GTPL Hathway Ltd's Q3FY25 Quarter Results
- 13 Jan 2025
Result Summary
- GTPL Hathway Ltd reported a 3.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 4.1%.
- Its expenses for the quarter were up by 4.6% QoQ and 6.7% YoY.
- The net profit decreased 29.9% QoQ and decreased 61.0% YoY.
- The earnings per share (EPS) of GTPL Hathway Ltd stood at 0.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 895.68 | 862.04 | 860.66 | 3.9% | 4.1% |
Total Expenses | 883.29 | 844.70 | 827.52 | 4.6% | 6.7% |
Profit Before Tax | 12.39 | 17.34 | 33.15 | -28.5% | -62.6% |
Tax | 3.65 | 4.24 | 8.82 | -13.9% | -58.6% |
Profit After Tax | 9.63 | 13.74 | 24.67 | -29.9% | -61.0% |
Earnings Per Share | 0.90 | 1.10 | 2.10 | -18.2% | -57.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
GTPL Hathway Ltd is a leading regional Multi Service Operator (MSO) in India, offering cable television and broadband services. It operates primarily in the states of Gujarat, West Bengal, Maharashtra, Bihar, Assam, Jharkhand, Madhya Pradesh, Telangana, Rajasthan, and Andhra Pradesh. The company has a significant presence in the Cable TV services segment, with cable television signals reaching 9 million households, making it one of the top cable service providers in India. GTPL Hathway also offers high-speed internet services through its broadband segment.
Revenue
The total income for GTPL Hathway Ltd in the third quarter of the fiscal year 2025 was 895.68 crores. This represents a quarter-over-quarter (QoQ) increase of 3.9% from the second quarter of the same fiscal year when the total income was 862.04 crores. Year-over-year (YoY), the total income increased by 4.1%, up from 860.66 crores in the third quarter of fiscal year 2024. The increase in total income both QoQ and YoY indicates an upward trend in the revenue generated by the company.
Profitability
Profitability for GTPL Hathway Ltd was impacted in the third quarter of fiscal year 2025. The company's profit before tax was 12.39 crores, a decrease of 28.5% QoQ from 17.34 crores in the second quarter of the fiscal year 2025. In terms of YoY, the profit before tax fell significantly, by 62.6%, from 33.15 crores in the third quarter of the fiscal year 2024. The profit after tax also decreased to 9.63 crores, down 29.9% QoQ and 61.0% YoY. The earnings per share similarly fell by 18.2% QoQ and 57.1% YoY.
Operating Metrics
The total expenses for GTPL Hathway Ltd in the third quarter of fiscal year 2025 were 883.29 crores, which is a QoQ increase of 4.6% from 844.70 crores in the second quarter of the fiscal year 2025. The expenses also increased YoY by 6.7%, up from 827.52 crores in the third quarter of fiscal year 2024. The rise in total expenses both QoQ and YoY suggests an increase in the company's operational costs. The tax expense for the company also decreased by 13.9% QoQ and 58.6% YoY, in line with the decrease in profits.
