GTPL Hathway Ltd

Harrisons Malayalam Ltd, Pritish Nandy Communications Ltd, Universal Autofoundry Ltd and Kovai Medical Center & Hospital Ltd are among the other losers in the BSE's 'B' group today, 10 January 2025.GTPL Hathway Ltd tumbled 10.74% to Rs 131.35 at 14:31 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 36051 shares were traded on the counter so far as against the average daily volumes of 5801 shares in the past one month.Harrisons Malayalam Ltd crashed 9.82% to Rs 282.4. The stock was the second biggest loser in 'B' group.On the BSE, 2385 shares were traded on the counter so far as against the average daily volumes of 5754 shares in the past one month.Pritish Nandy Communications Ltd lost 9.10% to Rs 45.45. The stock was the third biggest loser in 'B' group.On the BSE, 37783 shares were traded on the counter so far as against the average daily volumes of 7392 shares in the past one month.Universal Autofoundry Ltd slipped 8.70% to Rs 85.6. The stock was the fourth biggest loser in 'B' group.On the BSE, 64715 shares were traded on the counter so far as against the average daily volumes of 1.3 lakh shares in the past one month.Kovai Medical Center & Hospital Ltd plummeted 8.45% to Rs 5599.95. The stock was the fifth biggest loser in 'B' group.On the BSE, 27523 shares were traded on the counter so far as against the average daily volumes of 6387 shares in the past one month.Powered by Capital Market - Live

The key equity benchmarks traded with modest losses in the morning trade. The Nifty traded below the 23,450 mark. IT shares advanced after declining in the previous trading session. At 10:30 IST, the barometer index, the S&P BSE Sensex, declined 275.21 points or 0.35% to 77,355.89. The Nifty 50 index fell 107.35 points or 0.46% to 23,419.35. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index fell 1.49% and the S&P BSE Small-Cap index slipped 1.98%. The market breadth was weak. On the BSE, 608 shares rose and 2,987 shares fell. A total of 134 shares were unchanged. Result Today: CESC (down 2.3%), Equinox India (down 1.26%), PCBL (down 2.40%), GNA Axles (down 3.03%), Just Dial (down 2.69%), Shah Metacorp (down 3.19%) and Swati Projects (down 5%) will announce their quarterly earnings later today. Buzzing Index: The Nifty IT index rallied 2.16% to 44,055.90. The index rose 0.97% in the previous trading session. Tata Consultancy Services (up 3.75%), LTIMindtree (up 2.07%), Tech Mahindra (up 2.02%), Wipro (up 1.23%), Infosys (up 1.06%), Mphasis (up 0.76%), Persistent Systems (up 0.59%), HCL Technologies (up 0.32%) and Coforge (up 0.04%) advanced. On the other hand, L&T Technology Services (down 0.86%) edged lower. Tata Consultancy Services (TCS) rallied 4.95% after the company reported a 3.95% increase in consolidated net profit to Rs 12,380 crore in Q3 FY25 as compared with Rs 11,909 crore in Q2 FY25. Stocks in Spotlight: GTPL Hathway tumbled 8.32% after the company's consolidated net profit slipped 57.03% to Rs 10.17 crore in Q3 FY25 as compared with Rs 23.67 crore in Q3 FY24. Indian Renewable Energy Development Agency (IREDA) declined 2.69%. The company's standalone net profit jumped 27% to Rs 425 crore on a 36% increase in revenue from operations to Rs 1,698 crore in Q3 FY25 over Q3 FY24. Tata Elxsi tumbled 6.76% after the design-led technology service provider reported a 3.59% decline in net profit to Rs 199 crore on a 2.72% increase in revenue from operations to Rs 939.17 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live

Revenue from operations increased 4.27% to Rs 887.27 crore in Q3 FY25 as compared with Rs 850.87 crore posted in the corresponding quarter last year. On QoQ basis, the company's net profit declined 20.42% while revenue increased 3.70% from Q2 FY25. EBITDA stood at Rs 113.80 crore in Q3 FY25, registering de-growth of 12.76% from Rs 130.50 crore in Q3 FY24. EBITDA margin contracted to 12.7% as against 15.2% in Q3 FY24. Digital cable TV revenue declined 6.92% to Rs 302.40 crore in the quarter ended 31 December 2024 as compared with Rs 324.90 crore in the quarter ended 31 December 2023. Active subscribers were 9.60 million as of 31st December 2024, up by 2,00,000 YoY. Broadband revenue increased 2.29% YoY to Rs 138.30 crore in Q3 FY25. The broadband average revenue per user (ARPU) stood at Rs 465 per month per subscriber for the qaurter. Broadband subscribers increased by 37,000 YoY, thus standing at 10,42,000. Anirudhsinh Jadeja, MD, GTPL Hathway, said, GTPL continues to consistently grow subscriber base across both business divisions, reflecting our commitment to provide best-in-class and innovative products and services to our customers. Our focus on providing a holistic experience for our subscribers has enabled us to maintain our position as the largest MSO in the country. We are confident of our growth in upcoming quarters in both the business segments based on favorable industry dynamics towards continued consolidation.' GTPL Hathway is a multi-system operator (MSO), providing digital cable TV services. The company is the sixth largest private wireline broadband service provider in India.Powered by Capital Market - Live

Net profit of GTPL Hathway declined 57.05% to Rs 10.17 crore in the quarter ended December 2024 as against Rs 23.68 crore during the previous quarter ended December 2023. Sales rose 4.28% to Rs 887.27 crore in the quarter ended December 2024 as against Rs 850.88 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales887.27850.88 4 OPM %11.8814.19 - PBDT106.04124.37 -15 PBT13.2933.50 -60 NP10.1723.68 -57 Powered by Capital Market - Live

GTPL Hathway will hold a meeting of the Board of Directors of the Company on 9 January 2025.Powered by Capital Market - Live

The equity indices traded with moderate gains in early trade. The Nifty traded above the 25,000 level. Barring the Nifty pharma index, all the other sectoral indices on the NSE were traded in green. At 09:28 IST, the barometer index, the S&P BSE Sensex rose 204.47 points or 0.25% to 81,655.96. The Nifty 50 index added 64.05 points or 0.26% to 25,046. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index gained 0.41% and the S&P BSE Small-Cap index rose 0.73%. The market breadth was strong. On the BSE, 2,112 shares rose and 686 shares fell. A total of 130 shares were unchanged. Foreign portfolio investors (FPIs) sold shares worth Rs 4,562.71 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 3,508.61 crore in the Indian equity market on 9 October 2024, provisional data showed. Ratan Tata, the Chairman Emeritus of Tata Sons and a recipient of India's second-highest civilian honor, the Padma Vibhushan, passed away on Wednesday at Mumbai's Breach Candy Hospital. He was 86 years old. Tata had been in critical condition and under intensive care. On Monday, he had disclosed that he was undergoing routine medical examinations due to his age and associated health conditions. Stocks in Spotlight: GTPL Hathway slipped 2.51% after the company's consolidated net profit declined 61.69% to Rs 13.74 crore in Q2 FY25 as compared with Rs 35.87 crore in Q2 FY24. Revenue increased 9.8% YoY to Rs 855.56 crore in Q2 FY25. Western Carriers (India) shed 0.33%. The company reported 8.24% increase in consolidated net profit to Rs 18.9 crore in Q2 FY25 as compared with Rs 17.46 crore in Q2 FY24. Revenue rose 5.26% to Rs 422.71 crore during the quarter. Sonata Software added 0.77%. The company has partnered with with iNube to provide a digital insurance platform. Numbers to Track: The yield on India's 10-year benchmark federal paper shed 0.08% to 6.875 as compared with previous close 6.881. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 83.9550, compared with its close of 83.9650 during the previous trading session. MCX Gold futures for 4 December 2024 settlement rose 0.09% to Rs 74,999. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.06% to 102.86. The United States 10-year bond yield gained 0.12% to 4.074. In the commodities market, Brent crude for December 2024 settlement gained 60 cents or 0.78% to $77.18 a barrel. Global Markets: Asian stocks climbed on Thursday, buoyed by Wall Street's gains and anticipation for Beijing's additional fiscal stimulus measures. The region's markets were positively influenced by the Dow Jones Industrial Average hitting a new record closing high after the Federal Reserve's September meeting minutes indicated a preference for a 50-basis-point interest rate cut. However, the minutes also clarified that the Fed has not committed to a specific pace of rate reductions. In the U.S., the S&P 500 rose 0.7% on Wednesday, while the Dow Jones Industrial Average surged 1% to a record closing high of 42,512.0. The NASDAQ Composite gained 0.6%. Investors are now closely watching the third-quarter earnings season, with several major banks scheduled to report on Friday. Additionally, concerns about potential damage from Hurricane Milton are being monitored. The key focus has shifted to the consumer price index data due on Thursday, which will provide valuable insights into inflation trends and their implications for interest rates. Persistent inflation could limit the Fed's ability to rapidly cut rates.Powered by Capital Market - Live

Net profit of GTPL Hathway declined 62.65% to Rs 12.78 crore in the quarter ended September 2024 as against Rs 34.22 crore during the previous quarter ended September 2023. Sales rose 9.80% to Rs 855.56 crore in the quarter ended September 2024 as against Rs 779.20 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales855.56779.20 10 OPM %12.5515.93 - PBDT108.46129.95 -17 PBT17.9947.91 -62 NP12.7834.22 -63 Powered by Capital Market - Live

GTPL Hathway will hold a meeting of the Board of Directors of the Company on 9 October 2024.Powered by Capital Market - Live

GTPL Hathway announced launch of its customer application, 'GTPL Buzz'. Customers will be able to use GTPL Buzz to experience new offerings from GTPL including 'TV Everywhere' 'Cloud Gaming' and 'Distro TV' services while being able to access and manage their GTPL accounts. Additional services are planned to be made available within the app in the near future. GTPL Buzz is available for all customers on the Android Play store as well as on iOS (Apple Store) and enables customers to explore all services offered by GTPL while also allowing customers to buy, request or modify existing services or adding new services. In line with the revamp of App, GTPL's website (www.gtpl.net) has also been upgraded and revamped with a version which is modern, minimalistic, uncluttered and user friendly. The TV Everywhere and Distro TV services will be available to the entire customer base of GTPL (~12 million Digital Cable TV homes & 1 million Broadband homes) soon, a massive value addition to the existing subscribed GTPL services, at no additional cost. GTPL's Chatbot GIVA, recently upgraded and launched on WhatsApp is now available within GTPL Buzz as well as on the revamped Website and is planned to be available soon on the GTPL Facebook handle. The enhanced GIVA, developed by Yellow.ai, a global leader in Conversational AI, offers a one-stop solution for all GTPL services with the implementation of an NLP-trained multimodal AI chatbot, enabling seamless self-service, sales, and support.Powered by Capital Market - Live

GTPL Hathway announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live