GTPL Hathway Q1 FY26 Revenue Rises 7% YoY to ₹9,091 Mn; PAT Slips 27%
By Shishta Dutta | Published at: Jul 11, 2025 01:01 PM IST
Ahmedabad, July 11, 2025 – GTPL Hathway (NSE: GTPL, BSE: 540602) has announced its Q1 FY26 results. The company reported a consolidated revenue of ₹9,091 million, up 7% year-on-year. It continues to hold its ground as India’s largest digital cable TV provider and a major broadband player. Despite tough competition, GTPL has maintained steady revenue growth. The stock is likely to stay in focus as investors track its performance.
Key Financial Highlights: Q1 FY26
| Particulars (₹ in million) | Q1 FY26 | Q1 FY25 | QoQ (Q4 FY25) | FY25 |
|---|---|---|---|---|
| Digital Cable TV Revenue | 3,018 | 3,193 | 2,982 | 12,327 |
| Broadband Revenue | 1,359 | 1,348 | 1,358 | 5,456 |
| Total Revenue | 9,091 | 8,506 | 8,989 | 35,072 |
| EBITDA | 1,123 | 1,205 | 1,144 | 4,625 |
| EBITDA Margin (%) | 12.4% | 14.2% | 12.7% | 13.2% |
| Operating EBITDA Margin (%) | 22% | 23% | 22% | 22% |
| Profit After Tax | 105 | 143 | 105 | 479 |
- YoY Revenue Growth: +7%
- Broadband Revenue YoY Growth: +1%
- PAT: ₹105 million (flat QoQ, down 26.6% YoY)
Operational Highlights
Digital Cable TV
- Active Subscribers: 9.60 million
- Paying Subscribers: 8.90 million
- Cable TV Revenue (Q1 FY26): ₹3,018 million
Broadband
- Active Subscribers: 1.05 million (+20K YoY)
- Homepass: 5.95 million (+50K YoY), with 75% FTTX-convertible
- ARPU: ₹465/month (+₹5 YoY)
- Average Monthly Data Consumption: 410 GB (+17% YoY)
- Revenue: ₹1,359 million (+1% YoY)
Management Commentary
Anirudhsinh Jadeja, Managing Director, stated:
“The company has sustained its subscriber base across both our Cable TV and Broadband businesses, demonstrating operational resilience in a dynamically evolving and competitive industry landscape. Our long-term strategies remain firmly focused on sustainable growth, digital transformation, and delivering enhanced value to our customers.”
Strategic Outlook
GTPL is investing in infrastructure upgrades and digital capabilities to boost customer engagement and subscriber growth. The company aims to leverage emerging technologies and its extensive footprint across 26 states, 1,500+ towns, and a network of over 48,000 partners to maintain leadership in its core markets of Gujarat and West Bengal.
GTPL Hathway Stock Performance
As of 12:37 PM IST, GTPL Hathway shares are trading at ₹118.45, which represents a 3.13% dip from July 11, 2025. GTPL Hathway shares have declined by 31% over the past year, 13% year-to-date, and gained 1.16% marginally in the past month.
About GTPL Hathway
GTPL Hathway Limited is India’s largest MSO (Multi System Operator) for digital cable TV and a top private wireline broadband provider. The company’s platform offers 975+ TV channels (including 130+ GTPL-owned services) and serves both residential and enterprise customers. GTPL is listed on the NSE and the BSE.
REF: https://nsearchives.nseindia.com/corporate/GTPLHL_10072025201008_Intimation_of_Media_Release.pdf
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