Hathway Cable & Datacom Limited — Board Meeting, 15-07-2025: Outcome of Board Meeting
15-07-2025 | 05:01 pm
15-07-2025 | 05:01 pm
Hathway's Board has approved the financial results for the quarter. Consolidated revenue stood at Rs 530.50 Cr, with a net profit of Rs 31.03 Cr, leading to an EPS of Rs 0.18. Operationally, the Broadband business recorded a marginal loss, and Cable TV faced headwinds. A significant outstanding issue is the Department of Telecommunications' Show Cause Notice, demanding over Rs 3,200 Cr in license fees. Management holds a strong position in defending this claim, asserting no provision is necessary.
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