GTPL Hathway

News Summary:

On July 30, 2026, GTPL Hathway reported consolidated net sales of Rs 1015.41 crore for June 2026, marking a 12.36% increase year-over-year from Rs 903.70 crore in June 2025. Quarterly net profit, however, decreased 78.01% to Rs 2.32 crore during the same period. Previously, on July 28 and July 27, the company announced its Headend-in-the-Sky (HITS) platform, GTPL Infinity, aims to expand cable television distribution commercially viable into rural markets, including villages with as few as 50 homes. This strategy utilizes centralized satellite transmission via the Telkom-4 satellite, bypassing the need for costly point-to-point fiber infrastructure and reducing traditional delivery costs to low-density areas. Earlier, on July 21, during its Q1 FY27 earnings conference call, GTPL Hathway reported a 12% year-on-year growth in total income to INR 1020 crores, with subscription revenue rising 2% sequentially to INR 291 crores. The company achieved a consolidated EBITDA of INR 109 crores with a 10.7% margin and a net profit of INR 2.3 crores for Q1 FY27. Management also discussed the acquisition of ACT Group's Digital Television business, which is expected to add approximately 6 lakh Digital TV subscribers across Andhra Pradesh, Telangana, Odisha, and Karnataka. Additionally, GTPL Hathway expanded into Kerala and Jammu and Kashmir and noted a 6% increase in average data consumption per month to 436 GB per user, emphasizing its goal of accelerating expansion to become a pan-India Digital TV and Broadband player.