GTPL's operating profit is wiped out by depreciation and interest
The consolidated company reported a Rs -3.55 cr net loss despite Rs 106.91 cr of operating profit; the results were filed after market close.
Filed 13 Oct 2026, 19:40 IST · after market close · GTPL Hathway Ltd (GTPL)
Key takeaways
- Consolidated operating profit of Rs 106.91 cr was outweighed by Rs 101.93 cr depreciation and Rs 12.29 cr interest, leaving a pre-tax loss of Rs -3.84 cr.
- Net loss was Rs -3.55 cr, with the Rs -0.29 cr tax line providing a small credit rather than masking an operating decline.
- The company's presentation says GTPL launched its GTPL Infinity HITS platform on 30 November 2025 and offers the GTPL Genie Digital TV-OTT bundle.
Price around the results
Depreciation and interest pushed GTPL into a loss
GTPL reported consolidated operating profit of Rs 106.91 cr, but depreciation of Rs 101.93 cr and interest of Rs 12.29 cr more than absorbed it. That left profit before tax at Rs -3.84 cr and net profit at Rs -3.55 cr, with EPS of Rs -0.08. The 9.35% operating margin therefore did not translate into a profit at the net level.
Other income did not change the result
Other income of Rs 3.48 cr was too small to offset the impact of depreciation and interest on the consolidated result. The Rs -0.29 cr tax line was a credit, reducing the reported loss slightly rather than indicating that a lower tax rate had supported profit.
Infinity and Genie broaden the service offer
The company's presentation says GTPL launched its GTPL Infinity Headend in the Sky platform on 30 November 2025. It also describes GTPL Genie as a combined Digital TV and OTT bundle. These initiatives add new platform and bundling elements to the business alongside the quarter's operating result.
Results were filed after market close
GTPL filed the consolidated results on 13 October 2026 at 19:40 IST, after market close. No post-results stock reaction is covered here because the filing was made after the session.
Q2FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 |
|---|---|
| Revenue | ₹1,143 cr |
| Other income | ₹3 cr |
| Expenses | ₹1,036 cr |
| Operating profit | ₹107 cr |
| Operating margin (%) | 9.35% |
| Interest | ₹12 cr |
| Depreciation | ₹102 cr |
| Profit before tax | ₹-4 cr |
| Tax | ₹-0 cr |
| Net profit | ₹-4 cr |
| EPS (₹) | ₹-0.08 |
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
Expansion
- GTPL launched its HITS platform, GTPL Infinity, on 30 November 2025.
New products
- GTPL offers the GTPL Genie Digital TV and OTT bundle.
New initiatives
- GTPL Genie combines Digital TV and OTT services in one bundle.
What to watch
- Whether operating profit continues to cover depreciation of Rs 101.93 cr and interest of Rs 12.29 cr.
- Whether operating margin holds above 9.35%.
- Updates on GTPL Infinity, launched on 30 November 2025, and the GTPL Genie Digital TV-OTT bundle.