Hathway Cable & Datacom Limited — Results, 14-01-2025: Integrated Filing- Financial
14-01-2025 | 07:30 pm
14-01-2025 | 07:30 pm
Hathway Cable and Datacom Limited has announced a board meeting to discuss the financial results for the quarter and nine months ended December 31, 2024. The consolidated revenue stood at ₹532.13 crore, with a net profit of ₹13.64 crore, reflecting a decline from ₹25.78 crore in the previous quarter. The company also reported challenges in its broadband and cable television segments. The acquisition of additional stakes in subsidiaries may enhance operational control. Investors might interpret the results as a mixed signal of persistent challenges alongside potential growth strategies, leading to a cautious outlook.
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