GTPL Hathway Unveils Ambitious Nationwide Expansion Plan for Q3 FY26

GTPL Hathway Limited , India's largest Digital Cable TV Service Provider and a leading Broadband Service provider, has announced plans for significant growth through a nationwide launch of its Hits platform scheduled for Q3 FY26. The company is set to expand its operations into new states while focusing on rapid broadband growth to serve the increasing number of digitizing Indian households.

Expansion Strategy

The company's expansion strategy includes:

Nationwide Hits Platform Launch: GTPL Hathway plans to launch its Hits (Headend-In-The-Sky) platform across India in the third quarter of the fiscal year 2025-26. This move is expected to significantly extend the company's reach and service capabilities.
New State Penetration: The company has already expanded into three new states in Q4 FY25: Arunachal Pradesh, Chhattisgarh, and Mizoram. This expansion demonstrates GTPL Hathway's commitment to increasing its geographical footprint.
Broadband Focus: With a strong emphasis on broadband services, GTPL Hathway aims to capitalize on the growing demand for high-speed internet connectivity in Indian households.

Financial Performance

GTPL Hathway's recent financial results reflect its strong market position:

Metric	Q2 FY26 Value	Growth
Total Revenue	₹9,649.00 million	6% Q-o-Q, 12% Y-o-Y
EBITDA	₹1,101.00 million	-
EBITDA Margin	11.40%	-
Profit After Tax	₹93.00 million	-

Operational Highlights

Digital Cable TV

Active subscribers: 9.50 million as of September 30, 2025
Paying subscribers: 8.80 million
Q2 FY26 Subscription revenue: ₹3,024.00 million

Broadband

Subscribers: 1.05 million, an increase of 10,000 Y-o-Y
Q2 FY26 Revenue: ₹1,393.00 million, up 2% Y-o-Y
Homepass: 5.95 million, with 75% available for FTTX conversion
ARPU: ₹465.00 per month per subscriber
Average data consumption: 410 GB per user per month, up 17% Y-o-Y

Market Position

GTPL Hathway maintains a strong market presence:

Largest Digital Cable TV and Wireline Broadband Service Provider in Gujarat
Leading Digital Cable TV Service provider in West Bengal
Digital Cable TV services reach 1,500+ towns across 26 states in India
Network of 48,000+ business partners and 200+ broadcasters

Future Outlook

Anirudhsinh Jadeja, Managing Director of GTPL Hathway Limited, commented on the company's performance and future plans: "We have sustained our subscriber base across both Cable TV and Broadband businesses, reflecting continued customer trust and operational resilience in a competitive environment. Our focus on enhancing customer experience continues to drive us to expand beyond traditional Cable TV and Broadband offerings by layering OTT, Gaming, TV Everywhere and a combination of these services to meet diverse content preferences."

The company remains committed to driving efficiency, customer acquisition, and retention through value-accretive products and services, while leveraging technology and maintaining prudent financial discipline.

As GTPL Hathway prepares for its nationwide Hits platform launch and continues its expansion into new territories, the company is well-positioned to capitalize on the growing demand for digital entertainment and high-speed internet services across India.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.85%	+1.50%	-5.37%	-2.19%	-31.49%	-14.17%

GTPL Hathway Limited , a leading Multi-System Operator (MSO) and broadband service provider, has announced its financial results for the second quarter, revealing a mixed performance with revenue growth but a decline in profitability.

Revenue Growth

The company reported a significant increase in consolidated revenue, which rose to ₹9,590.53 crore in Q2, up from ₹8,555.64 crore in the same quarter of the previous year, marking a year-over-year growth of 12.1%.

Profit Decline

Despite the revenue growth, GTPL Hathway experienced a decrease in its consolidated net profit. The company's net profit for Q2 stood at ₹92.00 crore, down from ₹128.00 crore in the same quarter of the previous year, representing a 28.1% decline.

EBITDA and Margin Compression

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also saw a slight decrease:

Metric	Current Q2	Previous Q2	YoY Change
EBITDA	₹1,044.00 crore	₹1,070.00 crore	-2.4%
EBITDA Margin	10.87%	12.55%	-168 bps

The EBITDA margin compressed by 168 basis points year-over-year, indicating increased operational costs relative to revenue.

Segment Performance

GTPL Hathway's performance varied across its business segments:

Cable TV Business: This segment reported revenue of ₹8,026.44 crore.
Internet Service: The internet service segment generated revenue of ₹1,401.14 crore.
Projects (Including O&M): This segment contributed ₹198.00 crore to the total revenue.

Balance Sheet Highlights

As of the end of the quarter, GTPL Hathway's consolidated balance sheet showed:

Total Assets: ₹37,979.65 crore
Total Equity: ₹12,737.48 crore
Non-Current Liabilities: ₹2,860.91 crore
Current Liabilities: ₹22,381.26 crore

Regulatory Matters

The company continues to address ongoing regulatory matters, including demands from the Department of Telecommunications (DoT) regarding license fees. GTPL Hathway maintains that it has strong grounds to defend its position in these matters, and no provisions have been made in the financial results related to these demands.

As GTPL Hathway navigates through a competitive telecommunications landscape, investors and stakeholders will be closely watching how the company balances its revenue growth with profitability in the coming quarters.