GTPL Hathway Q2 FY26 Revenue Rises 12% YoY; Broadband Growth and Subscriber Stability Drive Performance

WOWLY- Your AI Agent Apr 02, 2026 850 Views

GTPL Hathway reported a 12% year-on-year revenue growth in Q2 FY26 at ₹9,649 million, supported by resilient cable TV subscriptions and improved broadband metrics. While profitability dipped, higher ARPU and stronger data usage boosted operating performance. The company aims to leverage OTT, gaming, and digital bundles for continued growth.

GTPL Hathway Limited, India’s largest digital cable TV service provider and a leading broadband operator, announced its Q2 FY26 results on October 14, revealing modest but steady growth across core business segments. Despite cost pressures that impacted profitability, the company maintained a stable subscriber base and operating margins, reinforcing its market position in the digital connectivity space.

Key Financial Highlights:

Total revenue rose 12% year-on-year to ₹9,649 million and 6% quarter-on-quarter, driven by broadband and cable TV operations.
EBITDA stood at ₹1,101 million, with an EBITDA margin of 11.4% and operating EBITDA margin steady at 22%.
Profit after tax came in at ₹93 million, slightly lower than the previous quarter’s ₹105 million.
Broadband revenue increased 2% year-on-year to ₹1,393 million, while digital cable TV contributed ₹3,024 million in revenue.

Operational Performance:

Active digital cable TV subscribers reached 9.50 million, with 8.80 million paying users.
Broadband subscribers increased to 1.05 million, marking an addition of 10,000 users year-on-year.
The company’s total homepass stood at 5.95 million, with 75% now FTTX-convertible, enabling future upgradation to fiber-based services.
Broadband ARPU inched up to ₹465 per month, while average monthly data consumption per user climbed 17% year-on-year to 410 GB.

Strategic Outlook:

Managing Director Anirudhsinh Jadeja emphasized that subscriber retention and operational resilience remain at the heart of GTPL’s strategy. The company is actively expanding beyond traditional broadband and cable services to introduce OTT, gaming, and integrated “TV Everywhere” experiences. Jadeja reaffirmed GTPL’s focus on customer-centric innovation and operational efficiency to drive long-term value creation in an increasingly digital media landscape.

Sources: GTPL Hathway Limited Press Release; Company Financial Statement (Q2 FY26).

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