Analysts/Institutional Investor Meet/Con. Call Updates

October 19, 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 Sirs, Sub: Transcript of the Post Results Conference Call on Consolidated and Standalone 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, transcript of the Post Results Conference Call on Consolidated and Standalone Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2026, held on October 14, 2026, is available on the Company’s website at https://webapi.gtpl.net/WebSiteImages/InvestorRelation/Financial_Results/2026- 2027/Q2/GTPL%20Hathway%20Ltd%20-%20Q2FY27%20Earnings%20call%20- %20Transcript.pdf The said transcript is also enclosed herewith. Kindly take the same on record. Thanking you, Yours faithfully, For GTPL Hathway Limited Ashwin Patel Company Secretary & Compliance O(cid:431)icer Encl: As above “GTPL Hathway Limited Q2 FY27 Earnings Conference Call” October 14, 2026 MANAGEMENT: MR. ANIRUDHSINH JADEJA – PROMOTER AND MANAGING DIRECTOR LIMITED – GTPL HATHWAY LIMITED MR. PIYUSH PANKAJ – CHIEF FINANCIAL OFFICER – GTPL HATHWAY LIMITED MR. PARAMVEERSINH JADEJA – CHIEF BUSINESS OFFICER – GTPL HATHWAY LIMITED MODERATOR: MR. ARYAN TRIPATHI – EMKAY GLOBAL FINANCIAL SERVICES LIMITED GTPL Hathway Limited October 14, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the GTPL Hathway Limited Q2 FY27 Earnings Conference Call, hosted by Emkay Global Financial Services Limited. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star, then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Aryan Tripathi, Emkay Global Financial Services Limited. Thank you, and over to you, sir. Aryan Tripathi: Good evening, everyone. I would like to welcome the management and thank them for this opportunity. We have with us today Mr. Anirudhsinh Jadeja, Promoter and Managing Director; Mr. Piyush Pankaj, Chief Financial Officer; and Mr. Paramveer Jadeja, Chief Business Officer. Over to you, gentlemen. Anirudhsinh Jadeja: Thank you, Mr. Tripathi. Good evening, everyone, and a warm welcome to GTPL Hathway Limited earnings call to discuss our financial and operational performance for the second quarter FY27. During the first half of the year, we continued to focus on strengthening our presence in across digital TV and broadband businesses. Both segments remain integral -to-growth strategy, and our efforts are directed towards enhancing customer experience, strengthening our operating capability, and expanding reach across key markets. We have completed the acquisition of the ACT Group's cable TV business. In parallel, GTPL Infinity, our HITS platform, launched in November 2025, continued to support our expansion and enable us to extend our reach through a scalable operating model. I will now hand over the call to our CFO, Mr. Piyush Pankaj, who will take you through the key operating highlights and financial performance of the company. Piyush Pankaj: Thank you, Mr. Jadeja. Good evening, everyone, and thank you for joining us for GTPL Hathway Limited's Q2 FY27 earnings call. Let me begin with the key operational highlights for the quarter. We successfully completed the acquisition of cable television business of seven companies belonging to the ACT Group on September 15, 2026, for an aggregate cash consideration of INR35.55 crores. As mentioned during our previous earnings call, this business has served approximately 6 lakh digital TV subscribers across Andhra Pradesh, Telangana, Odisha, and Karnataka. As we integrate these operations, we see opportunities to realize revenue synergies, optimize cost, and improve overall operating efficiencies. Moving to our operational performance this quarter, starting with the digital TV business, our digital cable TV subscriber base as of September 30, 2026, stood at 11 million, addition of 1.5 million in this quarter, of which 10.30 million were paying subscribers. The full impact of this Page 2 of 12 GTPL Hathway Limited October 14, 2026 subscriber addition will realize in financials in subsequent quarter once we monetize the synergy benefits. Our business partner network comprised more than 51,000-plus partners, who continue to play an important role in strengthening our market reach and supporting customer acquisition and retention. Coming to our broadband business, our active subscriber base stood at 1.07 million at the end of quarter, which is 10,000 additions Q-o-Q, while broadband home pass reached 6 million as of September 30, 2026. Broadband ARPU for Q2 FY27 stood at INR470, while average monthly data consumption per user was 436 GB. We have strengthened higher management in broadband. We have appointed new CEO, Mr. Vivek Raina, as broadband in for broadband business and other higher management appointments. We look forward that through the new branding of TrueFiber and aggressive market strategy, which will reap benefits in coming quarters for subscriber addition and positive financial impact. Our focus remains on improving subscriber conversion from our existing home pass, increasing broadband penetration within our digital TV customer base, and expanding our B2B business. Let me take you through our financial performance. Starting with the consolidated results, for Q2 FY27, consolidated total income stood at INR11,464 million compared with INR9,649 million in Q2 FY26, translating into year-on-year growth of 19% and quarter-on-quarter growth of 12%. Subscription revenue stood at INR3,455 million compared with INR3,024 million in the corresponding quarter last year and INR2,913 million in Q1 FY27. Broadband revenue stood at INR1,459 million compared with INR1,393 million in Q2 FY26 and INR1,425 million in the previous quarter. Consolidated EBITDA for the quarter stood at INR1,103 million with reported EBITDA margin of 9.6%. The operational EBITDA margin stood at 20% this quarter. The consolidated PAT stands negative INR50 lakh in this quarter due to additional impact of INR75 million, which is INR45 million on account of forex loss and INR30 million amortization impact due to seven new transponders, which is in standalone financials. Moving to the standalone performance, total revenue for this quarter stood at INR8,003 million compared with INR6,402 million in Q2 FY26, representing year-on-year growth of 25% and quarter-on-quarter growth of 15%. Standalone subscription revenue stood at INR2,692 million compared with INR2,191 million in Q2 FY26 and INR2,127 million in Q1 FY27. EBITDA stood at INR667 million. With this, I conclude my opening remarks and would now request the moderator to open the floor for the Q&A session. Moderator: Thank you very much. We will now begin with the question and answer session. The first question is from the line of Nimish Varma from Vexora Sec. Kindly go ahead. Page 3 of 12 GTPL Hathway Limited October 14, 2026 Nimish Varma: Good afternoon, sir. Am I audible? Piyush Pankaj: Yes, Nimish, please go ahead. Nimish Varma: Sir, I had a few set of questions. The first one being, following the addition of ACT subscribers, what changes are expected in average revenue per subscriber and contribution margins in acquired markets compared with established markets, and what integration or pricing actions will be required to bring acquired market eonomics closer to the group's established markets? Piyush Pankaj: Yes. So, ACT business is overall accretive to our financials. Currently, still the whole [Showing first 8,000 characters — download PDF for full document]