Hathway & Den

Hathway Cable Q4 results: Profit steady at ₹35 cr, revenue rises to ₹513 cr

Hathway Cable & Datacom Ltd, provider of cable and internet services, on Tuesday reported a marginal increase in consolidated net profit at Rs 34.8 crore for the fourth quarter ended March 2025. The company had posted a net profit of Rs 34.57 crore in the January-March period a year ago, according to a regulatory filing from Hathway Cable, a firm owned by Reliance Industries Group. Revenue from operations was up at Rs 513.15 crore from Rs 493.37 crore a year ago. Hathway's revenue from its cable TV business was at Rs 346.09 crore and Rs 149.35 crore from broadband services in Q4 FY25. Total income, which also includes other income, was up 2.43 per cent to Rs 546.6 crore in the March quarter. Total expenses were up 3.36 per cent to Rs 510.15 crore. However, the net profit in FY25 was down 6.8 per cent to Rs 92.54 crore from Rs 99.29 crore a year ago. Total income during the year was up 1.3 per cent to Rs 2,146.35 crore. Meanwhile, in a separate filing, Hathway informed it has ...

Merger of TV18 Broadcast, Hathway, Den Networks into Network18 called off

Considering that more than a year has passed from the time the board considered the scheme, it has decided to not proceed with the arrangement envisaged in the scheme, Den said in a statement

Wabco, Den Networks' OFS fully subscribed; Hathway 40%

All three offer for sale (OFS) were launched by promoters to comply with the 25 per cent minimum public shareholding norms

Hathway, Den Network rally up to 20% on Jio GigaFiber launch buzz, PVR dips

Shares of LCOs including Hathway cables and Datacom, Den Networks and GTPL Hathway zoomed in the range of 5 to 20% during the morning deals on the BSE while those of PVR & INOX Leisure slipped up 10%

RIL's acquisition of Hathway & Den to hit broadcasters, DTHs: India Ratings

Reliance Industries' acquisition of majority stakes in multiple system operators (MSOs) Hathway Cable & Datacom and DEN Networks augurs well for all the three firms, but will have a negative impact on broadcasters and direct-to-home (DTH) players, according to India Ratings. In a move aimed at becoming the largest player in the broadband as well as the cable TV and DTH market, Reliance Industries (RIL) earlier this month said it will buy 66 per cent stake in Den Networks for Rs 2,290 crore and 51.3 per cent in Hathway Cable for Rs 2,940 crore. India Ratings (Ind-Ra) said this consolidation in the MSO space is negative for broadcasters as their bargaining power to command higher subscription revenue may be impacted. It also said that possibility of Reliance Jio (RJio) to offer bundled plan, which will include both the broadband and pay cable TV markets, would negatively impact DTH players. The acquisition enables RJio to gain a significant foothold across western, ...