Q2 FY27: Total revenue ₹ 11,464 Mn, up 19% YoY; EBITDA ₹ 1,103 Mn at 9.6% margin
GTPL Hathway has shared its media release on the standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 3 min read
- Total Revenue (Q2 FY27)
- ₹ 11,464 Mn, a growth of 19% Y-o-Y
- EBITDA (Q2 FY27)
- ₹ 1,103 Mn, with EBITDA margin of 9.6% and operating EBITDA margin of 20%
- Profit After Tax (Q2 FY27)
- -5 (₹ in million), against 93 in Q2 FY26
Media release on results for the quarter and half year ended September 30, 2026
The company shared a media release on its standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2026, along with business and operational highlights.
Financial highlights, Q2 FY27
- Total revenue: ₹ 11,464 Mn, a growth of 19% Y-o-Y
- EBITDA: ₹ 1103 Mn, with an EBITDA margin of 9.6% and an operating EBITDA margin of 20%
- Broadband revenue: ₹ 1,459 Mn
- Profit after tax: -5 (₹ in million)
The quarterly table (₹ in million)
- Digital cable TV revenue: 3,455 in Q2 FY27, 2,913 in Q1 FY27, 3,024 in Q2 FY26, 6,368 in H1 FY27, 6,042 in H1 FY26, 11,862 in FY26
- Broadband revenue: 1,459 in Q2 FY27, 1,425 in Q1 FY27, 1,393 in Q2 FY26, 2,884 in H1 FY27, 2,753 in H1 FY26, 5,580 in FY26
- Total revenue: 11,464 in Q2 FY27, 10,199 in Q1 FY27, 9,649 in Q2 FY26, 21,663 in H1 FY27, 18,741 in H1 FY26, 37,466 in FY26
- EBITDA: 1,103 in Q2 FY27, 1,092 in Q1 FY27, 1,101 in Q2 FY26, 2,194 in H1 FY27, 2,224 in H1 FY26, 4,323 in FY26
- EBITDA margin: 9.6% in Q2 FY27, 10.7% in Q1 FY27, 11.4% in Q2 FY26, 10.1% in H1 FY27, 11.9% in H1 FY26, 11.5% in FY26
- Operating EBITDA: 20% in Q2 FY27, 22% in Q1 FY27, 22% in Q2 FY26, 21% in H1 FY27, 22% in H1 FY26, 21% in FY26
- Profit after tax: -5 in Q2 FY27, 23 in Q1 FY27, 93 in Q2 FY26, 17 in H1 FY27, 198 in H1 FY26, 156 in FY26
Operating EBITDA is defined as EBITDA net of activation and other income, divided by subscription, ISP and other operating income.
Digital cable TV
- Active subscribers were 11 Mn as of September 30, 2026, an increase of 1.5 Mn (16%) Y-o-Y
- Paying subscribers stood at 10.3 Mn, increasing by 17% Y-o-Y
- Subscription revenue from cable TV stood at ₹ 3,455 Mn for Q2 FY27, an increase of 14% Y-o-Y
Broadband
- Broadband subscribers rose by 20K Y-o-Y to stand at 1070K
- Broadband revenue grew by 5% Y-o-Y to ₹ 1,459 Mn in Q2 FY27
- Homepass as on September 30, 2026 stood at 6 Mn, an addition of 50K Y-o-Y; of the 6 Mn, around 75% is available for FTTX conversion
- Broadband average revenue per user stood at ₹ 470 per month per subscriber, up by ₹ 5 Y-o-Y
- Average data consumption per user per month was 436 GB, up 6% Y-o-Y
What the management said
Managing Director Mr. Anirudhsinh Jadeja said the first half of FY27 saw continued focus on expanding footprint, improving scalability of operations and building a stronger platform across digital TV and broadband. He said the completion of the ACT Group transaction is an important step, adding approximately 6 lakh subscribers across Andhra Pradesh, Telangana, Odisha and Karnataka. Going forward, the focus will be on effective integration of the acquired operations, strengthening presence across markets, expanding the broadband business and improving overall economics of operations.
How a retail investor may read this
The release reports higher total revenue and subscriber additions on a Y-o-Y basis, with the digital cable TV and broadband businesses both showing growth in the reported segments. At the same time, EBITDA margin and operating EBITDA margin are lower than in Q2 FY26, and profit after tax for Q2 FY27 is -5 (₹ in million) against 93 in Q2 FY26. The management comment points to integration of the acquired operations and broadband expansion as the areas of focus.
Also from GTPL Hathway
Q2 FY27 earnings call: ACT cable TV acquisition completed; DL GTPL Cabnet stake purchase discussed
19 Oct 2026
GTPL Hathway posts audio recording of Q2/H1 FY27 post-results conference call held October 14, 2026
14 Oct 2026
GTPL Hathway Q2 FY27: Total income up 19% YoY to ₹11,464 Mn, EBITDA flat at ₹1,103 Mn as consolidated PAT turns to ₹(5) Mn loss
13 Oct 2026
More numbers
- Total revenue, Q2 FY27₹ 11,464 Mn
- Total revenue growth Y-o-Y, Q2 FY2719%
- EBITDA, Q2 FY27₹ 1103 Mn
- EBITDA margin, Q2 FY279.6%
- Digital cable TV active subscribers11 Mn
- Broadband active subscribers1070 K
- Profit after tax, Q2 FY27 (₹ in million)-5
- Broadband ARPU per month per subscriber₹ 470
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