GTPL Hathway Limited, one of India’s largest digital cable TV and broadband service provider, announced its financial results for the fourth quarter and financial year ended March 31, 2025 signalling impressive growth.
Company’s Q4 FY25 total revenue stood at Rs. 8,989 million, a growth of 10 percent Y-o-Y. The full FYrevenue stood at Rs. 35,072 million, an annual growth of 8 percent, while broadband revenue grew by four percent Annually.
In a statement yesterday, GTPL Hathway said Q4 profit after tax stood at Rs. 105 million and the same for FY25 was Rs. 479 million. The board of directors recommended a dividend of Rs. 2/- per share.
Active digital TV subscribers were 9.60 million as of March 31, achieving an increase by 100K Y-o-Y. Paying subscribers stood at 8.90 million, increasing by 100K Y-o-Y.
Subscription revenue from cable TV stood at Rs. 2,982 million for Q4FY25 and Rs.12,327 million for FY25.
Pointing out that the company signed an agreement with the Ministry of Information and Broadcasting for providing Headend-In-The-Sky (HITS) services for a period of 10 years, it said broadband subscribers increased by 25K Y-o-Y, thus standing at 1045K.
Broadband revenue increased 4 percent to Rs. 1,358 million for Q4 Y-o-Y and Rs. 5,456 million for FY25. Homepass as on March 31, 2025, stood at 5.95 million, an addition of 150K Y-o-Y. Of this, 75 percent were available for FTTX conversion.
Broadband average revenue per user (ARPU) stood at Rs. 465 per month per subscriber, signalling an increase of Rs. 5 Y-o-Y. Average data consumption per user per month was 396 GB, an increase of 11 percent Y-o-Y
Commenting on the results, Anirudhsinh Jadeja, GTPL Hathway MD, said, “It pleases me to report that the company has sustained its subscriber base across both business divisions reflecting the resilience within operations in an overall challenging industry environment. We continue to remain optimistic about our long-term strategies and our initiatives to capitalize on the evolving consumer trends.
“The upcoming financial year will be pivotal as we look to enhance our capabilities for distribution of TV services with material benefits expected to accrue over the medium term. We are constantly enhancing the ambit of our offerings, upgrading and implementing technological innovations and focusing on providing consumer centric services. We will continue to evaluate opportunities for growth across our businesses.”