Key Financial Highlights (Consolidated Q1 FY27)

Revenue Performance:

  • Total Revenue: ₹10,199 Million, representing 12% year-over-year growth
  • Digital TV Revenue: ₹2,913 Million
  • Broadband Revenue: ₹1,425 Million, showing 5% YoY growth

Profitability Metrics:

  • EBITDA: ₹1,092 Million
  • EBITDA Margin: 10.7%
  • Operating EBITDA Margin: 22% (calculated as EBITDA net of Activation & Other income divided by Subscription + ISP + Other Operating income)
  • Profit After Tax: ₹23 Million

Comparative Performance:

| Metric | Q1 FY27 | Q4 FY26 | Q1 FY26 | Full Year FY26 |

| Digital TV Revenue (₹Mn) | 2,913 | 2,850 | 3,018 | 11,862 |

| Broadband Revenue (₹Mn) | 1,425 | 1,394 | 1,359 | 5,580 |

| Total Revenue (₹Mn) | 10,199 | 9,344 | 9,091 | 37,466 |

| EBITDA Margin (%) | 10.7% | 9.7% | 12.4% | - |

| Operating EBITDA (%) | 22% | 17% | 22% | - |

| Profit After Tax (₹Mn) | 23 | (153) | 105 | - |

Operational Highlights

Digital TV Business:

  • Active subscribers: 9.60 Million as of June 30, 2026
  • Paying subscribers: 8.90 Million as of June 30, 2026
  • Subscription revenue: ₹2,913 Million for Q1 FY27

Strategic Acquisition - ACT Group Digital TV Business:

  • Signed business transfer agreement to acquire seven ACT Group Digital TV businesses
  • Acquisition value: ₹36.23 crore
  • Expected completion date: September 15, 2026
  • Adds approximately 6 lakh Digital TV subscribers across four key states
  • Strengthens footprint in South and East India
  • Creates cross-selling opportunities across expanded subscriber base

Broadband Business:

  • Active subscribers: 1,060,000 (1060K), increased by 10,000 YoY
  • Homepass footprint: 5.95 Million as of June 30, 2026
  • Approximately 75% of homepass available for FTTX conversion
  • Average Revenue Per User (ARPU): ₹470 per month per subscriber, increased by ₹5 YoY
  • Average data consumption: 436 GB per user per month, increased 6% YoY

Management Commentary

Mr. Anirudhsinh Jadeja, Managing Director, commented on the results:

  • Company delivered stable performance despite challenging global environment and market uncertainties from geopolitical developments
  • Maintained active subscriber base and revenue across both Digital TV and Broadband businesses
  • Launch of GTPL Infinity HITS platform strengthens TV distribution ecosystem
  • Platform provides scalable and efficient solution for content distribution across India
  • Encouraging traction and positive interest in the platform
  • Broadband business remains key growth driver supported by network expansion and service quality improvements
  • Company will leverage strong distribution network, digital service ecosystem, and bundled offerings to drive growth

Corporate Overview

GTPL Hathway Limited is India's largest Multi System Operator (MSO) for Digital TV services and a leading private wireline broadband service provider. Key facts:

  • Largest Digital TV and wireline broadband service provider in Gujarat
  • Prominent Digital TV operator in West Bengal
  • Digital TV services extend to over 1,600+ towns across 27 States & 5 Union Territories
  • Ecosystem includes 51,000+ business partners, 200+ broadcasters, 1,750+ enterprise clients
  • Involvement in 30+ government projects
  • Portfolio of 975+ TV channels, including 130+ GTPL-owned platform services
  • GTPL Infinity HITS platform backed by C-Band teleport in Ahmedabad, powered by Telkom-4 satellite
  • Platform offers pan-India coverage with ~800 channels including ~100 HD channels