GTPL Hathway's Consolidated Q4 FY2019 Revenue at ? 3,488 Million, up 21% Y-o-Y

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Commenting on the performance, Anirudhasinhji Jadeja, Managing Director, GTPL Hathway said, "GTPL Hathway turned another year of impressive operating performance. Our FY19 consolidated revenue and EBITDA are up by 16% and 14% respectively. The company has successfully implemented New Tariff Order (NTO) across its subscriber base and has transformed the entire LCO base to auto-dunning. With NTO in place, GTPL will now look at increasing footprints in existing market through expansion and venture into new markets through acquisitions and consolidations."
Q4 FY 2019 Consolidated Financial Performance Highlights (as per IND AS)
Revenue at ? 3,488 million up by 21% y-o-y. CATV subscription revenue at ? 2,083 million, up 35% y-o-y. EBITDA at ? 1,036 million; up 28% y-o-y; EBITDA margin as percentage to revenue at 29.7%. Loss after tax came in at ? 235 million. FY 2019 Consolidated Financial Performance Highlights (as per IND AS)

Revenue at ? 12,892 million up 16% y-o-y. CATV subscription revenue at ? 7,332 million, up 26% y-o-y. EBITDA at ? 3,615 million; up 14% y-o-y; EBITDA margin as percentage to revenue at 28.0%. Profit after tax came in at ? 248 million. Q4 FY19 Standalone Financial Performance Highlights (as per IND AS)

Revenue at ? 2,304 million up by 16% y-o-y. CATV subscription revenue at ? 1,504 million up 43% y-o-y. EBITDA came in at ? 796 million; up 47% y-o-y. Loss after tax came in at ? 182 million. FY19 Standalone Financial Performance Highlights (as per IND AS)

Revenue at ? 8,428 million up by 12% y-o-y. CATV subscription revenue at ? 4,942 million up 23% y-o-y. EBITDA came in at ? 2,479 million. Profit after tax at ? 145 million. Business Performance Highlights
CATV
GTPL successfully implemented NTO (New Tariff Order) and migrated all subscribers to new packages. The company was the first MSO in the industry to offer versatile language-wise regional package, providing true choice to customers. GTPL seeded 800,000 STBs during FY 2019, taking total seeded STBs as on March 31, 2019 to 9.50 million. Digital paying subscribers as on March 31, 2019 stood at 6.8 million, declined by 200,000 due to implementations of NTO and transformation of entire LCO base to auto-dunning model. Phase wise Seeded Boxes as on March 31, 2019 for Phase 1, Phase 2, Phase 3 and Phase 4 were at 0.86 million, 2.21 million, 2.92 million and 3.51 million respectively. Broadband

During Q4, the company added 270,000 Home Pass. Home Pass as on March 31, 2019 stood at 2.42 million. Added 15,000 broadband subscribers (net) during Q4 and 10,000 FTTX subscribers. Net subscribers added during FY19 were 45,000. Total subscribers as on March 31, 2019 were 325,000 of which 54,000 are FTTX subscribers. The Broadband average revenue per user (ARPU) for FY19 was ? 440. About GTPL Hathway Limited