GTPL Hathway Stock Soars After Strong Quarterly Performance
GTPL Hathway's share price experienced a significant surge in early trading on Tuesday. The stock jumped more than 12% following the release of the company's third-quarter financial results for FY26. This sharp increase reflects investor optimism about the company's recent performance.
Financial Highlights from Q3 FY26
The company reported a consolidated net profit of ₹11 crore for the quarter. This figure represents a growth of 8.9% compared to the same period last year. Revenue from operations also showed positive movement. It increased by 5.1% year-on-year to reach ₹932.6 crore.
Operational metrics improved as well. EBITDA rose 7.2% to ₹113.3 crore during the December quarter. The EBITDA margin expanded slightly to 12.1% from 11.9% in the previous year. These numbers indicate healthy operational efficiency.
Business Segment Performance
GTPL Hathway's cable TV business remains a core segment. As of December 31, 2025, the company had 9.4 million active subscribers. Among these, 8.7 million were paying subscribers. Subscription revenue from cable TV amounted to ₹297 crore for the quarter.
The broadband division also posted growth. The subscriber base increased by 18,000 compared to the previous year. Broadband revenue grew by 4% year-on-year to ₹143 crore. The average revenue per user stood at ₹465 per month. Data consumption per customer reached 410 GB per month, marking a 12% increase year-on-year.
Expansion and Strategic Initiatives
GTPL Hathway is actively expanding its footprint across several Indian states. The company is entering markets in Andhra Pradesh, Telangana, and Tamil Nadu. It is also targeting the Northeast region, Haryana, Uttarakhand, and Chhattisgarh. This expansion strategy aims to capture new customer segments.
The company launched GTPL Infinity recently. This initiative enables pan-India, HITS-based content delivery at scale. It represents a strategic move to enhance service offerings. The homepass network reach currently stands at 5.95 million. About 75% of this network is available for fiber-to-the-X conversion, indicating potential for future upgrades.
Stock Performance Analysis
GTPL Hathway's share price showed mixed trends over different timeframes. The stock gained 5% over the past month. However, it declined 10% in the last six months. Looking at longer periods, the smallcap stock fell 15% over one year and 33% over five years.
By 10:00 AM on Tuesday, the share price was trading 3.11% higher at ₹99.50 per share on the BSE. The early surge moderated as trading continued. Investors are closely watching the company's ability to sustain growth momentum.
Market Context and Considerations
The sharp price movement highlights market reaction to quarterly results. Positive financial metrics often trigger such responses. However, investors should consider the broader stock performance history. The long-term decline suggests underlying challenges.
Key factors to watch include subscriber growth in new regions. Execution of expansion plans will be crucial. The company's ability to increase ARPU and manage costs will impact future profitability. Market conditions and competitive pressures also play significant roles.
GTPL Hathway operates in a dynamic sector. Technological shifts and changing consumer preferences create both opportunities and risks. The company's focus on broadband and content delivery positions it in growing segments. Successful implementation of strategic initiatives could drive future performance.
