HATHWAYHathway Cable & Datacom

Hathway Cable's Q2 profit falls 44.1% to ₹10.2 crore as EBITDA margin narrows

Hathway Cable & Datacom reported September-quarter revenue of ₹568 crore, up about 5.8%, while net profit fell 44.1% to ₹10.2 crore.

Price, Wednesday's close₹10.84▼ 2.78%
Last 5 days
52-week low ₹8.7652-week high ₹14.34
Sector
Media and cable

What happened

  • Net profit fell 44.1% year on year to ₹10.2 crore, according to ScanX.
  • ScanX said the EBITDA margin contracted by 463 basis points to 10.32%.
  • Revenue was ₹5.68 billion against ₹5.37 billion a year earlier, per Sahi, a rise of 5.77%. ScanX gave the rise as 5.8% to ₹568 crore.
  • The shares closed at ₹10.84 on Wednesday, down 2.78%, per Zerodha Kite, before the results.

Why it matters

Revenue rose 5.77% while profit fell 44.1%, and ScanX reported the EBITDA margin down 463 basis points.

Good to know: A basis point is one-hundredth of a percentage point, so a 463 basis point fall in margin is 4.63 percentage points.

Key facts

Net profit
₹10.2 crore, down 44.1% (per ScanX)
Revenue
₹5.68 billion (₹5.37 billion), up 5.77% (per Sahi)
EBITDA margin
10.32%, down 463 basis points (per ScanX)

Read the source

This is a summary of public news about Hathway Cable & Datacom, for information only. It is not a recommendation to buy, sell or hold HATHWAY.

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