Hathway Cable slides after Q3 PAT fall 39% YoY to Rs 14 cr
Hathway Cable & Datacom slipped 1.83% to Rs 15.08 after the company's consolidated net profit fell 38.8% to Rs 13.67 crore in Q3 FY25 as against Rs 22.34 crore posted in Q3 FY24.
Revenue from operations increased 1.3% YoY to Rs 511.15 crore in Q3 FY25 as compared to Rs 504.58 crore in Q3 FY24.Profit before tax (PBT) stood at Rs 19.07 crore in Q3 FY25, down 38% as compared to Rs 30.75 crore recorded in the quarter ended 31 December 2024.
The company's revenue from cable television segment stood at Rs 345.79 crore (down 0.91% YoY) while broadband business was at Rs 149.99 crore (down 3.60% YoY). Additionally, revenue from securities trading amounted to Rs 15.37 crore during the period under review.
Hathway Cable & Datacom is one of the largest multiple-system operator (MSO) and cable broadband service providers in India.
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