GTPL Hathway returned to profitability in the quarter ended June 30, 2026, reporting a standalone net profit of ₹20.12 million. This marks a recovery from the net loss of ₹58.98 million recorded in the quarter ended March 31, 2026. Revenue from operations for the quarter stood at ₹6,877.25 million, an increase from ₹6,102.66 million in the preceding quarter.

The Board of Directors approved the unaudited financial results for the quarter at a meeting held on July 15, 2026. The results were reviewed by the Audit Committee and subjected to a limited review by the Statutory Auditors, Deloitte Haskins & Sells. Total income for the standalone entity was ₹6,932.10 million, while total expenses were reported at ₹6,904.49 million.

On a consolidated basis, the company reported a net profit of ₹13.77 million for Q1FY26, compared to a net loss of ₹139.26 million in the quarter ended March 31, 2026. Consolidated revenue from operations grew to ₹10,198.93 million from ₹9,344.27 million in the previous quarter. The total comprehensive income for the period was ₹13.35 million.

Key Financial Metrics

Segment Performance

The Cable TV Business segment generated revenue of ₹8,573.78 million, while the Internet Service segment contributed ₹1,431.97 million. The Projects segment, including Operations & Maintenance, reported revenue of ₹205.18 million. The total segment result before tax was ₹28.83 million.

Regulatory and Legal Disclosures

The statutory auditors drew attention to a demand from the Department of Telecommunications (DoT) aggregating to ₹9,754.15 million regarding license fees. The company stated that, based on legal opinion, it has strong grounds to defend the matter and has not recognized any provision, treating it as a contingent liability. Additionally, a subsidiary, GTPL Broadband Private Limited, faces a demand of ₹3,749.12 million related to license fees on pure internet services, which is also considered a contingent liability.

Strategic Developments

During the quarter, the company entered into a Business Transfer Agreement on June 23, 2026, with entities belonging to the ACT Group. The agreement involves the acquisition of their Cable Television Business on a going concern basis through a slump sale for an aggregate consideration of ₹362.30 million. The effective date of the acquisition is July 1, 2026.

GTPL Hathway will hold a conference call with investors and analysts to discuss its financial results for the quarter ended June 30, 2026. The call is scheduled for Thursday, July 16, 2026, at 4:00 PM IST, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The discussion will cover the performance for Q1FY27. The management panel will include key executives such as Mr Anirudhsinh Jadeja, Promoter and Managing Director; Mr Piyush Pankaj, Business Head B2B (CATV and Broadband) and Chief Strategy Officer; and Mr Saurav Banerjee, Chief Financial Officer.

Participants can pre-register to avoid wait time and use the Express Join feature with DiamondPass. Universal access dial-in numbers are available at +91 22 6280 1325 and +91 22 7115 8226. International toll-free numbers are also provided for various regions including the USA, UK, Australia, and Japan.

Conference Call Details

Management Panel

• Mr Anirudhsinh Jadeja – Promoter and Managing Director
• Mr Piyush Pankaj – Business Head B2B (CATV and Broadband) and Chief Strategy Officer
• Mr Saurav Banerjee – Chief Financial Officer