GTPL Hathway Limited has announced the completion of its acquisition of the remaining 49% equity stake in GTPL Vision Services Private Limited, transforming the subsidiary into a wholly owned entity. The transaction, which took place on August 5, 2025, marks a significant step in GTPL Hathway's corporate strategy.

Acquisition Details

According to the company's filing with the stock exchanges, GTPL Hathway acquired 1,00,000 equity shares of Rs. 10.00 each from the existing shareholders of GTPL Vision Services Private Limited. The acquisition was finalized at approximately 11:00 p.m. on the specified date, as reported in the company's regulatory filing.

Strategic Implications

This move represents the culmination of a process that GTPL Hathway had been pursuing over several months. The company had previously made intimations to the stock exchanges regarding this acquisition on December 31, 2024, March 31, 2025, and June 30, 2025, indicating a planned and strategic approach to fully integrating GTPL Vision Services into its corporate structure.

Regulatory Compliance

The acquisition announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This adherence to regulatory requirements underscores GTPL Hathway's commitment to transparency in its corporate actions.

Management Statement

Shweta Sultania, Company Secretary and Compliance Officer of GTPL Hathway Limited, signed off on the regulatory filing, confirming the completion of the transaction and the subsequent change in GTPL Vision's status to a wholly owned subsidiary.

This strategic move by GTPL Hathway is likely to strengthen its market position and potentially create new opportunities for growth and synergy within its business operations.

GTPL Hathway , a prominent player in India's cable TV and broadband services sector, has released its financial results for the first quarter, revealing a mixed performance across its business segments.

Financial Highlights

• Net profit declined by 27% year-over-year to ₹10.50 crore
• Revenue increased by 7% to ₹909.10 crore
• Cable TV revenue experienced a slight decrease
• Broadband segment showed positive growth indicators

Subscriber Base and ARPU

Despite challenges in the cable TV segment, GTPL Hathway maintained its subscriber base:

• Cable TV subscribers remained stable at 9.6 million
• Broadband Average Revenue Per User (ARPU) increased to ₹465
• Data consumption in the broadband segment rose by 17% compared to the same quarter last year

Segment Performance

Cable TV

The company faced headwinds in its cable TV business, with a marginal decrease in revenue. However, the ability to maintain its subscriber base at 9.6 million suggests resilience in a competitive market.

Broadband

The broadband segment emerged as a bright spot for GTPL Hathway:

• Increased ARPU to ₹465 indicates successful upselling or tier upgrades
• 17% year-over-year growth in data consumption reflects increasing demand for high-speed internet services

Conference Call

Following the release of its Q1 results, GTPL Hathway conducted a post-results conference call. The company has made the audio recording of this call available on its website, demonstrating its commitment to transparency and investor communication.

Outlook

While the decline in net profit presents a challenge, the growth in overall revenue and the strong performance of the broadband segment suggest that GTPL Hathway is navigating the evolving telecommunications landscape. The company's ability to maintain its cable TV subscriber base while growing its broadband business will be crucial for its future performance.

Investors and analysts can access more detailed information about GTPL Hathway's Q1 performance and future strategies through the audio recording of the conference call available on the company's official website.