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EBITDA dropped 12.6% to ₹105.3 crore in the third quarter of this fiscal over ₹120.5 crore in the year-ago period. Shares of GTPL Hathway Ltd ended at ₹148.25, up by ₹12.20, or 8.97%, on the BSE.
Digital cable TV and broadband service provider GTPL Hathway Ltd on Thursday (January 8) reported a 57.2% year-on-year (YoY) decline in net profit at ₹10.1 crore for the third quarter that ended December 31, 2024.
In the corresponding quarter of the previous fiscal, GTPL Hathway posted a net profit of ₹23.6 crore, the company said in a regulatory filing. The company's revenue from operations increased 4.3% to ₹887.2 crore against ₹850.8 crore in the corresponding period of the preceding fiscal.
#3QWithCNBCTV18 | GTPL Hathway Reports #Q3 earnings
Net Profit Down 57.2% At ₹10.1 Cr Vs ₹23.6 Cr (YoY)
Revenue Up 4.3% At ₹887.2 Cr Vs ₹850.8 Cr (YoY)
EBITDA Down 12.6% At ₹105.3 Cr Vs ₹120.5 Cr (YoY)
Margin At 11.9% Vs 14.2% (YoY) pic.twitter.com/cQ3CBK2K3k
— CNBC-TV18 (@CNBCTV18Live) January 9, 2025
At the operating level, EBITDA dropped 12.6% to ₹105.3 crore in the third quarter of this fiscal over ₹120.5 crore in the year-ago period.
Also Read: GTPL Hathway Q2 Results | Net profit plunges 63% to ₹13 crore, revenue up 10%
The EBITDA margin stood at 11.9% in the reporting quarter against 14.2% in the corresponding period of the previous fiscal. EBITDA is earnings before interest, tax, depreciation, and amortisation.
The results came after the close of the market hours. Shares of GTPL Hathway Ltd ended at ₹148.25, up by ₹12.20, or 8.97%, on the BSE.
(Edited by : Shoma Bhattacharjee)
