GTPL Hathway's Consolidated H1 FY22 Revenue at ? 12,159 million, up by 12% YoY
- H1 FY22 Broadband Revenue at ? 1,924 million, up by 61% YoY; added 1,00,000 Net Subscribers
- H1 FY22 EBITDA at ? 2,828 million, up by 6% YoY
AHMEDABAD, India, Oct. 14, 2021 /PRNewswire/ -- 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.
Commenting on the performance, 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 H1 FY22. 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."
H1 FY22 Consolidated Financial Performance Highlights (as per IND AS)
H1 FY22 Standalone Financial Performance Highlights (as per IND AS)
Q2 FY22 Standalone Financial Performance Highlights (as per IND AS)
Business Performance Highlights
About GTPL Hathway Limited
GTPL Hathway Limited is the 2nd largest MSO in India providing Digital Cable TV and the 6th largest Private Wireline Broadband service provider in India. We are number 1 Cable TV and Wireline Broadband Service Provider in Gujarat & number 2 Cable TV Service provider in West Bengal. Our digital cable television services reached 1,000 plus towns across India, in states of Gujarat, West Bengal, Maharashtra, Goa, Bihar, Assam, Tripura, Meghalaya, Manipur, Jharkhand, Telangana, Rajasthan, Andhra Pradesh & Tamil Nadu. As on September 30, 2021, we have approximately 7.35 million Paying Cable TV Subscribers and 7,35,000 Broadband Subscribers with a Broadband home pass of about 4.20 million.
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