GTPL Hathway reports steady FY26 growth, launches HITS platform for expansion
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3 hours ago 06:00:02am Television

GTPL Hathway reports steady FY26 growth, launches HITS platform for expansion

New Delhi,16-April-2026, By IBW Team

GTPL

GTPL Hathway Limited reported a stable financial performance for the quarter and full year ended March 31, 2026, underlining consistent growth across its cable TV and broadband businesses while strengthening its long-term expansion strategy.

In a press release, the company said its total revenue for Q4 FY26 stood at Rs.9,344 million, marking a 4 percent year-on-year growth, while full-year revenue rose to Rs.37,466 million, up 7 percent annually. The performance reflects steady traction in its core businesses despite a competitive and evolving market environment.

The company’s EBITDA for the quarter came in at Rs.908 million with a margin of 9.7 percent, while annual EBITDA stood at Rs.4,321 million, translating to a margin of 11.5 percent. The board has also recommended a dividend of Rs.2 per share for FY26, signalling confidence in its financial position.

Operationally, GTPL continued to maintain a strong subscriber base. Its digital cable TV segment recorded 9.40 million active subscribers, with 8.70 million paying users, while broadband subscribers increased to 1.06 million, reflecting a year-on-year addition of 15,000 users. Broadband revenue stood at Rs.1,394 million for the quarter and Rs.5,580 million for the full year.

The company also highlighted growth in consumption patterns, with average data usage per broadband user rising 10 percent year-on-year to 436 GB per month, while ARPU remained at Rs.465. Its broadband home-pass footprint expanded to 5.95 million, indicating further scope for conversion and penetration in key markets.

A key strategic development during the year was the launch of ‘GTPL Infinity’, a Headend-in-the-Sky (HITS) platform designed for nationwide TV signal distribution. The platform, supported by a large C-band teleport facility in Ahmedabad, enables partners to roll out services within 24 hours while optimising costs and improving scalability.

Commenting on the results, Managing Director Anirudhsinh Jadeja said the company delivered consistent performance across segments and remains focused on enhancing customer experience through value-added services such as OTT, gaming, and TV Everywhere offerings. He added that the company aims to deepen engagement while driving long-term revenue growth through bundled and standalone services.

Looking ahead, GTPL indicated that FY27 will be a critical phase, with plans to strengthen its TV distribution capabilities through the newly launched platform and further scale broadband penetration across key markets, positioning itself for sustained growth in India’s digital connectivity landscape.


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