GTPL Hathway Q1 FY27 Results: Returns to Profitability Sequentially as Revenue Tops ₹1,015 Million

GTPL Hathway Limited, India's leading Digital Cable TV and Broadband service provider, today announced its consolidated unaudited financial results for the first quarter of fiscal year 2027 (Q1 FY27) ended June 30, 2026.

The company posted a positive net profit of ₹13.77 million, successfully bouncing back from a heavy net loss in the preceding quarter (Q4 FY26), driven by robust top-line performance and improved operational efficiency.

Key Financial Highlights (Q1 FY27 vs. Q1 FY26 & Q4 FY26)

Revenue from Operations: Reached ₹10,154.07 million (₹1,015.41 crore), marking an 12.36% YoY growth compared to ₹9,036.99 million in Q1 FY26. Sequentially, revenue increased by 9.91% from ₹9,238.44 million in Q4 FY26.

Total Income: Stood at ₹10,198.93 million, up 12.18% YoY from ₹9,091.23 million.

Consolidated Net Profit after Tax (PAT): Logged at ₹13.77 million, recovering from a Net Loss of ₹(139.26) million in the previous quarter. However, profitability was down 81.20% YoY compared to ₹73.23 million in the year-ago period due to higher operating and depreciation expenses.

Basic & Diluted EPS: Bounded back to a positive ₹0.21 per share from a negative EPS of ₹(1.34) in Q4 FY26.

Stable Revenue Trajectory Across Core Segments

The steady subscriber expansion in GTPL Hathway's cable television distribution and high-speed broadband network consistently pulled the top line upward:

[Total Income Breakdown - Q1 FY27]
├── Revenue from Operations: ₹10,154.07 Million (99.56%)
└── Other Income: ₹44.86 Million (0.44%)

Other income for the quarter stood at ₹44.86 million, declining sequentially from ₹105.83 million in Q4 FY26.

Expenditure Breakdown and Profit Margin Pressures

Total expenses for the quarter grew to ₹10,170.05 million, up 13.39% YoY compared to ₹8,968.87 million, driven majorly by elevated network operation overheads:

Operating Expenses: Represented the largest cost contributor at ₹7,673.99 million, climbing 17.04% YoY from ₹6,556.97 million and up sequentially from ₹6,767.40 million.

Employee Benefit Expenses: Rose slightly to ₹404.62 million from ₹389.98 million in the year-ago quarter.

Depreciation and Amortisation: Stood at ₹967.41 million, compared to ₹914.13 million in Q1 FY26.

Finance Costs: Logged at ₹95.33 million, up from ₹86.44 million in the base quarter.

Other Expenses: Stood at ₹975.31 million, down from ₹1,096.82 million in Q4 FY26.

Tax Obligations and Comprehensive Income:

The company registered a Profit Before Tax (PBT) of ₹28.83 million (after accounting for a minor loss share of ₹0.05 million from associates and joint ventures). Total tax expenses for the quarter stood at ₹15.06 million (consisting of ₹18.07 million in current tax and a deferred tax credit of ₹3.01 million), resulting in a Net Profit of ₹13.77 million.

After factoring in minor other comprehensive losses of ₹0.42 million (net of tax), the Total Comprehensive Income for the period stood at ₹13.35 million (compared to a loss of ₹139.60 million in the previous quarter). Paid-up equity share capital remained steady at ₹1,124.63 million (Face value of ₹10 per share).

Shares of GTPL Hathway Limited was last trading in BSE at Rs. 64.48 as compared to the previous close of Rs. 62.48. The total number of shares traded during the day was 8212 in over 246 trades.

The stock hit an intraday high of Rs. 72.99 and intraday low of 61.60. The net turnover during the day was Rs. 528019.00.

Source : Equity Bulls

Keywords

GTPLHathway INE869I01013 Q1FY27 Q1FY2027 ResultUpdate