NSEPress Release1d ago · 13 Oct 2026, 08:12 pm
Press Release
GTPL Hathway Limited · GTPL
✦ AI Summary▲ PositiveResults
GTPL Hathway Limited has announced its financial results for the quarter and half year ended September 30, 2026, with a 19% year-over-year increase in total revenue to ₹ 11,464 Mn, and a 16% year-over-year increase in active digital cable TV subscribers to 11 Mn.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
GTPL Hathway Limited has informed the Exchange regarding a press release dated October 13, 2026, titled "Media Release on the Standalone and Consolidated Unaudited Financial Results for the quarter and half year ended September 30, 2026".
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October 13, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Plot No. C/1, G Block,
Mumbai 400 001 Bandra Kurla Complex, Bandra (East),
Mumbai – 400 051
Scrip Code: 540602 Trading Symbol: GTPL
Dear Sir/Madam,
Sub: Media Release on the Standalone and Consolidated Unaudited Financial Results for
the quarter and half year ended September 30, 2026.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, please find enclosed herewith a copy of Media Release on the Standalone and Consolidated
Unaudited Financial Results for the quarter and half year ended September 30, 2026.
The same will also be made available on the Company’s website viz. www.gtpl.net
Thanking you,
Yours faithfully,
For GTPL Hathway Limited
Ashwin Patel
Company Secretary & Compliance Officer
Encl: as above
GTPL Hathway Ltd: Digital TV Subscriber increased by 1.5 Mn : Total Revenue increased
by 19% YOY
Ahmedabad, October 13, 2026: GTPL Hathway Limited, India’s largest Digital Cable TV Service Provider and a
leading Broadband Service provider, announced its Financial Results for the Quarter ended September 30, 2026.
Key Financial Highlights:
Key Consolidated Business & Financial Highlights: Q2 FY27
Total Revenue Broadband Revenue Digital Cable TV Broadband
Active Subscribers Active Subscribers
11,464 Mn 1,459 Mn 11 Mn 1070 K
• Q2 FY27 Total revenue stood at ₹ 11,464 Mn, a growth of 19% Y-o-Y
• EBITDA for Q2 FY27 stood at ₹ 1103 Mn with an EBITDA Margin of 9.6% and an operating EBITDA margin of
20%.
Particulars (₹ in million) Q2 FY27 Q1 FY27 Q2 FY26 H1 FY27 H1 FY26 FY26
Digital Cable TV Revenue 3,455 2,913 3,024 6,368 6,042 11,862
Broadband Revenue 1,459 1,425 1,393 2,884 2,753 5,580
Total Revenue 11,464 10,199 9,649 21,663 18,741 37,466
EBITDA 1,103 1,092 1,101 2,194 2,224 4,323
EBITDA Margin (%) 9.6% 10.7% 11.4% 10.1% 11.9% 11.5%
Operating EBITDA* (%) 20% 22% 22% 21% 22% 21%
Profit After Tax -5 23 93 17 198 156
*Operating EBITDA (%) = (EBITDA net of Activation & Other income) / (Subscription+ ISP + Other Operating income)
Operational Highlights
Digital Cable TV
• Active subscribers were 11 Mn as of September 30, 2026, achieving an increase of 1.5 Mn (16%) Y-o-Y
• Paying subscribers stood at 10.3 Mn, increasing by 17% Y-o-Y
• Subscription revenue from Cable TV stood at ₹ 3,455 Mn for Q2 FY27, achieving an increase of 14% Y-o-Y.
Broadband
• Increase in broadband subscribers by 20K Y-o-Y thus standing at 1070K
• Broadband revenue grew by 5% YoY to ₹ 1,459 Mn in Q2 FY27
• Homepass as on September 30, 2026, stood at 6 Mn - an addition of 50K Y-o-Y. Of the 6 Mn, ~75% available for
FTTX conversion
• Broadband Average Revenue Per User (ARPU) stood at ₹ 470 per month per subscriber, increased by ₹5 Y-o-Y
• Average data consumption per user per month was 436 GB, an increase of 6% Y-o-Y.
Commenting on the results, Mr. Anirudhsinh Jadeja – Managing Director, GTPL Hathway Limited, said,
“In the first half of FY27, we have remained focused on expanding our footprint, improving the scalability of our
operations and building a stronger platform across Digital TV and Broadband.
The completion of the ACT Group transaction is an important step in this direction. With the addition of
approximately 6 lakh subscribers across Andhra Pradesh, Telangana, Odisha and Karnataka, we have further
strengthened our presence in these markets and expanded our operating scale.
As we move forward, our focus will be on effective integration of the acquired operations, strengthening our
presence across markets, expanding our Broadband business and improving the overall economics of our
operations. We believe that our increasing scale, wider footprint and integrated Digital TV and Broadband
capabilities provide us with a strong platform to capture the opportunities ahead and create sustainable long-
term value for our stakeholders”
About GTPL Hathway Limited
GTPL Hathway Limited is India’s largest Multi System Operator (MSO) for Digital Cable TV services and one of
the leading private wireline broadband service providers in the country. The Company is the largest Digital
Cable TV and wireline broadband service provider in Gujarat and a prominent Digital Cable TV operator in
West Bengal. Its Digital Cable TV services extend to over 1,600+ towns across 26 States & 5 Union Territories.
GTPL benefits from a robust and expansive ecosystem comprising more than 51,000+ business partners, 200+
broadcasters, 1,750+ enterprise clients, and active involvement in 30+ government projects. The Company
offers a comprehensive portfolio of 975+ TV channels, including 130+ GTPL-owned and operated platform
services. It also launched GTPL Infinity, its Headend-in-the-Sky (HITS) platform which is backed by a world-
class C-Band teleport in Ahmedabad and powered by the Telkom-4 satellite. The platform offers pan-India
coverage with rapid deployment and delivers ~800 channels, including ~100 HD channels. As of September
30, 2026, GTPL served 11 million Active Digital Cable TV subscribers and 1.07 million Broadband Subscribers
and a Broadband Home-pass footprint of about 6 million.
Contact Details
GTPL Hathway Limited Investor Relations: MUFG Intime India Pvt Ltd
CIN: L64204GJ2006PLC048908
Ms. Pradnya Singh
Name: Mr. Piyush Pankaj
Email: pradnya.singh@in.mpms.mufg.com
Designation: Chief Financial Officer Contact: +91 9326961021
Email: piyush.pankaj@gtpl.net
Mr. Omkar Bagwe
Email: omkar.bagwe@in.mpms.mufg.com
Contact: +91 98113 21102
Contact: +91 9987989229
Safe Harbor
Any forward-looking statements about expected future events, financial and operating results of the Company
are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements
are subject to risks and uncertainties. Actual results might differ substantially or materially from those
expressed or implied. Important developments that could affect the Company’s operations include a
downtrend in the industry, global or domestic or both, significant changes in political and economic
environment in India or key markets abroad, tax laws, litigation, labor relations, exchange rate fluctuations,
technological changes, investment and business income, cash flow projections, interest, and other costs. The
Company does not undertake any obligation to update forward-looking statements to reflect events or
circumstances after the date thereof.