The company had posted net loss of Rs 41.18 crore in the October-December period a year ago, it said in a BSE filing today.
However, its total income during the quarter under review was up 20.03 per cent at Rs 337.58 crore as against Rs 281.24 crore in the corresponding quarter of previous fiscal.
Hathway's total expenses were rose by 13.93 per cent to Rs 345.27 crore as against Rs 303.03 crore a year ago.
Meanwhile, in a separate filing, Hathway informed that its board in a meeting held today has approved "to sell transfer, dispose if cable TV business of the company" through slump sale to its wholly-owned subsidiary Hathway Datacom Central Pvt Ltd.
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