Companies

Hathway Cable Q2 net profit declines 63.6 per cent

PTI New Delhi | Updated on October 20, 2021

hathway

However, its revenue from operations rose 3.85 per cent to ₹ 447.87 crore

Hathway Cable & Datacom Ltd on Wednesday reported a 63.59 per cent decline in its consolidated net profit to ₹ 19.05 crore for the second quarter ended September 30, 2021.

The company had posted a net profit of ₹ 52.33 crore in the July-September period a year ago, Hathway Cable & Datacom said in a BSE filing.

However, its revenue from operations rose 3.85 per cent to ₹ 447.87 crore as against ₹ 431.24 crore in the corresponding quarter last fiscal.

Hathway Cable's total expenses in the September 2021 quarter stood at ₹ 450.75 crore, a jump of 10.5 per cent as against ₹ 407.90 crore.

Shares of Hathway Cable & Datacom Ltd on Wednesday settled at ₹ 25 on the BSE, down 1.77 per cent from the previous close.

Published on October 20, 2021

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like