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Hathway Cable & Datacom reports 61% fall in Q4 consolidated net profit

13 Apr 2022 Evaluate

Hathway Cable & Datacom has reported results for fourth quarter and year ended March 31, 2022.

The company has reported a fall of 62.98% in its net profit at Rs 6.13 crore for the quarter under review as compared to Rs 16.56 crore for the same quarter in the previous year. Total income of the company decreased by 2.12% at Rs 162.84 crore for Q4FY22 as compared Rs 166.36 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 60.60% in its net profit at Rs 28.42 crore for the quarter under review as compared to Rs 72.14 crore for the same quarter in the previous year. However, total income of the company marginally increased by 3.32% at Rs 462.87 crore for Q4FY22 as compared Rs 447.99 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported a fall of 57.57% in its net profit at Rs 47.16 crore as compared to Rs 111.15 crore for the previous year. Total income of the company decreased by 10.28% at Rs 672.75 crore for year under review as compared to Rs 749.86 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported a fall of 48.53% in its net profit at Rs 130.35 crore as compared to Rs 253.25 crore for the previous year. Total income of the company marginally decreased by 0.20% at Rs 1,870.44 crore for year under review as compared to Rs 1,874.22 crore for year ended March 31, 2021.

Hathway Cable & Data Share Price

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