GTPL Hathway - Robust Q4 Performance: ICICI Direct
Employees work in a control room (Photographer: Charles Mostoller/Bloomberg)

GTPL Hathway - Robust Q4 Performance: ICICI Direct

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

GTPL Hathway Ltd. reported a robust operating performance in Q4 FY21. Revenues at Rs 748.7 crore were down 14.2% year-on-year.

However, excluding engineering procurement and construction, revenues were at Rs 560.1 crore, up 18.2% YoY, led by growth in broadband and placement income.

Subscription and broadband revenues were at Rs 266.5 crore and Rs 81.7 crore, respectively.

Reported Ebitda increased 2.4% YoY to Rs 116.4 crore. Ebitda margins at 15.5% were down 180 basis points YoY post increase in operating expenses.

Subsequently, profit after tax was at Rs 56.9 crore against net loss of Rs 13.6 crore in Q4 FY20.

Click on the attachment to read the full report:

ICICI Direct GTPL Hathway Company Update.pdf

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