GTPL Hathway’s consolidated revenue rises 12% yoy to Rs1,215.9cr during H1FY22

H1FY22 Broadband Revenue at Rs192.4cr, up by 61% yoy; added 1,00,000 Net Subscribers, the company said.

Oct 14, 2021 03:10 IST India Infoline News Service

GTPL Hathway
GTPL Hathway Limited (GTPL), India’s leading Digital Cable TV and Broadband Service provider, today announced the financial results for the second quarter and half year ended on September 30, 2021, as approved by its Board of Directors.

The company’s consolidated Q2FY22 revenue (incl. EPC) stood at Rs605.2cr; up 4% yoy; Consolidated H1FY22 revenue (incl. EPC) at Rs1,215.9cr; up 12% yoy. Q2FY22 ISP Revenue reported at Rs100.6cr; up by 50% yoy; H1FY22 at Rs192.4cr; up by 61% yoy.

The company said in a filing that Q2 FY22 EBITDA (incl. EPC) Rs144.8cr; up 4% yoy; Q2FY22 EBITDA (ex-EPC) Rs144.3cr; up 8% yoy; Q2FY22 PAT at Rs43.3cr. H1FY22 EBITDA (incl. EPC) at Rs282.8cr; up 6% yoy; H1FY22 EBITDA (ex-EPC) Rs280.5cr million; up 8% yoy; H1FY22 PAT at Rs90.8cr; up 5% yoy.

“As on H1FY22, Paying Subscribers stood at 7.35 million. Added 1,00,000 net broadband subscribers in H1FY22,” company said.

Anirudhsinh Jadeja, Managing Director, GTPL Hathway said, “GTPL Hathway continues to deliver on key KPIs during H1 FY22. The highlight of H1 FY22 performance was robust subscriber additions & subscription revenues for Broadband business, coupled with strong Balance Sheet and return ratios. The Company added 1,00,000 net broadband subscribers in H1FY22.

The Balance Sheet remains strong owing to ‘Net Debt Free’ status leading to impressive ROCE and ROE of 33% and 20%, respectively as on 30th September, 2021. With the economy getting back to normalcy led by aggressive vaccination drive, the Company is geared to strengthen its presence in the existing & new markets.”

Towards close of trade on Thursday, GTPL Hathway Ltd was trading at Rs292.50 per piece down by Rs8.95 or 2.97% from its previous closing of Rs301.45 per piece on the BSE.

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