GTPL Hathway, a leading name in digital cable TV and broadband services, has reported a mixed performance for its second quarter (Q2) ending September 2025. While the company saw a healthy 12% increase in consolidated revenue, its net profit took a sharp dive, falling 46% year-on-year to just ₹7.4 crore. This significant decline in profitability, despite robust top-line growth, highlights mounting operational and cost pressures within the sector.
The company’s consolidated total revenue for the July-September quarter of FY2025-26 stood at ₹959.05 crore, a notable rise from ₹855.56 crore in the corresponding period a year ago. This 12% jump in revenue demonstrates continued market expansion and consumer demand for its services.
However, the bottom line was significantly impacted. The consolidated net profit for Q2 FY26 plummeted to ₹7.4 crore, down sharply by 46.16% from ₹13.74 crore reported in the same quarter last fiscal year. This sharp contraction suggests that increased operating costs have outpaced the revenue growth.
The firm’s total expenses for the quarter were recorded at ₹954.40 crore, which is an approximate 13% increase year-on-year. This surge in expenditure is a key factor weighing down the net profit, indicating pressure on margins.
The primary drivers of the quarterly revenue increase were the core business segments:
- Cable TV Business: Revenue from this segment was reported at ₹802.64 crore.
- Internet Services: The broadband segment contributed ₹140.11 crore to the total revenue.
This data underscores the resilience and expansion of GTPL Hathway’s market reach in both its digital cable and internet offerings. However, the inability to translate this sales success into corresponding profit growth suggests a challenge in operational efficiency and cost management, possibly due to factors like rising content costs or higher capital expenditure on network expansion.
The second quarter results present a clear financial dichotomy for GTPL Hathway: strong revenue momentum juxtaposed with a steep erosion in net profitability. The management will face scrutiny over cost containment strategies to align expenses with revenue growth and restore profit margins in the subsequent quarters. Investors and market analysts will closely monitor the company’s efforts to convert top-line growth into sustainable bottom-line performance.
Key Highlights:
- Net Profit Plummets: GTPL Hathway‘s Q2 consolidated net profit fell sharply by 46% to ₹7.4 crore for the quarter ended September 2025.
- Revenue Growth: The company’s consolidated total revenue, however, increased by a healthy 12% year-on-year to reach ₹959.05 crore.
- Cost Pressure: The significant profit decline, despite revenue growth, was driven by a substantial rise in total expenses, which jumped by approximately 13% to ₹954.40 crore.
- Segment Performance: Revenue growth was primarily fueled by its core Cable TV (≈₹802.64 cr) and Internet services (≈₹140.11 cr) segments.