GTPL Hathway Q3 net profit dips 38% to Rs 24.67 cr, revenue up 24% to Rs 850.8 cr

New Delhi: GTPL Hathway Ltd, provider of cable and internet services, on Thursday reported a decline of 38.04 per cent in consolidated net profit at Rs 24.67 crore for the third quarter ended December 31, 2023. The company had posted a net profit of Rs 39.82 crore in the October-December period a year ago, according to a regulatory filing from GTPL Hathway, a firm owned by Reliance Industries Group.

However, its total revenue was up 24.1 per cent to Rs 850.87 crore in the December quarter. It was at Rs 685.63 crore in the corresponding period a year ago.