GTPL Hathway , a prominent player in India's cable TV and broadband services sector, has announced the launch of its new digital entertainment platform, 'GTPL Infinity'. This strategic move marks the company's expansion into the realm of digital entertainment services, aiming to enhance content accessibility for its customer base.

Key Features of GTPL Infinity

• Easy Access: The platform is designed to provide seamless access to entertainment content.
• Digital Focus: Represents GTPL Hathway's push into digital entertainment services.
• Customer-Centric: Tailored to meet the evolving needs of GTPL Hathway's existing customer base.

Implications for GTPL Hathway

The launch of GTPL Infinity signifies a notable step in GTPL Hathway's digital transformation journey. By venturing into the digital entertainment space, the company is positioning itself to:

1. Diversify its service offerings
2. Potentially tap into new revenue streams
3. Enhance customer engagement and retention

Market Context

In an increasingly digital-first entertainment landscape, GTPL Hathway's move aligns with industry trends. As more consumers seek on-demand and easily accessible content, platforms like GTPL Infinity could play a crucial role in meeting these evolving preferences.

While specific details about the platform's content lineup or unique features are not provided in the current announcement, the launch of GTPL Infinity demonstrates GTPL Hathway's commitment to adapting to changing market dynamics and consumer behaviors in the digital entertainment sector.

Investors and industry observers will likely be watching closely to see how this new platform performs and its potential impact on GTPL Hathway's market position and financial performance in the coming quarters.

GTPL Hathway , India's largest Multi-System Operator (MSO), reported a 12% year-on-year increase in consolidated revenue to INR 9,649.00 million for Q2 FY26, despite facing challenges in subscriber retention. The company's digital cable TV subscriber base declined to 9.50 million from 9.60 million in the previous quarter, while maintaining 8.80 million paying subscribers.

Financial Highlights

• Consolidated revenue grew by 12% year-on-year and 6% quarter-on-quarter to INR 9,649.00 million
• Subscription revenue stood at INR 3,024.00 million
• Broadband revenue reached INR 1,393.00 million, showing a 2% growth both yearly and sequentially
• Consolidated EBITDA was INR 1,101.00 million with an 11.4% margin
• Net profit for Q2 FY26 was INR 93.00 million
• Consolidated operating EBITDA was INR 1,016.00 million, with a 22% operating margin

Operational Performance

GTPL Hathway faced challenges in subscriber retention during Q2 FY26, which management attributed to excessive rainfall across the country and a lack of major sporting events during the quarter. However, the company maintained its broadband subscriber base at 1.05 million, adding 10,000 new subscribers, representing a 1% increase year-on-year.

Broadband Segment

• Broadband ARPU increased to INR 465.00, up INR 5.00 from the previous year
• Average data consumption per month rose to 410 GB, a 17% increase year-on-year
• Homepass stood at 5.95 million, with 75% available for FTTX

Strategic Initiatives

GTPL Hathway is preparing to launch its Headend-In-The-Sky (HITS) platform in Q3, which is expected to enhance distribution capabilities and reach. The company continues to focus on bundling Cable, Broadband, and OTT offerings, as well as expanding into new geographies to increase its total addressable market.

Management Commentary

Piyush Pankaj, Business Head and Chief Strategy Officer, commented on the quarter's performance: "This quarter was marked by sustained operational performance and reaffirmation of our leadership position in both Digital Cable TV and Broadband Services. As India's largest MSO, our focus continues to be on expanding our footprint, enhancing customer experience, and delivering value through innovation and service excellence."

Future Outlook

Despite the temporary setback in subscriber numbers, management expressed optimism for recovery in Q3 and Q4, citing the commencement of major sporting events and the end of the monsoon season. The company plans to maintain its competitive edge in the OTT space and leverage new technologies to expand its reach across India.

GTPL Hathway remains committed to its growth strategy, focusing on both organic and inorganic opportunities to drive sustainable growth across its core business segments. With the upcoming launch of the HITS platform and continued efforts in bundling services, the company aims to strengthen its position in the Indian cable TV and broadband market.