GTPL Hathway Q3 Results: Profit Jumps 8.9%, Revenue Rises Amid Expansion
Overview
GTPL Hathway reported strong third-quarter financial results, posting an 8.9% year-on-year increase in net profit to ₹11 crore and a 5.1% rise in revenue to ₹932.6 crore. The company also achieved margin expansion and saw growth in its broadband subscriber base. These positive financial metrics accompany ongoing expansion efforts across its cable TV and broadband services.
Stocks Mentioned
Financial Performance Bolstered
GTPL Hathway Ltd. shares saw increased investor attention Tuesday following the company's announcement of robust third-quarter financial results. The company reported growth across key financial metrics, including net profit, revenue, EBITDA, and profit margins for the period ending December.
Net profit for the quarter advanced 8.9% year-on-year, reaching ₹11 crore from ₹10.1 crore in the previous year. Revenue saw a significant 5.1% uplift, totaling ₹932.6 crore compared to ₹887.2 crore in the same quarter last fiscal. Earnings before interest, taxes, depreciation, and amortization (EBITDA) grew 7.2% to ₹113.3 crore. Margins saw a slight improvement, expanding to 12.1% from 11.9% a year prior.
Operational Expansion Fuels Growth
The cable television segment reported a strong user base, with 9.4 million active subscribers and 8.7 million paying subscribers by the close of the December quarter. GTPL Hathway also introduced GTPL Infinity, a service designed to enable pan-India content delivery at scale using HITS technology. The company is actively expanding its operational footprint in key regions, including Andhra Pradesh, Telangana, Tamil Nadu, the Northeast, Haryana, Uttarakhand, and Chhattisgarh.
Broadband Business Sees Steady Gains
In its broadband division, GTPL Hathway recorded an increase of 18,000 subscribers compared to the previous year. The average revenue per user (ARPU) stood at ₹465 as of December 2025. The company's homepass network reached 5.95 million, with 75% of this infrastructure available for fiber-to-the-X (FTTX) conversion.
Average data consumption per customer also saw a notable increase, rising 12% year-on-year to 410 GB per month during the third quarter.
Stock Lags Despite Positive Results
GTPL Hathway shares concluded the previous trading session with a modest 0.4% gain, closing at ₹97.5 per share. Despite the recent positive quarterly results, the stock has experienced a considerable decline of 20.3% over the past twelve months.
