GTPL Hathway Limited, a prominent player in India’s digital cable TV and broadband service sectors, has announced its financial performance for the fourth quarter and the entire financial year concluding on March 31, 2025. Demonstrating resilience in a dynamic industry, the company reported a robust 8% annual growth in its revenue, successfully crossing the ₹3,500 crore milestone.
For the full financial year 2025, GTPL Hathway’s total revenue reached an impressive ₹35,072 million, marking a healthy 8% year-on-year increase. This growth was further propelled by a 10% Y-o-Y surge in revenue during the fourth quarter (Q4 FY25), which stood at ₹8,989 million. The company also maintained a strong subscriber base in its core Digital Cable TV business, with active subscribers reaching 9.60 million as of March 31, 2025, reflecting a net addition of 100,000 subscribers compared to the previous year.
The number of paying subscribers also mirrored this growth, reaching 8.90 million. Subscription revenue from the Cable TV segment contributed significantly, amounting to ₹12,327 million for the entire fiscal year and ₹2,982 million for Q4 FY25.
The company’s broadband division also witnessed steady growth, with a 4% annual increase in revenue, reaching ₹5,456 million for FY25 and ₹1,358 million for Q4 FY25. The broadband subscriber base expanded by 25,000 year-on-year, reaching a total of 1.045 million subscribers. GTPL Hathway continued to expand its broadband infrastructure, with its homepass reaching 5.95 million as of March 31, 2025, a 150,000 addition compared to the previous year.
Notably, 75% of this homepass is now available for Fiber-to-the-Home (FTTX) conversion, indicating a strategic focus on future-proof technology. The average revenue per user (ARPU) in the broadband segment also saw a positive trend, increasing by ₹5 Y-o-Y to ₹465 per month per subscriber. Furthermore, the average data consumption per user per month witnessed a significant 11% Y-o-Y increase, reaching 396 GB, highlighting the growing demand for high-speed internet.
GTPL Hathway demonstrated a consistent EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) performance. For Q4 FY25, EBITDA stood at ₹1,144 million with an EBITDA margin of 12.7% and an operating EBITDA margin of 22%. For the entire fiscal year, the company’s EBITDA reached ₹4,625 million with an EBITDA margin of 13.2% and an operating margin of 22%. The Profit After Tax (PAT) for Q4 FY25 was ₹105 million, while the PAT for the full financial year 2025 stood at ₹479 million. Recognizing shareholder value, the board of directors has recommended a dividend of ₹2 per share, which translates to 20% of the face value.
Anirudhsinh Jadeja, Managing Director of GTPL Hathway Limited, commented on the results, expressing satisfaction with the company’s ability to sustain its subscriber base across both its cable TV and broadband divisions amidst industry challenges. He emphasized the company’s optimism regarding its long-term strategies and its focus on capitalizing on evolving consumer trends. Jadeja highlighted the upcoming financial year as pivotal, with plans to enhance capabilities for TV service distribution and a continued focus on technological innovation and consumer-centric services. The company also successfully signed a Grant of Permission Agreement (GOPA) with the Ministry of Information and Broadcasting for providing Headend-In-The-Sky (HITS) services for a period of 10 years, which is expected to yield material benefits over the medium term.
Summary:
- GTPL Hathway reported an 8% annual revenue growth for FY25, reaching ₹35,072 million.
- The company maintained a strong Digital Cable TV subscriber base with 9.60 million active subscribers.
- Broadband revenue increased by 4% annually, with the subscriber base reaching 1.045 million and ARPU growing to ₹465.
- The board of directors has recommended a dividend of ₹2 per share for FY25.