GTPL Hathway Limited, one of India’s largest digital cable TV service and broadband providers, has announced its financial results for the quarter ended December 31, 2024 with solid numbers.

Q3 FY25 total revenue stood at Rs. 8,957 million, a growth of 4 percent Y-o-Y, while the EBITDA for Q3 FY25 stood at Rs. 1,138 million with an EBITDA margin of 12.7 percent and an operating EBITDA margin of 21.8 percent.

In digital cable TV, active subscribers were 9.60 million as of December 31, 2024, with an increase by 200K Y-o-Y. Paying subscribers stood at 8.90 million, reflcting an increase by 200K Y-o-Y. Total subscription revenue from cable TV stood at Rs. 3024 million

In broadband, the subscribers increased by 37,000 Y-o-Y, thus standing at 1042K. Homepass as on December 31, 2024 stood at 5.95 ,illion, an addition of 350K Y-o-Y. Of the 5.95 million, 75 percent were available for FTTX conversion.

Broadband average revenue per user (ARPU) stood at Rs. 465 per month per subscriber for the quarter and increased by Rs. 5 Y-o-Y. Average data consumption per user per month was 365 GB, an increase of 6 percent Y-o-Y.

Commenting on the results, Anirudhsinh Jadeja, GTPL Hathway Limited MD said, “GTPL continues to consistently grow subscriber base across both business divisions, reflecting our commitment to provide best in class and innovative products and services to our customers. Our focus on providing a holistic experience for our subscribers has enabled us to maintain our position as the largest MSO in the country.

“We are confident of our growth in upcoming quarters in both the business segments based on favourable industry dynamics towards continued consolidation.”