Q2 2026 GTPL Hathway Ltd Earnings Call Transcript
Key Points
- GTPL Hathway Ltd (BOM:540602) reported a 12% year-over-year increase in total revenue, reaching INR 9,609 million.
- The company maintained a strong EBITDA margin of 22% on a consolidated basis.
- GTPL Hathway Ltd continues to expand its digital cable TV and broadband subscriber base, with 9.50 million digital cable TV subscribers and 1.05 million broadband subscribers.
- The company is focusing on both organic and inorganic growth opportunities to drive sustainable growth across its core business segments.
- GTPL Hathway Ltd is launching a new platform in the third quarter to enhance distribution capabilities and reach, which is expected to improve operational efficiency and cost savings.
- Subscription revenue saw a marginal decline of 3% quarter-over-quarter and 1% year-over-year on a standalone basis.
- The company experienced a higher churn rate in the digital cable TV segment, losing 100,000 subscribers in the quarter.
- Broadband subscriber growth has been muted due to increased competition from major players like Jio and Airtel, as well as the introduction of air fiber technology.
- The company's net profit for Q2 FY26 stood at INR 93 million, indicating challenges in maintaining profitability amidst rising costs and competitive pressures.
- There is uncertainty regarding the impact of new technologies like satellite broadband on the company's market position and growth prospects.
Ladies and gentlemen, good day and welcome to GTPL Hatways Q2 and H1 FY26 earning conference call hosted by MK Global Financial Service Limited. As a reminder, all participant line will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing, then 0 on your touchtone phone.
I now hand the conference over to Mr. Pranohatri MK Global's.
Financial Service Limited.
Thank you and over to you, Mr. Sharia.
'-
Thank you so much. Good afternoon, everyone. I would like to welcome the management and thank them for this opportunity. We have with us today Mr. Anirudra Singh Jadeja, promoter and managing director, Mr. Pus Pankaj, business head and Chief Strategy Officer, and Mr. Soros Banerji, Chief Financial Officer. I shall now hand over the call to Mr. Anirra Singh Jadeja for his opening remarks.
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