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GTPL Hathway's Consolidated Q1 FY20 PAT at INR 294 Million, up 121% Y-o-Y

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Press Trust of India AHMEDABAD
Last Updated : Jul 11 2019 | 10:55 AM IST

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Key Highlights
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."

Q1 FY20 Consolidated Financial Performance Highlights (as per IND AS) Revenue (ex. EPC) at ? 3,911 million, up 29% y-o-y CATV subscription revenue at ? 2,472 million, up 47% y-o-y Broadband revenue at ? 393 million, up 9% y-o-y EBITDA (ex. EPC) at ? 1,103 million; up 32% y-o-y; EBITDA margin (ex. EPC) at 28.2% up by 60 bps Profit after tax (ex. EPC) at ? 266 million; up 100% y-o-y Q1 FY20 EPC Contract revenue, EBITDA and PAT at ? 632 million, ? 52 Million and ? 29 million respectively. Q1 FY20 Standalone Financial Performance Highlights (as per IND AS)
Revenue at (ex. EPC) ? 2,538 million; up 27% y-o-y. CATV subscription revenue at ? 1,631 million; up 45% y-o-y. EBITDA (ex. EPC) at ? 745 million up 31% y-o-y; EBITDA margin (ex. EPC) at 29.4% up by 90 bps Profit after tax (ex. EPC) came in at ? 223 million; up 135% y-o-y
Business Performance Highlights

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First Published: Jul 11 2019 | 10:55 AM IST

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