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In the corresponding quarter of the previous fiscal, GTPL Hathway posted a net profit of ₹23.6 crore, the company said in a regulatory filing. The company’s revenue from operations increased 4.3% to ₹887.2 crore against ₹850.8 crore in the corresponding period of the preceding fiscal.
#3QWithCNBCTV18 | GTPL Hathway Reports #Q3 earnings
Net Profit Down 57.2% At ₹10.1 Cr Vs ₹23.6 Cr (YoY)Revenue Up 4.3% At ₹887.2 Cr Vs ₹850.8 Cr (YoY)
EBITDA Down 12.6% At ₹105.3 Cr Vs ₹120.5 Cr (YoY)
Margin At 11.9% Vs 14.2% (YoY) pic.twitter.com/cQ3CBK2K3k
— CNBC-TV18 (@CNBCTV18Live) January 9, 2025
At the operating level, EBITDA dropped 12.6% to ₹105.3 crore in the third quarter of this fiscal over ₹120.5 crore in the year-ago period.Also Read: GTPL Hathway Q2 Results | Net profit plunges 63% to ₹13 crore, revenue up 10%
The EBITDA margin stood at 11.9% in the reporting quarter against 14.2% in the corresponding period of the previous fiscal. EBITDA is earnings before interest, tax, depreciation, and amortisation.
GTPL Hathway’s digital cable TV segment saw a year-on-year increase of 200,000 active subscribers, bringing the total to 9.60 million. Paying subscribers also grew by 200,000, reaching 8.90 million. This contributed to a total subscription revenue of ₹3,024 million.
In the broadband segment, GTPL Hathway added 37,000 subscribers year-on-year, bringing the total broadband subscriber count to 1.04 million. The company’s homepass reached 5.95 million, with 75% of it available for FTTX conversion.
Broadband ARPU stood at ₹465 per month, reflecting a slight increase of ₹5 compared to the previous year. Additionally, average data consumption per user grew by 6%, reaching 365 GB per month.
The results came after the close of the market hours. Shares of GTPL Hathway Ltd ended at ₹148.25, up by ₹12.20, or 8.97%, on the BSE.
(Edited by : Shoma Bhattacharjee)
First Published: Jan 9, 2025 8:44 PM IST
