GTPL Hathway Limited has informed the Exchange that Board of Directors at its meeting held on April 15, 2026, recommended Final Dividend of Rs. 2.00 per equity share.
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GTPL Hathway's board, at its meeting on April 15, 2026, approved audited standalone and consolidated results for Q4 and FY ended March 31, 2026, with auditor Deloitte Haskins & Sells issuing an unmodified opinion. The board recommended a Final Dividend of Rs. 2.00 per equity share (face value Rs. 10), subject to shareholder approval. Standalone revenue rose to Rs. 24,507.81 million (up ~12% YoY from Rs. 21,933.81 million), but net profit fell sharply to Rs. 58.82 million from Rs. 478.03 million, with EPS at Rs. 0.52 vs Rs. 4.25. Q4 FY26 standalone posted a net loss of Rs. 58.98 million versus a profit of Rs. 81.50 million a year ago. The company also recognized Rs. 56.89 million as exceptional impairment in certain subsidiaries and flagged a DoT contingent liability of Rs. 9,754.15 million, plus Rs. 3,657.24 million for subsidiary GTPL Broadband. Independent Director Mr. Rajendra Hingwala was re-appointed for a second 3-year term.
The Rs. 2 dividend offers modest income to shareholders despite a sharp ~88% profit decline and quarterly loss. Large contingent liabilities from DoT disputes, forex losses, and weak profitability may pressure the stock in the short term, though the dividend signals some confidence in returning cash to investors.