ecosystem includes installation of TV at consumer home, call centre for grievance redressal, bundling of content including OTT, content of choice at nominal charges and all smart TV features as per latest trend. Always On was introduced to engage customer and pay as you watch concept so that churn is minimized and long-term association is assured. Emphasize on South Market with introductory pack of Rs. 149 in all regional language of South India. These initiatives reinforce Dish TV's strategic focus on building a differentiated hybrid entertainment ecosystem that integrates linear television, connected devices and digital content experiences. Operating Performance Operating Revenue for the quarter stood at ₹2,658 million, while EBITDA was ₹ (1,087) million, translating into an EBITDA margin of (40.90) %. Profit/(Loss) stood at ₹ (2,863) million. The operating environment during the quarter continued to reflect structural shifts across the media and entertainment industry, driven by evolving consumer viewing habits, increasing digital adoption, growing content fragmentation and heightened competitive intensity. Management Commentary Manoj Dobhal CEO & Executive Director, DishTV India Limited, said: "Our priority continues to be creating long-term value by strengthening our core DTH business while building the connected entertainment platform of the future. During the quarter, we focused on enhancing customer experience through initiatives such as 'Always-On', expanding our regional offerings and reinforcing subscriber engagement, while simultaneously scaling the VZY ecosystem to address the evolving entertainment preferences of consumers." "We believe India's entertainment market will increasingly be defined by convergence rather than substitution. By integrating television, streaming and connected experiences under the VZY platform, while continuing to invest in our DTH franchise, we are building a differentiated hybrid entertainment ecosystem that positions us for sustainable growth in an evolving media landscape." Outlook Dish TV remains focused on accelerating its transformation into a comprehensive connected entertainment company through continued investment in technology, customer experience and strategic partnerships. Key priorities for the coming quarters include:  Scaling the VZY Smart TV ecosystem across priority markets.  Strengthening the integration of DTH, OTT aggregation and connected device capabilities.  Expanding regional entertainment propositions and sports-led offerings to deepen customer engagement.  Enhancing content discovery and accessibility through technology-led innovations.  Building strategic partnerships that strengthen the connected entertainment ecosystem.  Driving operational efficiencies while maintaining financial discipline  Creating new growth opportunities across emerging entertainment segments while continuing to serve the Company's large and loyal subscriber base. As India's entertainment ecosystem continues to converge across television, streaming and connected devices, Dish TV believes its hybrid entertainment strategy positions the Company to capture emerging opportunities and create sustainable long-term value for all stakeholders. Condensed Quarterly Statement of Operations The table below shows the condensed consolidated statement of operations for Dish TV India Limited for the quarter ended June 30, 2026, compared to the quarter ended June 30, 2025: Note: 1) Numbers in the table may not add up due to rounding off. 2) Previous year figures have been regrouped wherever necessary. Revenues Dish TV’s operating revenues include subscription revenues, marketing and promotional fees, advertisement income and other income. The table below shows each as a percentage of operating revenues: Quarter ended % of Quarter ended % of change Rs. million June 2026 Revenues June 2025 Revenues Y-o-Y Subscription revenues 1,613 60.7 2,731 82.9 (40.9) Marketing and promotional 261 9.8 324 9.8 (19.6) Fees Advertisement income 46 1.7 44 1.3 4.8 Other Operating income 739 27.8 195 5.9 279.2 Total revenues 2,658 100.0 3,294 100 (19.3) Note: 1) Numbers in the table may not add up due to rounding off. 2) Previous year figures have been regrouped wherever necessary. Expenditure s . m illio n u b s c r ip t io n R e v e n u e s p e r a t in g R e v e n u e s x p e n d it u r e B IT D A t h e r In c o m e e p r e c ia t io n & a m o r t is a t io n e x p e n in a n c e c o s t s r o fit / (L o s s ) b e fo r e e x c e p t io n a l it e x c e p t io n a l It e m s r o fit / (L o s s ) b e fo r e t a x a x e x p e n s e : -C u r r e n t T a x -C u r r e n t T a x - P r io r Y e a r s -D e fe r r e d t a x -c o n t in u e d o r o fit / (L o s s ) fo r t h e p e r io d Q u a r t e r e n d e d 3 0 J u n e 2 0 2 6 1 ,6 1 2 ,6 5 3 ,7 4 (1 ,0 8 1 ,1 5 (2 ,8 6 (2 ,8 6 (2 ,8 6 Q u a r t e r e n d e d 3 0 J u n e 2 0 2 5 2 ,7 3 3 ,2 9 2 ,5 6 1 ,0 5 (9 1 (9 1 (9 4 % C h a n g e Y -o -Y (4 0 (1 9 (2 4 9 Dish TV’s primary expenses include cost of goods and services, personnel cost and other expenses. The table below shows each as a percentage of operating revenues: Quarter ended % of Quarter ended % of % change Rs. million June 2026 Revenues June 2025 Revenues Y-o-Y Cost of goods & services 2,387 89.8 1,532 46.5 55.8 Personnel cost 439 16.5 422 12.8 4.0 Other expenses (Including S&D exp.) 920 34.6 612 18.6 50.4 Total expenses 3,745 140.9 2,565 77.9 46.0 Note: 1) Numbers in the table may not add up due to rounding off. 2) Previous year figures have been regrouped wherever necessary. Caution Concerning Forward-Looking Statements: This document includes certain forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may [Showing first 8,000 characters — download PDF for full document]