GTPL Hathway extends deadline to acquire remaining 49% stake in GTPL Vision

GTPL Hathway has announced an extension in the timeline for acquiring the remaining 49% equity stake in its subsidiary, GTPL Vision Services Private Limited. The transaction, initially expected to close within 90 days of signing the agreement on December 31, 2024, will now be completed by September 30, 2025.

As per the agreement, GTPL Hathway plans to acquire 1,00,000 equity shares of Rs. 10 each from existing shareholders at a price of Rs. 1,131 per share, aggregating to a total cash consideration of Rs. 11.31 crore, the company informed BSE. 

This marks the second extension in the timeline. The first extension, announced on March 31, 2025, pushed the deadline to June 30, 2025. The latest extension, mutually agreed upon by both parties, provides an additional three months for completion of the deal.

GTPL Vision Services continues to operate as a subsidiary of GTPL Hathway, and the company has reiterated its commitment to complete the acquisition within the revised timeline.

As per the Q4 2025 financial statement, GTPL Hathway’s consolidated net profit slipped 19.27% to Rs 10.64 crore in Q4 FY25, compared with Rs 13.18 crore in Q4 FY24.

Revenue from operations increased 10.27% to Rs 890.99 crore in Q4 FY25, compared with Rs 807.98 crore posted in the corresponding quarter last year.

EBITDA stood at Rs 114.40 crore in Q4 FY25, registering de-growth of 4.50% from Rs 119.80 crore in Q4 FY24. EBITDA margin contracted to 12.7% in Q4 FY25 as against 14.7% in Q4 FY24.

Digital cable TV revenue declined 5.27% to Rs 298.20 crore in the quarter ended 31 March 2025, compared with Rs 314.80 crore in the quarter ended 31 March 2024. Active subscribers were 9.60 million as of 31st March 2025, up by 1,00,000 YoY.