GTPL Hathway FY27 Q1 revenue tops Rs.10.2bn; YoY up 12%
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6 hours ago 06:00:42am Television

GTPL Hathway FY27 Q1 revenue tops Rs.10.2bn; YoY up 12%

New Delhi, 17 -July -2026, By IBW Team

GTPL

Communications services company GTPL Hathway Ltd. has reported a 12 percent year-on-year rise in consolidated revenue to Rs. 10,199 million for the quarter ended June 30, 2026, while EBITDA stood at Rs. 1,092 million with an EBITDA margin of 10.7 percent.

Profit after tax came in at Rs. 23 million during the quarter ended June 30, 2026, compared with Rs. 105 million in the year-ago period, a press release from GTPL Hathway said.

The company, which announced its quarterly financials on June 15, said broadband revenue rose 5 percent year-on-year to Rs. 1,425 million, while Digital TV subscription revenue stood at Rs. 2,913 million. Operating EBITDA margin remained at 22 percent.

Active Digital TV subscribers stood at 9.60 million and broadband active subscribers at 1.06 million as of June 30, 2026.

During the quarter, GTPL Hathway signed a business transfer agreement to acquire seven ACT Group Digital TV businesses for Rs. 362.3 million, with completion expected by September 15, 2026.

The acquisition will add around 600,000 Digital TV subscribers across four states, strengthening the company’s presence in southern and eastern India while creating cross-selling opportunities across the expanded subscriber base.

The broadband business added 10,000 subscribers year-on-year, taking the subscriber base to 1.06 million. The company’s broadband home-pass reached 5.95 million, with around 75 percent available for fibre-to-the-home conversion.

Broadband average revenue per user increased by Rs. 5 year-on-year to Rs. 470 per month, while average monthly data consumption per user rose 6 percent year-on-year to 436 GB.

GTPL Hathway Managing Director Anirudhsinh Jadeja said the company delivered a stable performance despite a challenging global environment and geopolitical uncertainties, maintaining its subscriber base and revenue across both digital TV and broadband businesses.

He said the launch of GTPL Infinity, the company’s HITS platform, marked an important step in strengthening its TV distribution ecosystem and was witnessing encouraging traction, while broadband continued to be a key growth driver supported by network expansion, service quality improvements and rising demand for high-speed connectivity.

“As we move forward, we will continue to leverage our strong distribution network, digital service ecosystem, and bundled offerings to drive growth and create lasting value for all stakeholders in both business segments,” he added.


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