GTPL Hathway Limited (GTPL), India’s leading Digital Cable TV and Broadband Service provider, on Friday announced the financial results for the fourth quarter ended on March 31, 2022, which were approved by its Board of Directors.

Key Highlights:

Consolidated Q4 FY22 revenue (incl. EPC) at ₹6,209 million; Consolidated FY22 revenue (incl. EPC) at ₹5,991 million; up 4% y-o-y

Q4 FY22 ISP Revenue at ₹4,075 million; up by 46% y-o-y

Q4 FY22 EBITDA (incl. EPC) at ₹5,677 million; up by 4% y-o-y

Q4 FY22 PAT at ₹2,006 million; up 6% y-o-y

Commenting on the performance, Anirudhsinh Jadeja, Managing Director, GTPL Hathway, said in a statement, “We are proud to announce another year of consistent performance across all business segments. GTPL is now the largest MSO in the country, continues to be the largest MSO and Broadband player in Gujarat, and has a significant presence in all other markets.

We continued to deliver on our KPIs and grew by expanding into new geographies as well as penetrating deeper into existing markets. The key highlights of FY22 are stable subscription revenues, profitability, and return ratios with a healthy balance sheet. The Company’s Board has recommended a dividend of Rs 4 per share for FY22.

The launch of GTPL Genie is a path-breaking initiative bringing subscription of bundled Live TV and OTT applications at competitive prices to our consumers. We are committed to delivering value to all our stakeholders with adept and prudent financial practices.”

Revenue stood at ₹15,677 million; up 8% y-o-y

Revenue (ex. EPC) at ₹15,264 million; up 7% y-o-y

CATV subscription revenue at ₹7,488 million

Broadband revenue at ₹4,070 million, up 51% y-o-y