Broadcasting & Cable TV company GTPL Hathway Announced Q1FY23 Result :

• GTPL Hathway delivers consistently in Q1 FY23, reports revenue of Rs 6,454 million
• Consolidated Revenue of Rs 6,454 million - a growth of 10% YoY
• Subscription Revenue of Rs 2,727 million - a growth of 3% YoY
• Broadband Revenue of Rs 1,139 million, up by 24% YoY
• PAT stood at Rs 433 million
• Broadband subscribers grew by 1,55,000 YoY and by 29,000 QoQ
• Total active broadband subscribers reach 8,45,000 and Homepasses reach 4.85 million

Commenting on the Results, Mr Anirudhsinh Jadeja, Managing Director, GTPL Hathway Limited, said, “We have been consistent in achieving our goals across all business segments. We are the largest MSO in India and continue our strategy of expansion in new geographies and deeper penetration in our existing markets.

The key highlights of Q1 FY23 are stable digital cable TV subscription revenues and growth in subscribers as well as revenues in the Broadband business. GTPL has again been listed amongst “India’s Top 500 Companies 2022”, second year in a row, as released by Dun & Bradstreet.

We have entered FY23 with a positive outlook for our businesses and confidence in our ability to continue its successful evolution.”

Result PDF