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GTPL Hathway slips after Q2 PAT drops almost 5% YoY

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GTPL Hathaway fell 2.47% to Rs. 294 whereas the corporate’s consolidated web revenue fell 4.5% to Rs. 43.08 crore.

On the divisional entrance, cable TV enterprise income was Rs 471.87 crore (9.7% YoY above), income from Web providers was Rs 100.60 crore (49.9% YoY above) and EPC tasks was Rs 23.46 crore (70% YoY under). Interval underneath evaluate.

Revenue earlier than tax in FY Q2 was Rs. 66.21 crore, up from Rs. 69.57 crore to Rs. 66.21 crore.

Anirudh Singh Jadeja, managing director, GTPL Hathaway, stated the corporate has added 100,000 web broadband subscribers to the H1 FY22. As of September 30, 2021, the stability sheet stays sturdy because of the spectacular ROCE and ROE of 33% and 20%, respectively, because of the ‘web debt free’ standing.

GTPL Hathaway supplies digital cable TV, analog cable and broadband web providers in Gujarat, West Bengal and Maharashtra.

Run by Capital market – stay information

(This story has not been edited by Enterprise Normal employees and is self-generated from a syndicated feed.)

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