GTPL Hathway Q4 swings to ₹15 crore loss despite 4% revenue growth

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Shares of GTPL Hathway Ltd ended at ₹72.28, up by ₹2.53, or 3.63%, on the BSE.

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Leading cable TV and broadband services provider GTPL Hathway Ltd on Wednesday (April 15) reported a net loss of ₹15 crore for the fourth quarter, compared with a net profit of ₹10.6 crore in the same period last year.

Revenue for the quarter rose 3.7% year-on-year to ₹923.8 crore from ₹890.9 crore, while FY26 revenue rose 7% to ₹3,746.6 crore. Broadband revenue grew 2% during the year.

EBITDA declined 24.5% to ₹80.3 crore in Q4, compared with ₹106.3 crore in the corresponding quarter last year. EBITDA margin stood at 8.69%, down from 11.9% a year ago. For the full year, EBITDA was ₹432.1 crore, with a margin of 11.5% and an operating margin of 22%.


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On the operational front, digital cable TV active subscribers stood at 9.40 million as of March 31, 2026, while paying subscribers were at 8.70 million. Subscription revenue from cable TV was ₹285 crore in Q4 and ₹1,186.2 crore for FY26.

In the broadband segment, the subscriber base increased by 15,000 year-on-year to 1.06 million. Broadband revenue rose 3% to ₹139.4 crore in Q4 and stood at ₹558 crore for FY26, up 2% annually. Homepass reached 5.95 million, with around 75% available for FTTX conversion.

Broadband average revenue per user stood at ₹465 per month, while average data consumption per user was 436 GB in Q4 FY26, an increase of 10% year-on-year.

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Anirudhsinh Jadeja, Managing Director of GTPL Hathway, said, "I am pleased to share that the Company delivered a stable and consistent performance during Q4 FY26 across both Cable TV and Broadband segments, reflecting the strength of our operating model and our ability to navigate a dynamic and competitive environment.

Our focus continues to be on enhancing customer experience and driving deeper engagement. We are actively expanding our service portfolio beyond traditional Cable TV and Broadband by integrating value-added offerings such as OTT, Gaming, and TV Everywhere, available in both standalone and bundled formats. This approach is aligned with evolving consumer preferences and is expected to support long-term customer retention and revenue growth."

The board has recommended a dividend of ₹2 per share for FY26. Shares of GTPL Hathway Ltd ended at ₹72.28, up by ₹2.53, or 3.63%, on the BSE.

(Edited by : Jomy Jos Pullokaran)

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