Hathway Cable & Datacom Limited — Important, 14-01-2025: Financial Result Updates

**Consolidated Financial Results Summary:**

Hathway Cable and Datacom Limited has reported total revenue from operations of ₹511.15 crore for the quarter, reflecting a marginal increase from ₹504.58 crore year-on-year, leading to a revenue growth of approximately 1.1%. The company attributed this growth to consistent demand in its broadband and cable television segments.

Net profit for the quarter stands at ₹13.54 crore, a decrease from ₹22.35 crore in the same period last year. This translates to an earnings per share (EPS) of ₹0.08, down from ₹0.13 a year ago. Key factors influencing profitability include operational expenses rising due to increased channel costs and depreciation, while the share of net profit from associates also saw a decline.

Operational costs surged by around 0.4% compared to the previous quarter, with significant line items being pay channel costs at ₹249.29 crore and other operational expenses at ₹90.28 crore. The rising cost structure indicates pressure on margin which might be a focal point for future cost management initiatives.

The balance sheet remains stable with total equity holding firm at ₹354.02 crore. Cash flow appears healthy, reflecting ongoing business operations and capital investments.

The strategic outlook suggests a focus on strengthening its broadband segment amidst rising competition. Given the company's ongoing challenges yet stable revenue base, it presents a cautious opportunity, leaning towards a hold position for investors looking for stability in the current market landscape.