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GTPL Hathway Ltd : Profit Before Tax (PBT) increases by 14% Y-o-Y in Q3 FY26

AHMEDABAD, India, Jan. 14, 2026 /PRNewswire/ — GTPL Hathway Limited, India’s largest Digital Cable TV Service Provider and a leading Broadband Service provider, announced its Financial Results for the Quarter ended December 31, 2025.

Key Financial Highlights:

Key Consolidated Business & Financial Highlights: Q3 FY26

 

Total Revenue

 

₹9,382Mn

 

 

 

Broadband Revenue

 

₹ 1,433 Mn

 

 

Digital Cable TV 

Active Subscribers

9.40 Mn

 

 

Broadband 

Active Subscribers

 

1060 K

  • Q3 FY26 Total revenue stood at  9,382 Mn, a growth of 5% Y-o-Y
  • EBITDA for Q3 FY26 was ₹ 1,189 Mn with an EBITDA Margin of 12.7% & an Operating EBITDA Margin of 23.9%
  • Q3 FY26 Profit After Tax stood at ₹ 111 Mn.

Particulars (₹ in million)

Q3 FY26

Q3 FY25

Q2 FY26

FY25

Digital Cable TV Revenue

2,970

3,024

3,024

12,327

Broadband Revenue

1,433

1,383

1,393

5,456

Total Revenue

9,382

8,957

9,649

35,072

EBITDA

1,189

1,138

1,101

4,625

EBITDA Margin (%)

13 %

13 %

11 %

13 %

Operating EBITDA* (%)

24 %

22 %

22 %

22 %

Profit After Tax

111

102

93

479

*Operating EBITDA (%) = (EBITDA net of Activation & Other income) / (Subscription+ ISP + Other Operating income)

Operational Highlights

Digital Cable TV

  • Active subscribers were 9.40 Mn as of December 31, 2025
  • Paying subscribers stood at 8.70 Mn as of December 31, 2025
  • Subscription revenue from Cable TV stood at ₹ 2,970 Mn for Q3 FY26.

GTPL Infinity – HITS Platform

  • A satellite-based HITS platform delivering nationwide television signal distribution
  • Supported by one of the world’s largest C-band teleport facilities located in Ahmedabad
  • Built for scalable, cost-efficient, and high–quality content delivery.

Broadband

  • Increase in broadband subscribers by 18K Y-o-Y thus standing at 1060K
  • Broadband revenue increased by 4% Y-o-Y to ₹ 1,433 Mn for Q3 FY26
  • Homepass as on December 31, 2025, stood at 5.95 Mn, out of approximately 75% is available for FTTX conversion
  • Broadband Average Revenue Per User (ARPU) stood at ₹ 465 per month per subscriber
  • Average data consumption per user per month was 410 GB, an increase of 12% Y-o-Y.

Commenting on the results, Mr. Anirudhsinh Jadeja – Managing Director, GTPL Hathway Limited, said:

“I am pleased to share that we have broadly sustained our active subscriber base across both Cable TV and Broadband businesses, underscoring the resilience of our operating model and the continued trust of our customers in a highly competitive environment.

Our strategic focus remains firmly on enhancing customer experience and deepening engagement. We are progressively evolving beyond traditional Cable TV and Broadband by integrating value-added services such as OTT, Gaming and TV Everywhere, either as standalone offerings or in bundled formats, to address the rapidly changing content consumption preferences of our customers.

Launch of GTPL Infinity, HITS Platform, represents a significant milestone in this journey. Backed by one of the world’s largest C-Band teleports in Ahmedabad, the platform enables seamless nationwide delivery of nearly 800 channels with high reliability. It empowers our partners to go live within 24 hours, optimise costs and unlock incremental growth opportunities.”

About GTPL Hathway Limited

GTPL Hathway Limited is India’s largest MSO providing Digital Cable TV services and is one of the largest Private Wireline Broadband service providers in India. The Company is the largest Digital Cable TV and Wireline Broadband Service Provider in Gujarat & is a leading Digital Cable TV Service provider in West Bengal. The Company’s Digital Cable TV services reach 1,500+ towns across India in 26 States & 4 Union Territories. The company enjoys an expansive network, comprising 48,000+ business partners, 200+ broadcasters, 1,750+ enterprise clientele and active participation in 30+ government projects. The company offers an enviable catalogue of 975+ TV Channels with 130+ channels which are GTPL Owned & Operated Platform Services. As on December 31, 2025, the Company has 9.40 million Active Digital Cable TV Subscribers and 1.06 million Broadband Subscribers and a Broadband Home-pass of about 5.95 million.

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GTPL Logo

 

Contact Details

GTPL Hathway Limited

CIN: L64204GJ2006PLC048908

Name: Mr. Piyush Pankaj

Designation: Business Head B2B (CATV & Broadband) and Chief Strategy Officer

Email: piyush.pankaj@gtpl.net 

Contact: +91 98113 21102

Investor Relations: MUFG Intime India Pvt Ltd

Ms. Darshi Jain

Email: darshi.jain@in.mpms.mufg.com 

Contact: +91 96531 39305

Mr. Devansh Dedhia

Email: devansh.dedhia@in.mpms.mufg.com

Contact: +91 99301 47479

Safe Harbor

Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company’s operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labor relations, exchange rate fluctuations, technological changes, investment and business income, cash flow projections, interest, and other costs. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

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Reliance Digital Introduces High-Performance iQOO 15R to its Nationwide Store Network

MUMBAI, India, March 11, 2026 /PRNewswire/ — Reliance Digital announces the offline retail availability of iQOO, the high-performance smartphone brand built for today’s youth and tech-forward consumers. Following strong traction in online channels, iQOO is now extending its presence into physical retail, allowing customers to experience and purchase its devices first-hand at Reliance Digital stores across India.

Known for pushing the boundaries of speed, and power, the iQOO 15R is powered by the Snapdragon 8 Gen 5, delivering exceptional speed, responsiveness, and sustained performance throughout the day. It packs iQOO’s biggest battery yet in an ultra-slim 7.90mm design, making it India’s slimmest smartphone with a 7600 mAh battery.

The device features a 6.5K IceCore VC Cooling Chamber for stable performance and runs on OriginOS 6.0 based on Android 16 out of the box, supported by 4 years of software updates and 6 years of security updates. It is also equipped with a Sony LYT-700V OIS camera, a 1.5K 144Hz AMOLED EyeCare display, and IP68 & IP69 dust and water resistance, making it a dependable daily partner for professionals on the go.

The brand’s offline expansion marks an important step in deepening consumer engagement by offering hands-on access to its devices, enabling customers to explore iQOO’s powerful performance, advanced display technology, and flagship-grade camera capabilities in a real-world retail environment.

The availability of iQOO at Reliance Digital brings together two brands driven by innovation and consumer experience. While iQOO continues to build its reputation as a performance-led smartphone brand, Reliance Digital strengthens its portfolio by offering customers access to cutting-edge technology brands through its extensive nationwide retail network.

Through engaging in-store experiences, knowledgeable staff, and immersive product demonstrations, Reliance Digital aims to help consumers better understand iQOO’s performance-first DNA. This move further reinforces Reliance Digital’s commitment to staying ahead of evolving consumer preferences and serving as a preferred destination for discovering new-age technology.

With this expansion, Reliance Digital continues to play a key role in shaping India’s consumer electronics landscape by bringing future-ready brands closer to customers, while enabling smartphone brands like iQOO to build stronger connections with a growing, performance-driven audience.

The all new iQOO 15R is now available at Reliance Digital stores nationwide.

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Kotak Alts announces winner of the inaugural Katalyst Awards

Ms Himani Choudhary named Katalyst for the year – India’s Best Financial Content Creator; wins Rs. 25 Lakhs

MUMBAI, India, March 10, 2026 /PRNewswire/ — Kotak Katalyst Awards, a national initiative instituted to recognise excellence and responsibility in financial content creation has announced the winner of its first Katalyst edition. Kotak Alternate Asset Managers Limited (“Kotak Alts”) today announced Himani Choudhary as the winner. The winner was awarded a prize of INR 25 Lakhs, positioning Katalyst among the most meaningful recognitions for financial content creators in India.

Srini Sriniwasan, Managing Director, Kotak Alts, said, “The Kotak Alts Katalyst Awards were instituted to recognize content creators who are contributing meaningfully to financial literacy in India. As investor participation deepens, audiences are seeking clarity, context, and credibility. The response from creators was overwhelming and points to the new generation of financial educators.  As the inaugural winner Ms. Himani Chaudhary, exemplifies the standard of financial communication that Katalyst seeks to encourage.”

The first edition of the Kotak Alts Katalyst Awards received over six hundred entries from across 19 states and in 8 languages, reflecting the growing role of digital creators in shaping financial awareness. Conceived in response to increasing clutter and misinformation in the financial ecosystem, Katalyst is designed to recognize creators who place accuracy, transparency, and investor interest at the core of their work.

The winning content, ‘Personal Finance & Major Finance Updates’ by Himani Choudhary, was recognised for its clarity, originality, and credibility. The jury noted the content’s ability to explain complex financial concepts in a clear and measured manner, supported by strong research and a consistent focus on investor education over virality.

To ensure a robust and transparent evaluation process, the awards framework was designed and audited by EY. The top thirty entries were assessed by an academic jury.

The top 10 finalists were subsequently evaluated by a grand jury comprising Kunal Shah, Founder and CEO of CRED; Radhika Gupta, Managing Director and CEO of Edelweiss Mutual Fund; and Alpesh Shah, Managing Director and Senior Partner at Boston Consulting Group, and chaired by Ananth Narayan, former Whole–Time Member of SEBI with extensive capital markets and regulatory experience.

The Katalyst Awards recognise financial content creators who priorities financial literacy, substance, and long–term investor interest. Through this initiative, Kotak Alts aims to encourage responsible financial communication and support the development of informed and confident investors across India.

About Kotak Alternate Asset Managers Ltd: Kotak Alternate Asset Managers Limited (‘Kotak Alts’), a part of Kotak Mahindra Group (‘Kotak’), focuses on Alternate Asset Management and Investment Advisory businesses. Kotak Alts was set up in early 2005 and has raised, managed, and advised over USD 22 billion across different asset classes, including Private Equity, Real Estate, Infrastructure, Special Situations, Private Credit, and Investment Advisory. The asset management business and investment advisory vertical are managed by independent specialist teams. For more information, visit https://www.kotakalternateasset.com/

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Paperpal for Life Sciences Establishes HIPAA Readiness, Strengthening Enterprise Adoption of AI in Regulated Medical and Scientific Writing Workflows

MUMBAI, India, March 10, 2026 /PRNewswire/ — Paperpal for Life Sciences, an enterprise-grade Artificial Intelligence (AI) platform by Cactus Communications, purpose-built for Medical Affairs and Life Sciences organizations, announced the completion of an assessment evaluating its operational and technical safeguards to support Health Insurance Portability and Accountability Act (HIPAA) requirements. This milestone reinforces Paperpal’s commitment to meeting the rigorous standards of security, data protection, and regulatory readiness required for regulated scientific workflows.

Growing AI use in medical affairs writing and publication workflows is intensifying scrutiny on data privacy, governance, and regulatory accountability. To support these evolving needs, Paperpal for Life Sciences has undertaken an assessment of its systems and processes to evaluate readiness to support HIPAA compliance, where applicable, and now proudly offers the option to execute a Business Associate Agreement (BAA) for Protected Health Information (PHI) and Personally Identifiable Information (PII). This offering gives customers the confidence that PHI or PII, if received, is handled securely and responsibly, in line with regulatory expectations and enterprise risk management practices.

Paperpal for Life Sciences provides AI writing, literature search, source-grounded summarization with citation support, and critical publication checks, powering medical affairs content creation under stringent data privacy and governance controls. The platform accelerates research-to-publication timelines by upto 25%, supporting faster dissemination of clinical evidence and earlier commercialization of new drugs and therapies.

Nishchay Shah, Group CTO and EVP, Products and AI at Cactus Communications, said, “As AI becomes foundational to regulated scientific and medical workflows, compliance and trust are no longer optional. Paperpal for Life Sciences’ HIPAA readiness measures reflect our secure-by-design approach to AI, strong data governance framework, and alignment with real-world enterprise and regulatory requirements. This milestone enables organizations to adopt AI at scale with confidence that their data, processes, and compliance obligations are protected .”

Elvira Dsouza, President, Cactus Life Sciences, added, “Medical Affairs and Life Sciences teams operate in highly regulated environments where scientific rigor, data privacy, and compliance are non-negotiable. HIPAA readiness positions Paperpal for Life Sciences as a trusted AI partner, one that enables organizations to accelerate evidence generation and scientific communication without compromising regulatory integrity .”

With this announcement, Paperpal for Life Sciences reinforces its position as a purpose-built, enterprise-ready AI platform for medical affairs content generation that supports innovation while meeting the highest standards of privacy, ethics, and regulatory compliance.

Media Contact:

Nidhi Amin

nidhi.amin@cactusglobal.com 

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