GTPL Hathway Ltd's Q3FY25 Quarter Results
- 1d ago
Result Summary
- GTPL Hathway Ltd reported a 3.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 4.1%.
- Its expenses for the quarter were up by 4.6% QoQ and 6.7% YoY.
- The net profit decreased 20.4% QoQ and decreased 57.1% YoY.
- The earnings per share (EPS) of GTPL Hathway Ltd stood at 0.9 during Q3FY25.
Financial Statments for Q2FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 895.68 | 862.04 | 860.66 | 3.9% | 4.1% |
Total Expenses | 883.29 | 844.70 | 827.52 | 4.6% | 6.7% |
Profit Before Tax | 12.39 | 17.34 | 33.15 | -28.5% | -62.6% |
Tax | 3.65 | 4.24 | 8.82 | -13.9% | -58.6% |
Profit After Tax | 10.17 | 12.78 | 23.68 | -20.4% | -57.1% |
Earnings Per Share | 0.90 | 1.10 | 2.10 | -18.2% | -57.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
GTPL Hathway Ltd is a leading player in India's cable TV and broadband industry. The company's primary business segments include cable television services, broadband services, and internet leased line services. Broadly, GTPL Hathway offers digital cable television services, broadband services, and analogue cable television services. It is one of the major providers in Gujarat and has a significant presence in West Bengal, Maharashtra, Bihar, Assam, Madhya Pradesh, Andhra Pradesh, Telangana, Rajasthan, and Jharkhand.
Revenue
The company's total income for the third quarter of the fiscal year 2025 (Q3FY25) stood at ₹895.68 crores. This is a quarter-over-quarter (QoQ) increase of 3.9% from Q2FY25, where the total income was ₹862.04 crores. In a year-over-year (YoY) comparison, the total income for Q3FY25 showed an increase of 4.1% from ₹860.66 crores in Q3FY24.
Profitability
Taking a look at the profitability measures, the Profit Before Tax (PBT) for Q3FY25 was ₹12.39 crores. This marks a significant decline of 28.5% QoQ from ₹17.34 crores in Q2FY25. The YoY comparison also shows a steep decline of 62.6% from ₹33.15 crores in Q3FY24. The Profit After Tax (PAT) for Q3FY25 was ₹10.17 crores, a decrease of 20.4% QoQ from ₹12.78 crores in Q2FY25. Similarly, the YoY comparison shows a decrease of 57.1% from ₹23.68 crores in Q3FY24.
Operating Metrics
In terms of operating metrics, the company's total expenses for Q3FY25 were ₹883.29 crores, a rise of 4.6% QoQ from ₹844.70 crores in Q2FY25. Additionally, the YoY comparison indicates a 6.7% increase in total expenses from ₹827.52 crores in Q3FY24. The Earnings Per Share (EPS) for Q3FY25 was ₹0.90, which is a decrease of 18.2% QoQ from ₹1.10 in Q2FY25. On a YoY basis, the EPS saw a decline of 57.1% from ₹2.10 in Q3FY24.
Margins
The company's margins have seen a significant contraction in the quarter under review. The Profit Before Tax (PBT) margin, calculated as the ratio of PBT to Total Income, decreased from 2.01% in Q2FY25 to 1.38% in Q3FY25. Similarly, the Profit After Tax (PAT) margin decreased from 1.48% in Q2FY25 to 1.13% in Q3FY25. This contraction in margins can be largely attributed to the rise in total expenses and the decrease in profitability for the quarter.
