GTPL Hathway Q2 revenue stands at Rs 616.4 crore, up 94% year-on-year

GTPL Hathway’s broadband revenue stands at ₹39.8 crore, up 11% year-on-year

e4m by exchange4media Staff
Updated: Oct 15, 2019 2:37 PM

GTPL Hathway Limited (GTPL) has announced the financial results for the second quarter and half year ended on September 30, as approved by its Board of Directors.

Commenting on the performance, Anirudhsinhji Jadeja, Managing Director, GTPL Hathway said: “GTPL continued to demonstrate superior business and financial performance in the 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 cashflow will not only support our capital expenditure plan that is required but also will help us in reducing our debts.”

GTPL Hathway’s revenue stands at Rs 616.4 crore, up by 94 per cent on a year-on-year basis.

The revenue (ex. EPC) is at ₹ 447 crore, up 41 per cent year-on-year.

While the CATV subscription revenue is at ₹ 2,60.8 crore, up 47% y-o-y, the broadband revenue stands at ₹39.8 crore, up 11% y-o-y.

GTPL Hathway’s EBITDA stands at ₹ 1,27.1 crore.

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