Hot Pursuit     13-Apr-22
Hathway Cable & Datacom tumbles after Q4 PAT decreases 60% YoY
Hathway Cable & Datacom declined 3.89% to Rs19.75 after the company reported a 60.6% drop in net profit to Rs 28.42 crore on a 2.3% increase in net sales to Rs 448.79 crore in Q4 FY22 over Q4 FY21.

The company's profit before tax in Q4 FY22 stood at Rs 32.54 crore, down by 27.07% from Rs 44.62 crore posted in Q4 FY21. Total expenses added nearly 7% to Rs 447.57 crore in Q4 FY22 over Q4 FY21.

On a full year basis, the Mumbai headquartered company reported a 48.53% decrease in net profit to Rs 130.35 crore on an 3.54% rise in net sales to Rs 1793.02 crore in FY22 over FY21.

Promoted by the Raheja Group, Hathway Cable & Datacom is one of the largest multiple-system operator (MSO) and cable broadband service providers in India. The company's cable operations straddle across key Indian geographies and offers cable television services across 140 cities and towns and high-speed cable broadband services across 21 cities.

Previous News
  Hathway Cable & Datacom consolidated net profit rises 28.61% in the September 2024 quarter
 ( Results - Announcements 14-Oct-24   07:30 )
  Hathway Cable slumps on reporting Q4 net loss of Rs 15 cr
 ( Hot Pursuit - 18-Apr-23   10:21 )
  Hathway Cable & Datacom to convene board meeting
 ( Corporate News - 13-Jul-22   11:18 )
  Hathway Cable & Datacom Ltd up for third consecutive session
 ( Hot Pursuit - 21-Aug-24   13:05 )
  Hathway Cable & Datacom Ltd up for third straight session
 ( Hot Pursuit - 29-Aug-22   13:05 )
  Hathway Cable & Datacom to hold AGM
 ( Corporate News - 01-Aug-23   14:20 )
  Hathway Cable & Datacom Ltd continues to slide
 ( Hot Pursuit - 02-Nov-21   13:35 )
  Hathway Cable & Datacom consolidated net profit declines 6.96% in the December 2020 quarter
 ( Results - Announcements 15-Jan-21   17:32 )
  Hathway Cable Q3 PAT slips 15% YoY to Rs 29 cr
 ( Hot Pursuit - 17-Jan-23   16:16 )
  Hathway Cable & Datacom Ltd slips for fifth straight session
 ( Hot Pursuit - 21-Oct-24   13:35 )
  Volumes jump at Hathway Cable & Datacom Ltd counter
 ( Hot Pursuit - 19-Dec-18   14:30 )
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