GTPL Hathway's Consolidated H1 FY20 PAT at ? 580 Million, up by 102%
H1 FY20 EBITDA stood at ? 2,426 million; up by 39%
AHMEDABAD, India, Oct. 15, 2019 /PRNewswire/ -- Key Highlights
GTPL Hathway Limited (GTPL), India's one of the leading Digital Cable TV and Broadband Service providers, today announced the financial results for the second quarter and half year ended on September 30, 2019, as approved by its Board of Directors.
Commenting on performance, Anirudhsinhji Jadeja, Managing Director, GTPL Hathway said, "GTPL continued to demonstrate superior business and financial performance in second quarter of FY20. GTPL's cutting edge technology allow us to expand our CATV business in other regions without any major capex. Our robust cash flow will not only support our capital expenditure plan that is required but also will help us in reducing our debts."
Q2 FY20 Consolidated Financial Performance Highlights (as per IND AS)
Q2 FY20 Standalone Financial Performance Highlights (as per IND AS)
H1 FY20 Standalone Financial Performance Highlights (as per IND AS)
Business Performance Highlights
About GTPL Hathway Limited
GTPL Hathway Limited is one of India's leading Digital Cable TV and Broadband service provider. We are number 1 Cable TV Provider in Gujarat with 67% market share. Our digital cable television services reached 750 plus towns across India, including towns in Gujarat, West Bengal, Maharashtra, Goa, Bihar, Assam, Jharkhand, Telangana, Rajasthan and Andhra Pradesh. As on September 30, 2019, we have seeded approximately 9.90 million STBs and had approximately 7.25 million paying subscribers and 355,000 Broadband Subscribers with a home pass of about 2.92 million.
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