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GTPL Hathway Delivers Strong Growth in FY22; Closes Year on a Strong Footing




– FY22 Revenue growth (Ex. EPC) of 12% YoY at ₹ 24,154 million

– FY22 Broadband Revenue growth of 46% YoY at ₹ 4,075 million

– FY22 EBITDA growth (Ex. EPC) of 4% YoY at ₹ 5,677 million, EBITDA margin at 24%

– FY22 PAT grew 6% YoY at ₹ 2,006 million

– Added 181K Net Broadband Subscribers in FY22

– Cable TV Active Subscriber base grew by 400K in FY22

– Launched GTPL Genie: An Android TV based, Hybrid Set Top Box with attractive subscription bundles
AHMEDABAD, India, April 10, 2022 /PRNewswire/ — GTPL Hathway Limited, India’s leading Digital Cable TV and Broadband Service provider, announced its Financial Results for the Quarter and Year ended on March 31, 2022.

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Key Consolidated Performance Highlights: FY22





Revenue (Ex. EPC)


(Ex. EPC)

After Tax

₹ 24,154 million

₹ 4,075 million

₹ 5,677 million

₹ 2,006 million





Cable TV


Active Subscribers

Active Subscribers

8.40 million




Particulars (₹ million)

Q4 FY22

Q4 FY21





Digital Cable TV Revenue







Broadband Revenue







Total Revenue














Profit After Tax







(All figures are Ex. EPC Business)

EPC Contract revenue, EBITDA and PBT:

FY22: ₹ 413 million, ₹ 24 million and ₹ 24 million respectively

Key Standalone Financial Highlights: FY22

Revenue at ₹ 15,677 million
Revenue (Ex. EPC) at ₹ 15,264 million, up 7% YoY
Cable TV subscription revenue at ₹ 7,488 million
EBITDA at ₹ 3,292 million; EBITDA (Ex. EPC) at ₹ 3,268 million; EBITDA margin (ex. EPC) at 21.4%
Profit after tax stood at ₹ 380 million; up 4% YoY

Business Performance Highlights

Digital Cable TV

Launched GTPL Genie which offers live TV channels bundled with OTT Applications on Android TV based Hybrid Set Top Box, starting at an effective rate of ₹ 459 per month
Paying subscribers as on March 31, 2022, stood at 7.80 million
GTPL continues to widen its footprint in its existing markets and penetrating new markets through both organic and inorganic route
Expanded operations in 5 additional States during FY22


In FY22, the company added 830K Home-pass. Home-pass as on March 31, 2022, stood at 4.70 million
Added 181K net broadband subscribers in FY22. Total subscribers as on March 31, 2022, were 816K, of which 360K are FTTX subscribers
Average revenue per user (ARPU) for Q4 FY22 stood at ₹ 450

Commenting on the results, Mr Anirudhsinh Jadeja, Managing Director, GTPL Hathway Ltd., said, “We are proud to announce another year of consistent performance across all business segments. GTPL is the now the largest MSO in the country, continues to be the largest MSO and Broadband player in Gujarat and has significant presence in all other markets.

“We continued to deliver on our KPIs and grew by expanding in new geographies as well as penetrating deeper in existing markets. The key highlights of FY22 are stable subscription revenues, profitability and return ratios with a healthy balance sheet. The Company’s Board has recommended a dividend of ₹ 4 per share for FY22.

“The launch of GTPL Genie is a path breaking initiative bringing subscription of bundled Live TV and OTT applications at competitive prices to our consumers.

“We are committed to delivering value to all our stakeholders with adept and prudent financial practices.”

About GTPL Hathway Limited:

GTPL Hathway Limited is India’s largest MSO providing Digital Cable TV services and is the 6th largest Private Wireline Broadband service provider in India. The Company is the largest Digital Cable TV and Wireline Broadband Service Provider in Gujarat & is a leading Digital Cable TV Service provider in West Bengal. The Company’s Digital Cable Television services reach 1,200 plus towns across India in 19 states including Gujarat, West Bengal, Maharashtra, Goa, Bihar, Uttar Pradesh, Madhya Pradesh, Jharkhand, Rajasthan, Odisha, Assam, Tripura, Meghalaya, Manipur, Nagaland, Telangana, Andhra Pradesh, Tamil Nadu and Karnataka. As on March 31, 2022, the Company has approximately 8.40 million Active Digital Cable TV Subscribers and 8,16,000 Broadband Subscribers and a Broadband home-pass of about 4.70 million.

Safe Harbor Statement

Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company’s operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labour relations, exchange rate fluctuations, technological changes, investment and business income, cash flow projections, interest, and other costs. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

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Contact Details:

GTPL Hathway Ltd CIN: L64204GJ2006PLC048908 Mr. Piyush PankajBusiness Head – Cable TV & Chief Strategy Officer [email protected] +91 98113 21102

Investor Relations: Orient Capital Mr. Bhavin Soni, [email protected], +91 98335 37225 Mr. Nachiket Kale, [email protected], +91 99209 40808

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FairPlay Group Emerges As Market Leader in India’s Multi-Faceted Online Sports Platform





Mumbai, Maharashtra, India:

 FairPlay Group, the world’s largest sports exchange, has emerged as the market leader in providing multi-faceted online gaming experiences and updates.


In a country that is fixated with all things sports, particularly cricket, FairPlay Group has successfully become a household name with its multitude of offerings.


The first and most widely visited platform – FairPlay Club offers sports enthusiasts from all around the world the chance to not only enjoy the live streaming of matches but also to make a hefty profit by wagering on the matches alongside. Cricketer Sunil Narine has been the face of the venture.


FairPlay Club, with an active user base of a staggering 2,00,000 is best known for offering the most profitable odds, thus ensuring the heftiest profits a user can make across any competing platform.


With over 30 premium sports, live cards and casino games with real dealers, FairPlay Club members are truly spoilt for choice.


On the other hand, FairPlay News ( has backed many teams across various leagues while bringing to enthusiasts the latest sports news, updates and exclusive player bytes.The latest feather in their cap is the recently launched FairPlay Fantasy ( – a one of a kind fantasy platform where the user can predict the results of an ongoing match. Bollywood celebrities Varun Dhawan and Shraddha Kapoor have endorsed this offering from the FairPlay Group.


Fantasy is a sports enthusiast’s paradise where they can explore all the exciting permutations and combinations of individual skills and knowledge.

“Designed and curated by industry veterans,” a FairPlay Group spokesperson said, “The aim was to create an all-inclusive platform where a sports enthusiast can find everything they could imagine under one umbrella.”

The easy-to-use interface of FairPlay Club ( has helped to gain more traction from the users. It also has tutorial videos and elaborate rules and regulations for a debutante.


Offering a hefty 200% first deposit bonus and a range of other promotional bonuses such as the 15% weekly loss back through the IPL 2022, it has locked in the loyalty of its Club members with maximum effect.

FairPlay Group has truly risen to its aim of India’s first and only one-stop destination for all sports enterprises. All the sporting news and updates available on FairPlay News can be accessed on @FairPlay_News, for the exciting offers from FairPlay Club, one can follow @FairPlay_India and for fantasy gaming, enthusiasts can keep a tab on social media’s @FairPlay.Fantasy handle.

About Fairplay Group


FairPlay is India’s most trusted leading betting exchange and a one-stop-shop for all sports betting and leisure gambling needs. The platform provides a wide range of live casino games dealt with by real dealers instead of bots. Under its sports betting umbrella, FairPlay provides Cricket, Tennis, Football and over 30 other premium sports. The users can also enjoy live streaming of matches alongside live scorecards while placing their bets. All safety measures are taken concerning customer data and their transactions and no data are ever shared with a third party by FairPlay.

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CATL’s All-scenario Energy Storage Solutions Shine at Ees Europe 2022




MUNICH, May 14, 2022 /PRNewswire/ — Contemporary Amperex Technology Co., Limited (CATL), a global leader of new energy innovative technologies, is in the spotlight with its award-winning all-scenario energy storage solutions at the ees Europe 2022, the largest and most international exhibition for batteries and energy storage systems in Europe, which was held from May 11-13 at Messe München, Munich.

CATL’s cutting-edge products demonstrated at the exhibition cover application scenarios of power generation, power transmission and distribution, and power consumption. EnerOne, the modular outdoor liquid cooling BESS, won this year’s ees AWARD on May 10. Equipped with 280 Ah LFP cells, the flagship product boasts a cycle life of up to 10,000 cycles, featuring long service life, high integration, and high degree of safety. Temperature difference among cells can be controlled within 3 degrees Celsius, a great improvement over industry average of 5 to 8 degrees Celsius. It has a floor space of just 1.69 square meters, 35% less than traditional air cooling products, and is suitable for inverters with operating voltages ranging from 600 to 1,500 volts. Meanwhile, the modular design enables it to adapt to a variety of application scenarios.

To meet the market demand for all-weather energy storage applications, such as extreme temperatures, high humidity, desert, ocean, among others, CATL has developed the innovative EnerC, a containerized liquid-cooling battery system. With IP55 and C5 anti-corrosion protection, EnerC is able to meet the requirements of various harsh climatic conditions, ensuring the safe and reliable operation of the whole system for 20 years. Empowered by the industry-leading highly-integrated liquid cooling design, its energy density can reach 259.7 kWh per square meter, almost a 200% increase over traditional air cooling systems.

At the power consumption side, EnerU, CATL’s blockbuster for the UPS application, offers a trailblazing solution for the replacement of lead-acid backup batteries with more environment friendly lithium-ion ones. By overcoming the high impedance of LFP materials, EnerU’s 6 C solution achieves high power performance and high degree of safety at the same time. In addition to safety at cell level, EneU further guarantees its safety at system level through mechanical methods and thermal insulation materials. For single cell thermal runaway situation, there is no thermal propagation to adjacent cells.

At ees Europe 2022, CATL also displayed 48100 battery module for base stations, which features small size and light weight. Supported by substantially safe LFP cells and the 3U modular design, the product has greatly improved space utilization and service life. The 48100 base station can house up to 16 battery packs, and the number of packs can be flexibly adjusted to meet the requirements of different system backup time, which makes it compatible with multiple application scenarios.

Aside from showcasing its latest battery products and technologies at its booth B1.440, CATL also shared insights and innovative ideas on the future of energy storage with industry peers at the Intersolar Forum.

The year 2021 sees the leapfrogging development of CATL’s energy storage business as it ranked first in the market share of global energy storage battery production for the first time. CATL has forged partnership with top-tier Chinese energy enterprises including China National Energy, SPIC, China Huadian Corporation, China Three Gorges Group, China Energy Engineering Corporation as well as key international players in the industry such as NextEra, Fluence, Wartsila, Tesla, Powin, Schneider Electric and Eaton, applying its advanced energy storage solutions in major markets including China, the United States, the United Kingdom, Germany, Australia, etc. In the future, CATL will join forces with more partners to promote energy transition and contribute to global efforts for carbon neutrality.







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Realty Diva Xenia Karamanou Cheers Greece Investment Citizenship and the Golden Visa Scheme




Many investors from different countries are choosing Greece among their favorite European countries in order to acquire a new home via “Greece Investment Citizenship”. Moreover, buyers coming from China, Germany, the USA, and middle-eastern countries especially Lebanon and the UAE have more potential interest in acquiring a new home in the Hellenic Republic. Greece Golden Visa is also an extension to the Greece Investment Citizenship program in the country.

Xenia Karamanou, one of the biggest Real Estate brokers and a prominent face because of her big associations and the deals, has already established a reputable name in the region. Xenia ascertains her work by recasting this competitive industry with her glossy appearance and outstanding personality, Which can be seen on her Instagram page where she has thousands of followers.

According to her, the Hellenic Republic is also known for its Golden Visa scheme, which attracts a large number of people, and one can grab this expression with the residence opportunity by just investing 250,000 euros.

“Investor interest from countries, such as the United Arab Emirates, Netherlands, Germany, and Belgium, remains strong, focusing on Villas in Myconos and Athens.”

– Xenia Karamanou.

“We expect prices to advance by about 10 percent in Q1 2023 despite the uncertain conditions,” Xenia noted.

Greece Investment Citizenship

Greece became the second home investment epicenter for European buyers, according to relevant data. Besides real estate investments, many people are also interested in visiting Greece for tourism purposes. In this index, Greece was ranked in the sixth position. Greece is also considered among the most friendly countries in Europe.

The main concern for the real estate market is the energy costs that may force some to either slow down or postpone investing.

Also Read: Greece opens “closed” camp for asylum seekers on Samos island

The new challenges in the real estate market, such as those formed after the war in Ukraine, the increase in energy costs, and the wider inflationary pressures, are at the base of assessments made by experts in the field, regarding the practice of the market.

The country’s infrastructure significantly improves accessibility, in a market where prices are rising but remain low compared to other European countries. Investors have given a vote of confidence to Greek properties, which now compete with homes in countries such as Spain and Italy.

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