India's GTPL Hathway on track to snap longest winning streak since 2020 after Q4 loss

GTPL Hathway

16/04/2026 08:18

** Shares of GTPL Hathway GTPH.NS fall 5% to 68.22 rupees, retreating from a near-two-month high

** Stock on course to break a nine-day winning streak - its longest since April 2020

** Broadcaster and broadband service provider reports a loss of 150 million rupees ($1.61 million) in Q4, compared with a profit of 106.44 million rupees last year

** Co's revenue from digital cable business - a core sector - fell to 2.85 billion rupees from 2.99 billion rupees last year

** Active cable TV subscribers declines to 9.4 mln from 9.6 mln a year ago

** GTPL's trailing 12-month price-to-earnings ratio at 19.63 vs industry median of 8.81 - LSEG data

** YTD, stock down 31.5%

($1 = 93.3350 Indian rupees)

 (Reporting by Pranav Kashyap in Bengaluru)

 ((pranav.kashyap@tr.com; +919886482111;))