GTPL Hathway Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
January 11, 2024 at 03:12 am EST
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GTPL Hathway Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 8,508.75 million compared to INR 6,856.31 million a year ago. Revenue was INR 8,606.65 million compared to INR 7,049.58 million a year ago. Net income was INR 236.78 million compared to INR 375.73 million a year ago. Basic earnings per share from continuing operations was INR 2.11 compared to INR 3.34 a year ago.
For the nine months, sales was INR 24,045.12 million compared to INR 19,715.04 million a year ago. Revenue was INR 24,312.08 million compared to INR 20,123.25 million a year ago. Net income was INR 938.16 million compared to INR 1,256.92 million a year ago. Basic earnings per share from continuing operations was INR 8.34 compared to INR 11.18 a year ago.
GTPL Hathway Limited is an India-based company, which is engaged in distribution of television channels through digital cable distribution network. It also provides broadband services. It offer a variety of digital cable television services for all customer preferences, including standard definition, high definition and a combination of cable television and over-the-top (OTT) services (Hybrid). It is present across 1,200 plus towns in 22 states across 1500+ towns with presence in states of Gujarat, West Bengal, Maharashtra, Goa, Bihar, Uttar Pradesh, Madhya Pradesh, Jharkhand, Rajasthan, Odisha, Assam, Tripura, Meghalaya, Manipur, Nagaland, Telangana, Andhra Pradesh, Tamil Nadu, Karnataka, Delhi, and Haryana. The Company offers broadband services through GTPL Broadband Private Limited, its wholly owned subsidiary (GTPL Broadband). GTPL Broadband offers high speed and unlimited data broadband to its customers using the Gigabit Passive Optical Network - Fiber to the Home (GPON- FTTH).
GTPL HATHWAY LIMITED 
