GTPL Hathway Q2 Results Total Income Reaches ₹545.21 Crores

GTPL Hathway Q2 Results

GTPL Hathway Q2 Results: GTPL Hathway earned ₹5,452.11 million in total income, which is a combination of ₹5,390.34 million from operations and ₹61.77 million from other sources. However, its total expenses were ₹5,263.42 million, leading to a profit before tax of ₹188.69 million. After accounting for a tax expense of ₹49.02 million, the net profit for the quarter was ₹139.67 million. This means the company made a profit after paying taxes.

GTPL Hathway generated ₹10,885.06 million in total income and incurred ₹10,492.65 million in expenses, resulting in a profit before tax of ₹392.41 million. After taxes of ₹102.51 million, the net profit for the six months was ₹289.90 million. The company reported earnings per share of ₹1.24 for the quarter and ₹2.58 for the six months. This table shows that while GTPL Hathway has seen some positive earnings, it is important to monitor its expenses and profits over time to understand its overall financial health.

Here's a simplified overview of the standalone unaudited financial results for the quarter and six months ending September 30, 2024, based on the information provided:

(Rs in Million)

Source: Here 

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GTPL Hathway Financial Performance

GTPL Hathway's market capitalization is ₹1,799 crore, which means that the total value of all its shares is this amount. The current stock price is ₹160, with a highest price of ₹218 and a lowest price of ₹148 in the past. The stock has a price-to-earnings ratio (P/E) of 28.2, indicating how much investors are willing to pay for each rupee of profit. The book value is ₹102, showing the company's value based on its assets. The dividend yield of 2.51% means that investors get this percentage back as dividends. Additionally, the return on capital employed (ROCE) is 12.0%, and the return on equity (ROE) is 9.44%, reflecting the company's efficiency in generating profits.

Here's the financial information you provided in a table format:

Quarterly Results 

GTPL Hathway's financial results for March 2024, June 2024, and September 2024 show mixed performance. In March 2024, the company reported sales of ₹808 crores and a net profit of ₹16 crores. By June 2024, sales increased to ₹843 crores, and net profit slightly decreased to ₹15 crores. However, in September 2024, sales reached ₹856 crores, while net profit continued to decline to ₹14 crores. The expenses also rose, impacting profits.

Here’s a summary of the quarterly results for March 2024, June 2024, and September 2024, focusing on the key particulars:

(in Rs. Crores)

About GTPL Hathway

GTPL Hathway is one of the largest cable TV and broadband service providers in India. Based in Gujarat, it offers digital cable TV services and high-speed internet to millions of customers. GTPL Hathway serves over 12 million households in more than 1,500 towns across 23 states. The company provides a wide selection of over 940 TV channels in many languages, catering to the diverse preferences of its customers.

For broadband services, GTPL Hathway uses advanced technology to deliver fast internet speeds of up to 200 Mbps, ensuring smooth streaming and browsing. The company operates under the brand name “GTPL Fiber,” focusing on delivering reliable service with no hidden costs. GTPL Hathway is committed to excellent customer support, offering 24/7 assistance through various channels like phone, social media, and chatbots.