GTPL Hathway Limited Reports Robust Q1 FY25 Financial Performance

GTPL Hathway Limited, India’s leading Digital Cable TV and Broadband Service Provider, announced its financial results for Q1 FY25, showcasing notable growth. Key metrics include a 7% rise in subscription revenue and a 12% increase in profit after tax, driven by operational efficiency and subscriber growth.

In a notable financial disclosure, GTPL Hathway Limited, India's premier Digital Cable TV and Broadband Service Provider, revealed its financial results for the first quarter ending June 30, 2024. The company reported significant growth metrics across the board.

For Q1 FY25, the company's revenue rose to ₹8,506 million, a 4% increase Q-o-Q and a 9% increase Y-o-Y. Subscription revenue also saw a significant boost of 7% Y-o-Y. EBITDA for the quarter stood at ₹1,205 million, marking an EBITDA margin of 14.2%, while the profit after tax rose by 12% Q-o-Q to ₹143 million.

Commenting on the positive results, Mr. Anirudhsinh Jadeja, Managing Director of GTPL Hathway, attributed the success to operational efficiency and increasing subscriber traction, particularly in the Cable TV segment. Looking forward, the company plans to build on its existing services and enhance its competitive edge in both segments.

(With inputs from agencies.)