Cable TV
GTPL Hathway records standalone net profit of Rs 30.5 cr in Q1 FY22
New Delhi: Cable TV and broadband service provider GTPL Hathway Limited (GTPL) has clocked a standalone net profit of Rs 30.5 crore for the quarter ended 30 June.
The net sales reached Rs 391.5 crore, improving from Rs 347.6 crore recorded in the same quarter last year. The consolidated net profit for the quarter stood at Rs 53 crore, up from Rs 46.4 crore in the corresponding quarter a year ago, while the consolidated revenues stood at Rs 602 crore. The overall revenues improved on the back of improvement in the EBITDA (including EPC) levels at Rs 138 crore, which was seven per cent higher year-on-year. The Q1 FY22 PAT stood at Rs 47.5 crore, up 16 per cent y-o-y.
The company also reduced its debt burden by Rs 16.8 crore during the quarter. The finance cost was down 78 per cent y-o-y.
GTPL added 55,000 net broadband subscribers in Q1 FY22 and the broadband revenue crossed Rs 91. 8 crore, up by 74 per cent YoY. The total number of subscribers as on 30 June were 6. 90 lakh of which 2.50 lakh are FTTX subscribers.
Meanwhile, the company continues to widen its footprint in its existing markets and penetrate into new markets through inorganic routes. As on Q1 FY22, paying subscribers stood at 0.73 crore.
GTPL Hathway, managing director, Anirudhsinh Jadeja said, “GTPL Hathway continued to deliver on key KPIs during Q1 FY22. The highlight of the quarter was robust subscriber additions & subscription revenues for Broadband business, strong profitability and debt repayment. GTPL has further reduced its debt by Rs 16.8 crore in Q1 FY22.”
Jadeja said GTPL will continue to march forward on its stated strategic roadmap by coming up with interesting new products and services, enhancing customer experience, strengthening its digital infrastructure capabilities, and accelerating its footprint in the existing and new markets.
MUMBAI: When margins wobble, liquidity talks and in Q3 FY25-26, cash did most of the talking. Den Networks Limited closed the December quarter with consolidated revenue of Rs.251 crore, marginally higher than the previous quarter but down 4 per cent year-on-year, even as profitability stayed resilient on the back of strong cash reserves and disciplined cost control.
Subscription income softened to Rs.98 crore, slipping 3 per cent sequentially and 14 per cent from last year, while placement and marketing income offered some cheer, rising 15 per cent quarter-on-quarter to Rs.148 crore. Total costs climbed faster than revenue, up 7 per cent QoQ to Rs.238 crore, driven largely by higher content costs and operating expenses. As a result, EBITDA dropped sharply to Rs.13 crore from Rs.19 crore in Q2 and Rs.28 crore a year ago, pulling margins down to 5 per cent.
Yet, the bottom line refused to blink. Profit after tax stood at Rs.40 crore, up 15 per cent sequentially and only marginally lower than last year’s Rs.42 crore. A healthy Rs.57 crore in other income helped cushion operating pressure, keeping profit before tax at Rs.48 crore, broadly stable quarter-on-quarter despite the tougher cost environment.
The real headline-grabber, however, sits on the balance sheet. The company remains debt-free, with cash and cash equivalents swelling to Rs.3,279 crore as of December 31, 2025. Net worth rose to Rs.3,748 crore, while online collections accounted for 97 per cent of total receipts, underscoring strong cash discipline across operations, including subsidiaries.
In short, while Q3 showed signs of operating strain, the financial backbone remains solid. With zero gross debt, steady profits and a formidable cash war chest, the company enters the next quarter with flexibility firmly on its side proving that in uncertain markets, balance sheet strength can be the best growth strategy.
