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Hathway Cable & Datacom reports 64% fall in Q2 consolidated net profit

21 Oct 2021 Evaluate

Hathway Cable & Datacom has reported results for second quarter ended September 30, 2021.

The company has reported 58.56% fall in its net profit at Rs 11.31 crore for the quarter under review as compared to net profit of Rs 27.29 crore for the same quarter in the previous year. Total income of the company decreased by 3.03% at Rs 182.76 crore for Q2FY22 as compared Rs 188.48 crore for the corresponding quarter previous year. 

On the consolidated basis, the company has reported 63.75% fall in its net profit attributable to owners of the parent at Rs 18.93 crore for the quarter under review as against net profit of Rs 52.22 crore for the same quarter in the previous year. However, total income of the company increased by 1.64% at Rs 468.21 crore for Q2FY22 as compared Rs 460.66 crore for the corresponding quarter previous year.

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