Financial Performance
GTPL Hathway Limited reported results for the quarter ended 30 June 2026 (Q1 FY27). Total consolidated revenue was ₹10,199 million, representing a 12 % increase year‑on‑year. Broadband revenue contributed ₹1,425 million, up 5 % YoY, while Digital TV revenue was ₹2,913 million. EBITDA amounted to ₹1,092 million, delivering an EBITDA margin of 10.7 % and an operating EBITDA margin of 22 %. Profit after tax was ₹23 million, reversing a loss of ₹153 million in the preceding quarter.
Operational Highlights
Digital TV active subscriber base stood at 9.60 million, of which 8.90 million were paying subscribers as of 30 June 2026. Broadband active subscribers increased by 10 k YoY to 1.06 million, and the broadband home‑pass footprint reached 5.95 million, with approximately 75 % of these premises eligible for FTTH conversion. Broadband average revenue per user (ARPU) rose to ₹470 per month, a ₹5 increase YoY, and average data consumption per user grew to 436 GB per month, up 6 % YoY.
Strategic Acquisition
The company signed a business transfer agreement to acquire seven Digital TV businesses of the ACT Group for ₹36.23 crore. Completion is expected by 15 September 2026. The transaction will add roughly 600,000 Digital TV subscribers across four key states in South and East India, strengthening GTPL’s regional footprint and creating cross‑selling opportunities.
Platform Launch – GTPL Infinity
GTPL launched its Head‑End‑In‑The‑Sky (HITS) platform, named GTPL Infinity, backed by a C‑Band teleport in Ahmedabad and powered by the Telkom‑4 satellite. The platform offers pan‑India coverage, rapid deployment, and delivers approximately 800 channels, including about 100 HD channels.
Company Overview
GTPL Hathway Limited is the largest Multi‑System Operator (MSO) for Digital TV services in India and a leading private wireline broadband provider. The firm operates in over 1,600 towns across 27 states and five union territories, supported by more than 51,000 business partners, 200 broadcasters, 1,750 enterprise clients, and participation in over 30 government projects. Its portfolio includes 975+ TV channels, of which 130+ are GTPL‑owned.
Management Commentary
Managing Director Anirudhsinh Jadeja stated that despite a challenging global environment and geopolitical uncertainties, the company delivered stable performance, maintained its subscriber base, and achieved growth in both Digital TV and Broadband segments. He highlighted the launch of GTPL Infinity as a significant step for the TV distribution ecosystem and reaffirmed confidence in long‑term growth prospects.
Disclaimer
The release contains forward‑looking statements that involve risks and uncertainties, including industry downturns, political and economic changes, tax law modifications, litigation, labor relations, exchange‑rate fluctuations, technological changes, and other factors that could cause actual results to differ materially from those expressed or implied.