The ISP revenue in Q4FY21 stood at Rs81.7cr; up by 77% yoy; FY21 ISP Revenue stood at Rs279.2cr; up by 67% yoy.
The company reduced gross debt by Rs69.3cr in FY21. As on FY21, Paying Subscribers stood at 7.5 million. It added 45,000 net broadband subscribers in Q4FY21, total net addition of 2,30,000 broadband subscribers in FY21.
Data consumption per customer at 212 GB/month as on March 2021; up from 162 GB/month in March 2020; Data consumption increased 31% yoy.
“GTPL Hathway consistently delivered on key KPIs, despite lockdown and restrictions in FY21. The highlight of FY21 was the growth in subscription revenues for both CATV and Broadband business, strong profitability, net-debt free status, geographical expansion, healthy balance sheet and improved return ratios.
We have reduced our gross debt by Rs693 million in FY21. Additionally, the Company’s board has recommended to increase the dividend to Rs4 per share in FY21. The Company associated with Mr. Boman Irani as its Brand Ambassador during Q4FY21. GTPL is gearing up to launch new products and services in FY22, thereby propelling its value-proposition in existing and new markets,” Anirudhsinh Jadeja, Managing Director, GTPL Hathway said.