Hathway Cable & Datacom reported 15.3% decline in consolidated net profit to Rs 28.74 crore from Rs 33.93 crore posted in Q3 FY22.
Revenue from operations stood at Rs 478.45 crore in Q3 FY23 as against Rs 455.03 crore recorded in the same period last year, registering a growth of 5.15% year on year (YoY).
Consolidated profit before tax dropped 15.16% to Rs 32.91 crore in quarter ended 31 December 2022 as compared to Rs 38.79 crore reported in Q3 FY22. Total expenses rose 8.87% YoY to Rs 484.70 in Q3 FY23.
The company's revenue form broadband business was at Rs 161.26 crore (up 4.1% YoY) and cable television segment stood at Rs 317.19 crore (up 5.69% YoY), during the period under review.
Hathway Cable & Datacom is one of the largest multiple-system operator (MSO) and cable broadband service providers in India.
Shares of Hathway Cable & Datacom were down 0.30% to close at Rs 16.60 on the BSE.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve hit your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Quarterly Starter
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app