Q2 2025 GTPL Hathway Ltd Earnings Call Transcript
Key Points
- GTPL Hathway Ltd (BOM:540602) reported a 9% year-over-year increase in total revenue, reaching INR 8,620 million for the quarter.
- The company maintained a stable broadband ARPU at INR 460, with average data consumption per month increasing by 13% year-over-year to 350 GBs.
- GTPL Hathway Ltd (BOM:540602) added 50,000 new broadband subscribers, marking a 5% year-over-year increase in its active subscriber base.
- The company's balance sheet remains healthy with a net debt to equity ratio of 0.1x as of September 30, 2024.
- GTPL Hathway Ltd (BOM:540602) is actively pursuing growth in the B2B broadband segment, particularly in Delhi, UP, and Behanna, which could lead to further subscriber additions.
- The cable TV segment experienced a decline in subscribers due to higher churn rates, attributed to the absence of major events and adverse weather conditions.
- Short-term borrowings increased, leading to higher interest expenses and impacting PAT growth.
- The broadband segment's margins have decreased due to a higher rate of subscriber additions in the lower-margin B2B segment.
- The company faced challenges in customer retention, with churn rates increasing during periods without major events.
- GTPL Hathway Ltd (BOM:540602) lowered its revenue growth projection for the year from 20% to around 15% due to a weaker-than-expected Q2 performance.
Ladies and gentlemen, good day, and welcome to the Q2 FY '25 Results Conference Call of GTPL Hathway hosted by Emkay Global Financial Services. (Operator Instructions) Please note that this call is being recorded. I would now like to hand the conference over to Mr. Pulkit Chawla from Emkay Global Financial Services. Thank you, and over to you, sir.
Thank you, Sachin. Good evening, everyone, and welcome to the Q2 FY '25 earnings call for GTPL Hathway. From the management, we have with us today Mr. Anirudhsinh Jadeja, Promoter and Managing Director; Mr. Piyush Pankaj, Business Head B2B and Chief Strategy Officer; and Mr. Saurav Banerjee, Chief Financial Officer. Without any further delay, I shall now hand over the call to the management for the opening remarks. Over to you, sir.
Thank you, Pulkit. Good evening, everyone. A warm welcome to everybody to the earnings call of GTPL
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
