The result was announced after market hours yesterday, 9 January 2020.
On consolidated basis, the company reported a 78.2% jump in net profit to Rs 33.06 crore on a 114.3% jump in net sales to Rs 673.97 crore in Q3 December 2019 over Q3 December 2018.
The company’s EBITDA for Q3 December 2019 stood at Rs 135.2 crore, up 62% YoY.
GTPL Hathway added 2,40,000 new home pass; added 20,000 net broadband subscribers and 10,000 FTTX subscribers during Q3 FY20. The consumption per customer stood at 126 GB/month as on December 2019; up from 95 GB/month in December 2018.
The stock has surged 36.21% in last one month as compared to a 2.49% rise in BSE Telecom index.
GTPL Hathway Limited is one of India’s leading Digital Cable TV and Broadband service provider.