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Hathway Cable & Datacom reports 59% rise in Q2 consolidated net profit

17 Oct 2022 Evaluate

Hathway Cable & Datacom has reported results for second quarter ended September 30, 2022.

The company has reported rise of 44.12% in its net profit at Rs 16.30 crore for Q2FY23 as compared to Rs 11.31 crore for the corresponding quarter previous year. However, total income of the company decreased by 2.41% to Rs 178.35 crore for the quarter under review as compared to Rs 182.76 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 58.74% in its net profit at Rs 30.24 crore for the quarter under review as compared to Rs 19.05 crore for the same quarter in the previous year. Total income of the company increased by 7.18% to Rs 501.82 crore for the quarter under review as compared to Rs 468.21 crore for the same quarter in the previous year.

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