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Hathway Cable reports net loss of Rs 40.44 crore in Q2

26 Nov 2016 Evaluate

Hathway Cable & Datacom has reported results for second quarter ended September 30, 2016.  

The company has reported a net loss of Rs 40.44 crore for the quarter under review as compared to a net loss of Rs 31.99 crore for the same quarter in the previous year. Total income of the company increased by 17.04% at Rs 324.61 crore for the quarter under review as compared Rs 277.36 crore for the corresponding quarter previous year.    

The company is a leading cable television services provider in India as well as one of the leading cable broadband services providers. It offers analog and digital cable television services, operating in geographical regions which it believes to constitute important markets for advertisers and broadcasters.

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