News Summary:
On July 21, 2026, GTPL Hathway Limited reported a 12% year-on-year growth in consolidated total income, reaching ₹1020 crore for Q1 FY27, with a net profit of ₹2.3 crore. The company's subscription revenue increased by 2% sequentially to ₹291 crore, and its consolidated EBITDA stood at ₹109 crore, with a 10.7% margin. Management noted that net profit faced short-term pressure from infrastructure investments. During its earnings conference call, the company highlighted its expansion into two new strategic markets, Kerala and Jammu and Kashmir, and reported a 6% increase in average data consumption per month to 436 GB per user. Previously, on July 18, 2026, and further detailed on July 16, 2026, GTPL Hathway confirmed its expectation to complete the ₹36.23 crore acquisition of ACT Group’s Digital Television business by September 15, 2026. This acquisition aims to add approximately 6 lakh Digital TV subscribers, consolidating its market presence across Andhra Pradesh, Telangana, Odisha, and Karnataka.
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