Gtpl Hathway Limited Reports Earnings Results for the Third Quarter Ended December 31, 2020
January 13, 2021 at 03:16 pm IST
Share
GTPL Hathway Limited announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was INR 6,556.11 million compared to INR 6,952.67 million a year ago. Net income was INR 452.26 million compared to INR 330.55 million a year ago. Basic earnings per share from continuing operations was INR 4.02 compared to INR 2.94 a year ago. For the nine months, total revenue was INR 17,423.14 million compared to INR 17,783.72 million a year ago. Net income was INR 1,312.05 million compared to INR 913.73 million a year ago. Basic earnings per share from continuing operations was INR 11.67 compared to INR 8.12 a year ago.
GTPL Hathway Limited is an India-based company, which is engaged in distribution of television channels through digital cable distribution network. It also provides broadband services. It offer a variety of digital cable television services for all customer preferences, including standard definition, high definition and a combination of cable television and over-the-top (OTT) services (Hybrid). It is present across 1,200 plus towns in 22 states across 1500+ towns with presence in states of Gujarat, West Bengal, Maharashtra, Goa, Bihar, Uttar Pradesh, Madhya Pradesh, Jharkhand, Rajasthan, Odisha, Assam, Tripura, Meghalaya, Manipur, Nagaland, Telangana, Andhra Pradesh, Tamil Nadu, Karnataka, Delhi, and Haryana. The Company offers broadband services through GTPL Broadband Private Limited, its wholly owned subsidiary (GTPL Broadband). GTPL Broadband offers high speed and unlimited data broadband to its customers using the Gigabit Passive Optical Network - Fiber to the Home (GPON- FTTH).