GTPL Hathway Q3 FY26 Results: Net Profit Declines to ₹9.06 Crore
GTPL Hathway reported standalone net profit of ₹0.91 crore for Q3 FY26, down from ₹10.66 crore in Q3 FY25. Consolidated net profit was ₹11.56 crore, down from ₹9.63 crore in Q3 FY25. The company is contesting a ₹975.41 crore demand from DoT as a contingent liability.
The significant drop in net profit and the ongoing litigation with DoT for a substantial amount could impact the company's financial stability and investor confidence.
The net profit for the quarter has significantly declined compared to the same period last year, indicating a negative financial performance.
GTPL Hathway Limited announced its standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results during a meeting held today, January 12, 2026, which commenced at 4:15 p.m. and concluded at 5:18 p.m.
On a standalone basis, for the quarter ended December 31, 2025, the company reported a total income of ₹6,147.53 million (₹614.75 crore) and total expenses of ₹6,135.29 million (₹613.53 crore). This resulted in a profit before tax of ₹12.24 million (₹1.22 crore) and a net profit after tax of ₹9.06 million (₹0.91 crore). For the nine months ended December 31, 2025, standalone total income stood at ₹18,540.00 million (₹1,854.00 crore) with a net profit after tax of ₹117.80 million (₹11.78 crore).
Consolidated figures for the quarter ended December 31, 2025, show a total income of ₹9,381.63 million (₹938.16 crore) and total expenses of ₹9,231.82 million (₹923.18 crore). The profit before tax was ₹152.41 million (₹15.24 crore), leading to a net profit after tax of ₹115.59 million (₹11.56 crore). For the nine months ended December 31, 2025, consolidated total income was ₹28,122.20 million (₹2,812.22 crore) with a net profit after tax of ₹262.79 million (₹26.28 crore).
The company also provided details regarding a demand from the Department of Telecommunications (DoT) for license fees amounting to ₹9,754.15 million (₹975.41 crore). GTPL Hathway Limited, along with its subsidiaries GTPL Broadband Private Limited and GTPL KCBPL Broadband Private Limited, is contesting these demands based on legal assessments and expert opinions, considering them contingent liabilities. The financial results have been prepared in accordance with Indian Accounting Standards and have undergone a limited review by the statutory auditors, Deloitte Haskins & Sells.
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See the model portfoliosA plain-language summary of a public exchange filing by GTPL Hathway Limited. Read the original for the full detail.