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Hathway Cable & Datacom tumbles after poor Q2 performance

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Hathway Cable & Datacom fell 4.62% to Rs 33 at 9:56 on after the company reported net loss of Rs 40.44 crore in Q2 September 2016 as against net loss of Rs 31.99 crore in Q2 September 2015.

The result was announced after market hours on Friday, 25 November 2016.

Meanwhile, the Sensex was down 64.25 points, or 0.24%, to 26,252.09.

On BSE, so far 26,000 shares were traded in the counter, compared with average daily volume of 69,878 shares in the past one quarter. The stock hit a high of Rs 33.50 and a low of Rs 32.25 so far during the day. The stock hit a 52-week high of Rs 48 on 4 December 2015. The stock hit a 52-week low of Rs 24 on 30 September 2016. The stock had outperformed the market over the past 30 days till 25 November 2016, rising 11.61% compared with the 5.73% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 16.11% as against Sensex's 5.28% decline.

The small-cap company has equity capital of Rs 166.10 crore. Face value per share is Rs 2.

Hathway Cable & Datacom's net sales rose 18.59% to Rs 318.84 crore in Q2 September 2016 over Q2 September 2015.

EBITDA (earnings before interest, taxes, depreciation and amortization) rose 12% to Rs 54.90 crore in Q2 September 2016 over Q2 September 2015. EBITDA margin stood at 17% in Q2 September 2016 compared with 18% in Q2 September 2015.

The company's revenue from the broadband business rose 67% to Rs 120.30 crore in Q2 September 2016 over in Q2 September 2015.

The company's net debt stood at Rs 1636 crore in Q2 September 2016 compared with net debt of Rs 1564.80 crore Q1 June 2016.

Hathway Cable & Datacom offers cable television services across 140 cities and towns and high-speed cable broadband services across 21 cities.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Hathway Cable & Datacom tumbles after poor Q2 performance

Hathway Cable & Datacom fell 4.62% to Rs 33 at 9:56 IST on BSE after the company reported net loss of Rs 40.44 crore in Q2 September 2016 as against net loss of Rs 31.99 crore in Q2 September 2015.

Hathway Cable & Datacom fell 4.62% to Rs 33 at 9:56 on after the company reported net loss of Rs 40.44 crore in Q2 September 2016 as against net loss of Rs 31.99 crore in Q2 September 2015.

The result was announced after market hours on Friday, 25 November 2016.

Meanwhile, the Sensex was down 64.25 points, or 0.24%, to 26,252.09.

On BSE, so far 26,000 shares were traded in the counter, compared with average daily volume of 69,878 shares in the past one quarter. The stock hit a high of Rs 33.50 and a low of Rs 32.25 so far during the day. The stock hit a 52-week high of Rs 48 on 4 December 2015. The stock hit a 52-week low of Rs 24 on 30 September 2016. The stock had outperformed the market over the past 30 days till 25 November 2016, rising 11.61% compared with the 5.73% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 16.11% as against Sensex's 5.28% decline.

The small-cap company has equity capital of Rs 166.10 crore. Face value per share is Rs 2.

Hathway Cable & Datacom's net sales rose 18.59% to Rs 318.84 crore in Q2 September 2016 over Q2 September 2015.

EBITDA (earnings before interest, taxes, depreciation and amortization) rose 12% to Rs 54.90 crore in Q2 September 2016 over Q2 September 2015. EBITDA margin stood at 17% in Q2 September 2016 compared with 18% in Q2 September 2015.

The company's revenue from the broadband business rose 67% to Rs 120.30 crore in Q2 September 2016 over in Q2 September 2015.

The company's net debt stood at Rs 1636 crore in Q2 September 2016 compared with net debt of Rs 1564.80 crore Q1 June 2016.

Hathway Cable & Datacom offers cable television services across 140 cities and towns and high-speed cable broadband services across 21 cities.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Hathway Cable & Datacom tumbles after poor Q2 performance

Hathway Cable & Datacom fell 4.62% to Rs 33 at 9:56 on after the company reported net loss of Rs 40.44 crore in Q2 September 2016 as against net loss of Rs 31.99 crore in Q2 September 2015.

The result was announced after market hours on Friday, 25 November 2016.

Meanwhile, the Sensex was down 64.25 points, or 0.24%, to 26,252.09.

On BSE, so far 26,000 shares were traded in the counter, compared with average daily volume of 69,878 shares in the past one quarter. The stock hit a high of Rs 33.50 and a low of Rs 32.25 so far during the day. The stock hit a 52-week high of Rs 48 on 4 December 2015. The stock hit a 52-week low of Rs 24 on 30 September 2016. The stock had outperformed the market over the past 30 days till 25 November 2016, rising 11.61% compared with the 5.73% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 16.11% as against Sensex's 5.28% decline.

The small-cap company has equity capital of Rs 166.10 crore. Face value per share is Rs 2.

Hathway Cable & Datacom's net sales rose 18.59% to Rs 318.84 crore in Q2 September 2016 over Q2 September 2015.

EBITDA (earnings before interest, taxes, depreciation and amortization) rose 12% to Rs 54.90 crore in Q2 September 2016 over Q2 September 2015. EBITDA margin stood at 17% in Q2 September 2016 compared with 18% in Q2 September 2015.

The company's revenue from the broadband business rose 67% to Rs 120.30 crore in Q2 September 2016 over in Q2 September 2015.

The company's net debt stood at Rs 1636 crore in Q2 September 2016 compared with net debt of Rs 1564.80 crore Q1 June 2016.

Hathway Cable & Datacom offers cable television services across 140 cities and towns and high-speed cable broadband services across 21 cities.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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