GTPL Hathway Ltd, a digital cable TV and broadband service provider, reported its financial results for the third quarter of FY25, showcasing a sharp decline in profitability despite a moderate revenue increase.
Key Financial Highlights:
- Net Profit:
- Declined 57.2% YoY to ₹10.1 crore compared to ₹23.6 crore in Q3 FY24.
- Revenue from Operations:
- Increased 4.3% YoY to ₹887.2 crore from ₹850.8 crore in the same period last year.
- EBITDA:
- Dropped 12.6% YoY to ₹105.3 crore, compared to ₹120.5 crore in Q3 FY24.
- EBITDA Margin:
- Narrowed to 11.9% from 14.2% in the previous fiscal year.
Share Performance:
The results were announced post-market hours. Shares of GTPL Hathway Ltd ended the day at ₹148.25 on the BSE, gaining 8.97% or ₹12.20.
Operational Insights:
- The decline in EBITDA and profit margins indicates increased operational costs or subdued efficiency, impacting the bottom line.
- The revenue growth of 4.3% reflects a steady demand for its cable TV and broadband services, albeit with limited expansion compared to previous quarters.
TOPICS:
GTPL