Business Standard

GTPL Hathway

GTPL Hathway Q3 net profit dips 38% to Rs 24.67 crore, revenue up 24%

GTPL Hathway Ltd, provider of cable and internet services, on Thursday reported a decline of 38.04 per cent in consolidated net profit at Rs 24.67 crore for the third quarter ended December 31, 2023. The company had posted a net profit of Rs 39.82 crore in the October-December period a year ago, according to a regulatory filing from GTPL Hathway, a firm owned by Reliance Industries Group. However, its total revenue was up 24.1 per cent to Rs 850.87 crore in the December quarter. It was at Rs 685.63 crore in the corresponding period a year ago. During the quarter, its revenue from the Cable TV business was at Rs 660.60 crore and Rs 135.20 crore from internet services. GTPL Hathway's total income, which also includes other income, was up 22 per cent in the December quarter to Rs 860.66 crore. Shares of GTPL Hathway Ltd on Thursday closed at Rs 199 on BSE, down 3.91 per cent from the previous close.

GTPL Hathway Q3 net profit dips 38% to Rs 24.67 crore, revenue up 24%
Updated On : 11 Jan 2024 | 4:36 PM IST

Abuse of Liberalised Remittance Scheme for offshore betting under CBIC lens

Separate investigation on home-grown online gaming companies shows tax evasion of up to Rs 80,000 crore

Abuse of Liberalised Remittance Scheme for offshore betting under CBIC lens
Updated On : 02 Nov 2022 | 10:45 PM IST

Stocks to watch: ACC, L&T Tech, L&T Infotech, JSPL, Glenmark, Tata Elxsi

Stocks to watch today: L&T Technology Services and Jindal Steel and Power will share June quarter 2022 (Q1FY23) results on Friday, July 15.

Stocks to watch: ACC, L&T Tech, L&T Infotech, JSPL, Glenmark, Tata Elxsi
Updated On : 15 Jul 2022 | 7:58 AM IST

Stocks to watch: Mindtree, Tata Elxsi, Infosys, ACC, L&T Infotech, Raymond

Stocks to watch today: Tata Elxsi, L&T Infotech will report their June quarter results 2022 on Thursday July 14; Mindtree posted 37.3 per cent rise in net profit to Rs 471.6 crore for Q1FY23.

Stocks to watch: Mindtree, Tata Elxsi, Infosys, ACC, L&T Infotech, Raymond
Updated On : 14 Jul 2022 | 8:08 AM IST

GTPL Hathway zooms 19% on heavy volumes; stock hits record high

In the past six months, the stock has zoomed 142 per cent as against a 17 per cent rise in the S&P BSE Sensex

GTPL Hathway zooms 19% on heavy volumes; stock hits record high
Updated On : 01 Oct 2021 | 11:35 AM IST

Market Ahead, January 13: All you need to know before the opening bell

Infosys, Wipro, Amtek Auto, GTPL Hathaway and six other firms are slated to release their Q3 numbers today

Market Ahead, January 13: All you need to know before the opening bell
Updated On : 13 Jan 2021 | 8:17 AM IST

GTPL Hathway surges 11% post December quarter results

GTPL's total income in Q3 increased 115 per cent YoY to Rs 687.5 crore, with CATV subscription revenue at Rs 258.1 crore (up 44% YoY)

GTPL Hathway surges 11% post December quarter results
Updated On : 10 Jan 2020 | 11:24 AM IST

Hathway, Den Network rally up to 20% on Jio GigaFiber launch buzz, PVR dips

Shares of LCOs including Hathway cables and Datacom, Den Networks and GTPL Hathway zoomed in the range of 5 to 20% during the morning deals on the BSE while those of PVR & INOX Leisure slipped up 10%

Hathway, Den Network rally up to 20% on Jio GigaFiber launch buzz, PVR dips
Updated On : 13 Aug 2019 | 12:02 PM IST

GTPL Hathway zooms 20% on impressive June quarter results

Total income increased by 29 per cent on a year-on-year basis to Rs 454 crore

GTPL Hathway zooms 20% on impressive June quarter results
Updated On : 11 Jul 2019 | 12:01 PM IST

GTPL Hathway bags Rs 12.45 bn project to connect gram panchayats in Gujarat

GTPL Hathway and Polycab Wires Private Limited, India's largest wire and cable company, are the consortium partners

GTPL Hathway bags Rs 12.45 bn project to connect gram panchayats in Gujarat
Updated On : 29 Oct 2018 | 11:19 PM IST

GTPL Hathway: Expensive entertainment

There are multiple growth triggers but new competition can spoil show

GTPL Hathway: Expensive entertainment
Updated On : 22 Jun 2017 | 12:25 AM IST