Cable TV subscriber decline
Active cable TV subscribers declined from 8.9M to 8.7M over four quarters, partly due to deliberate slowdown but also competitive pressure.
medium · management_commentaryGTPL Hathway Limited — Q3 FY26
GTPL Hathway reported Q3 FY26 consolidated revenue of ₹938.2 crore, up 5% YoY, with EBITDA margin at 12.7% and net profit of ₹11.1 crore (+9% YoY).
bullish
medium
✓ Verified against BSE filing
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Broadband competition and ARPU sustainability
Analyst questioned sustainability of ARPU at ₹465 in a highly competitive broadband market; management cited customer upgrades but no price increases.
medium · analyst_questionOne-time costs and ROU impact
Employee costs rose due to new wage code (₹22M one-time) and right-of-use asset amortization (₹55M) impacted margins, with benefits from satellite platform yet to flow.
low · management_commentarySlow adoption of GTPL Infinity
If partner and subscriber adoption of the new satellite platform is slower than expected, revenue and cost benefits may be delayed.
medium · data_observation