On July 11, 2025, GTPL Hathway shares fell over 2%, reaching a day low of ₹120.95 at 10:45 AM, after opening at ₹123.00 on BSE. The fall in GTPL Hathway share price follows the release of results for the quarter ended June 30, 2025 (Q1 FY26).
GTPL Hathway Limited demonstrated consistent growth across both its core business verticals—Digital Cable TV and Broadband—while maintaining strong operational efficiency.
In Q1 FY26, GTPL Hathway reported a total revenue of ₹9,091 million, reflecting a 7% increase compared to the same quarter last year. This growth is attributed to stable performance in the subscription-based services and expansion in broadband usage. The company achieved an EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortisation) of ₹1,123 million, resulting in an EBITDA margin of 12.4%.
Additionally, its operating EBITDA margin, which excludes non-core items, stood at a healthy 22%. The Profit After Tax (PAT) for the quarter came in at ₹105 million, underscoring the company's focus on sustaining profitability while investing in infrastructure and customer acquisition.
GTPL Hathway continued to strengthen its market dominance in the Digital Cable TV segment during the quarter. As of June 30, 2025, the company had 9.60 million active subscribers, of which 8.90 million were paying subscribers, demonstrating a high conversion rate. The segment generated ₹3,018 million in subscription revenue for Q1 FY26, indicating sustained customer engagement and consistent demand for digital content. The strong subscriber base and revenue performance affirm the company’s focus on service quality and regional content offerings.
The broadband division continued its upward trajectory, supported by increased demand for high-speed internet services. The company added 20,000 new subscribers year-on-year, bringing the total broadband subscriber base to 1.05 million. Revenue from broadband services increased by 1% year-on-year to ₹1,359 million in Q1 FY26.
GTPL's Homepass network expanded to 5.95 million homes, with 50,000 new homes added in the past year. Notably, 75% of this network is now ready for FTTX (Fiber to the X) conversion, enabling the company to offer faster and more reliable internet services as part of its long-term digital strategy.
GTPL Hathway continued to see increased customer engagement in its broadband services. The Average Revenue Per User (ARPU) rose by ₹5 over the previous year to ₹465 per month, reflecting strong retention and value-added service uptake. Average data consumption per user also surged to 410 GB per month, marking a 17% year-on-year increase.
These trends highlight the growing reliance on broadband for work, education, and entertainment, and reinforce GTPL’s position as a dependable provider of high-speed internet services in both urban and semi-urban regions.
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Published on: Jul 11, 2025, 11:22 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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