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Hathway Cable & Datacom Ltd Q2FY24; 33% fall in Profits

Hathway Cable & Datacom is engaged in distribution of internet services through cable and has strategic stake in entities engaged in Cable Television business.(Source : 202003-01 Annual Report Page No:103)

Financial Results:

  • Hathway Cable & Datacom Ltd reported Revenues for Q2FY24 of ₹484.00 Crores up from ₹473.00 Crore year on year, a rise of 2.33%.
  • Total Expenses for Q2FY24 of ₹494.00 Crores up from ₹480.00 Crores year on year, a rise of 2.92%.
  • Consolidated Net Profit of ₹20.00 Crores down 33.33% from ₹30.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.11, down 35.29% from ₹0.17 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Internet
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