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Q1 2021 GTPL Hathway Ltd Earnings Call Transcript
Good evening, everyone. Warm welcome to all of you to the conference call of GTPL Hathway Limited to discuss financial and operational performance quarter one FY21. Let me give you a quick overview of quarter one.
The GTPL team delivered another strong quarter. The highlights of the quarter one was strongly profitable and debt reduction. As on quarter one, our seeded set-top box stood at 10.2 million and paying subscribers stood at 7.2 million. Our consolidated subscription revenue grew by 7% during the quarter.
In the broadband business, we have added 1,80,000 new home passes. GTPL added 50,000 net broadband subscribers, a sharp growth of 2x in subscriber addition, include 20,000 FTTX subscribers. During the quarter, we have significantly reduced our gross debt by INR37 crore. Our net debt as on June 30, 2020, stood at INR108 crore. Quarter-one FY21 consolidated revenue, EBITDA, and PAT grew by 10%, 11%, and 39%, respectively.
With that, I hand over to Mr. Piyush Pankaj, who can take you through the business and financial aspect
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