Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

GTPL Hathway's Consolidated Q1 FY20 PAT at Rs. 294 million, up 121% Y-o-Y

Posted On: 2019-07-11 08:11:34

GTPL Hathway Limited (GTPL), India's leading Digital Cable TV and Broadband Service provider, today announced the financial results for the First quarter of Financial year 2019 - 20, as approved by its Board of Directors.

Key Highlights

- Consolidated Q1 FY20 revenue at Rs. 4,543 million; up 50% y-o-y
- Q1 FY20 subscription revenue at Rs. 2,472 million; up 47% y-o-y
- Q1 FY20 EBITDA Rs. 1,156 million; up 38% y-o-y
- Q1 FY20 PAT at Rs. 294 million; up 121% y-o-y
- Seeded 200,000 STBs and added 300,000 digital paying subscribers during Q1 FY20
- Added 240,000 new home pass; added 15,000 net broadband subscribers and 10,000 FTTX subscribers (67% of net addition) during Q1 FY20

- Consumption per customer at 120 GB/month as on June 2019; up from 38 GB/month in March 2017; Data consumption increased 3x over two years' period

Commenting on performance, Anirudhasinhji Jadeja, Managing Director, GTPL Hathway said, "Q1FY20 was the first full quarter with New Tariff Order (NTO), which has led to significant growth in subscription revenue. Subscription revenue grew by 47% on a y-o-y basis. Overall, our first quarter performance was in line with our expectation and we see our next three quarters equally exciting. With NTO being stabilised, our focus on taking FTTH to more and more homes, re-launching industry's first dual service product 'GTPL GIGAHD' to convert current customers along with adding new customers and concurrently launching hybrid set top box will help us to converge linear TV viewing with OTT usage. We will further increase the pace of growth momentum towards CATV and Broadband business in FY 2019 - 20.

Shares of GTPL Hathway Ltd was last trading in BSE at Rs.54 as compared to the previous close of Rs. 55.8. The total number of shares traded during the day was 16928 in over 413 trades.

The stock hit an intraday high of Rs. 65.95 and intraday low of 53.15. The net turnover during the day was Rs. 983164.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Amara Raja Batteries Ltd reports 2% growth in revenue during Q1 FY20

Jubilant Life Sciences Ltd board to approve 1st quarter results on July 26, 2019

Muthoot Capital Services Ltd calls for board meeting on July 29, 2019

ICRA revises ratings of Indo Count Industries Ltd

Reliance Industries Ltd approves merger of RHUSA with REGDL and merger of REGDL with itself

K P R Mill Limited board to consider Q1 results on July 29,2 019

IndiGo inaugurates Shillong as 54th domestic destination

Avanti Feeds Ltd Q1 consolidated PAT up at Rs. 101.45 crore

Shri Kumar Mangalam Birla appointed as Chairman of CENTURY Textiles and Industries Limited

ARSS Infrastructure Projects Ltd JV bags work order of Rs. 77.96 crore

HDFC Bank fixes Sep 20, 2019 as record date for stock split

HDFC Bank recommends special interim dividend of Rs. 5

AXIS Bank board approves fund raising of upto Rs. 18,000 crore

HDFC Bank Ltd Q1 FY20 consolidated net profit falls QoQ to Rs. 5676.06 crores

VXL Instruments Ltd calls for board meeting on July 29, 2019

Future Lifestyle Fashions Ltd Q1 PAT falls QoQ, YoY

Andhra Petrochemicals Ltd board to consider quarterly results on Aug 3, 2019

Vodafone Idea Ltd board to announce first quarter results on July 26, 2019

Jagran Prakashan Ltd board to approve Q1 results on July 31, 2019

CARE revises ratings of Godawari Power and Ispat Ltd

Dr. Reddy's Laboratories announces closure of the transaction to divest ZEMBRACE® SYMTOUCH® and TOSYMRA™ to Upsher-Smith Laboratories, LLC

Century Enka Ltd board approves appointment of Smt. Rajashree Birla as Chairperson

Garden Reach Shipbuilders & Engineers Ltd board to consider Q1 results on Aug 9, 2019

Amara Raja Batteries Ltd Q1 FY20 net profit at Rs. 140.91 crores

Cipla Ltd gets 7 observations from USFDA for API facility in Bengaluru

Kirloskar Pneumatic Co. Ltd. Q1 net profit at Rs. 3.46 crore

US FDA completes inspection at Strides' flagship facility in Bangalore

CG bags contract for 400 MW wind farm in Saudi Arabia

NCL Industries Ltd reports 4% growth in cement production in Q1 FY20

CRISIL reaffirms rating of Edelweiss Financial Services Ltd's short term borrowing

IndiGo reports PAT of INR 12,031 million and EBITDAR of INR 27,785 million in Q1 FY20

Brookfield to invest Rs. 25,215 crore in units of RIL's tower infrastructure trust

Bandhan Bank Ltd Q1 net profit rises to Rs. 701.14 crores

Mahindra CIE Automotive Ltd Q2 CY19 PAT drops to Rs. 126.22 crores

Bhageria Industries Ltd reports Q1 net profit of Rs. 17.01 crore

REC Limited launches US$ 650 Million 3.375% Notes

IOL Chemicals & Pharmaceuticals Ltd prepays term loan of Rs. 15.39 crore

McNally Bharat Engineering Company Ltd bags order from NLC India Ltd

RIL Q1 consolidated net profit at Rs. 10141 crores

L&T Technology Services Q1FY20 revenue rises on large deal wins

Dabur India Q1 Consolidated Net Profit surges 10.3%

Bhumika Group partners with Shoppers Stop Ltd. at Urban Square, Udaipur

HPL Electric partners with Haryana Steelers for Pro Kabaddi League Season 7

ICICI Lombard General Insurance Q1 FY20 PAT up 7.1% YoY

L&T Technology Services Ltd Q1 consolidated up at Rs. 203.9 crores

Indian Energy Exchange Ltd board to announce 1st quarter results on July 31, 2019

L&T Finance Holdings Ltd Q1 consolidated PAT at Rs. 548.79 crores

IndiaMART recognized as 'Top 5 Coding Powerhouse in India'

PNB to consider raising Rs. 5000 crore

Hindustan Zinc Ltd Q1 net profit slips to Rs. 1765 crores







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019