Hathway Bhawani Cabletel & Datacom Limited returned to profitability in the first quarter of FY27, reporting a consolidated net profit of ₹11.78 lakh for the period ended June 30, 2026. This marks a reversal from the net loss of ₹17.53 lakh recorded in the quarter ended March 31, 2026. The company's total income for the quarter stood at ₹66.48 lakh, supported by other income of ₹8.74 lakh, while total expenses were contained at ₹54.70 lakh.

The board of directors reviewed and approved the unaudited financial results at a meeting held on July 14, 2026. The meeting commenced at 03:30 p.m. and concluded at 03:55 p.m. The results were also reviewed by the audit committee. Nayan Parikh & Co., Chartered Accountants, provided the Independent Auditor's Review Report for both consolidated and standalone financial results, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

On a standalone basis, the company reported a net profit of ₹4.07 lakh for Q1FY27, a significant improvement from the net loss of ₹41.95 lakh in the preceding quarter. Revenue from operations for the standalone entity was ₹57.15 lakh. The turnaround was driven by a reduction in total expenses, which fell to ₹53.08 lakh from ₹59.95 lakh in the previous quarter. The company noted that the financial figures for the quarter ended March 31, 2026, are balancing figures derived from audited annual results and previously published unaudited year-to-date figures.

The financial results include the performance of subsidiary Hathway Bhawani NDS Network Limited, which became a wholly owned subsidiary during Q4 FY26 following the acquisition of the remaining 49% equity stake. The subsidiary reported unaudited standalone total revenue of ₹9.33 lakh and a net profit after tax of ₹7.73 lakh for the quarter ended June 30, 2026. The company operates within a single business segment as per Ind AS 108 on "Operating Segments".

Hathway Bhawani Cabletel & Datacom Limited disclosed that it has received Show Cause cum Demand notices from the Department of Telecommunications demanding license fees amounting to ₹4,130.38 lakh for various financial years between 2005-06 and 2014-15. The company has contested these demands and, based on legal opinion, believes it has strong grounds to defend itself. Consequently, no provision has been made regarding this matter in the current financial results.

Consolidated Financial Results (₹ in Lakhs)

Standalone Financial Results (₹ in Lakhs)

Hathway Bhawani Cabletel & Datacom Limited has informed stock exchanges of the resignation of its Chief Financial Officer, Mr. Hareshkumar Mayani, effective from the close of business hours of May 07, 2026. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

CFO Steps Down to Take on Holding Company Role

Mr. Hareshkumar Mayani tendered his resignation to focus on his new role of managing financial accounting at Hathway Cable and Datacom Limited, the holding company of Hathway Bhawani Cabletel & Datacom. In his resignation letter dated May 07, 2026, Mr. Mayani requested to be relieved from the services of the company with effect from the close of business hours of that date.

The company placed on record its appreciation for Mr. Mayani's contributions, stating its "heartiest gratitude and sincere appreciation for the valuable contribution and guidance provided by Mr. Hareshkumar Mayani, during his association as Chief Financial Officer of the Company."

Revised Key Managerial Personnel for Disclosures

Following Mr. Mayani's departure, the company has designated the following Key Managerial Personnel as authorised persons for determining the materiality of events or information and for making requisite disclosures to stock exchanges, with effect from May 08, 2026:

The regulatory filing was signed by Ms. Priya Bhagat, Company Secretary and Compliance Officer of Hathway Bhawani Cabletel & Datacom, on May 08, 2026. The company has also noted that the aforesaid information is available on its investor relations website at www.hathwaybhawani.com/investors .