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GTPL Hathway’s Consolidated H1 FY21 PAT at ₹ 862 million, up by 49%

FWM by FWM
October 13, 2020
in Business
0
GTPL Hathway Limited Logo (PRNewsfoto/GTPL Hathway Limited)

GTPL Hathway Limited Logo (PRNewsfoto/GTPL Hathway Limited)

AHMEDABAD, India, Oct. 12, 2020 /PRNewswire/ — Key Highlights

  • Consolidated Q2 FY21 revenue (ex-EPC) at ₹ 5,064 million; up 11% y-o-y; Consolidated H1 FY21 revenue (ex-EPC) at ₹ 9,781 million; up 15% y-o-y
  • H1 FY21 ISP Revenue at ₹ 1,196 million; up by 51% y-o-y; Q2 FY21 at ₹ 670 million; up by 68% y-o-y
  • Q2 FY21 EBITDA ₹ 1,390 million; up 10% y-o-y; Q2 FY21 EBITDA (ex-EPC) ₹ 1,334 million;
    up 16% y-o-y; Q2 FY21 PAT at ₹ 453 million; up 59% y-o-y
  • H1 FY21 EBITDA ₹ 2,675 million; up 10% y-o-y; H1 FY21 EBITDA (ex-EPC) ₹ 2,593 million;
    up 15% y-o-y; H1 FY21 PAT at ₹ 862 million; up 49% y-o-y
  • As on Q2 FY21, Seeded STBs stood at 10.41 million and Paying Subscribers stood at
    7.30 million
  • Added 2,10,000 new home-pass in Q2 FY21 (2,60,000 new home-pass during Q2 FY20)
  • Added 80,000 net broadband subscribers in Q2 FY21, including 40,000 FTTX subscribers; total addition of 1,30,000 net broadband subscribers in H1 FY21
  • Data consumption per customer at 195 GB/month as on September 2020; up from 126 GB/month in September 2019; Data consumption increased 55% y-o-y

GTPL Hathway Limited (GTPL), India’s leading Digital Cable TV and Broadband Service provider, today announced the financial results for the second quarter and half year ended September 30, 2020, as approved by its Board of Directors.

Commenting on the performance, Anirudhsinh Jadeja, Managing Director, GTPL Hathway said, “GTPL Hathway continues to deliver on key KPIs. The highlight of H1 FY21 performance was strong profitability, debt reduction, geographical expansion and robust operational performance. During the first six months of the current year, we have reduced our gross debt by ₹ 440 million. Our Broadband business has gained momentum and we added 1,30,000 Broadband subscribers during H1 FY21. We are No.6 private wireline broadband company in India, offering high speed and truly unlimited data. We are looking forward for a strong H2 FY21 coupled with our planned launch of Hybrid Box in coming months.”

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