GTPL Hathway reported a 27% decline in net profit, reaching Rs 10.5 crore for the quarter ended June, while revenue increased by 7% to Rs 909.1 crore. The cable TV business saw a slight revenue dip, but the subscriber base remained stable at 9.6 million. Broadband ARPU rose, and data consumption surged, with network expansion continuing.
QSR chains face margin pressure, not demand shock: Karan Taurani on fuel and LPG impact
Rising fuel and LPG prices are impacting India’s consumption landscape unevenly. While some sectors like QSR face margin compression due to high LPG dependence, others