Hathway cable & datacom Limited has announced a significant leadership appointment, naming Mr. Gurjeev Singh Kapoor as COO cum CEO designate. The appointment was approved by the Board of Directors at their meeting held on April 17, 2026, based on the recommendation of the Nomination and Remuneration Committee.

Leadership Transition Timeline

The company has outlined a structured transition plan for the new leadership role. Mr. Kapoor will assume his position as COO cum CEO designate effective April 20, 2026, and will subsequently take over as CEO on September 1, 2026.

Professional Background and Experience

Mr. Gurjeev Singh Kapoor brings extensive media industry expertise to Hathway Cable and Datacom Limited. With over 30 years of leadership experience, he has demonstrated capabilities in spearheading strategic growth and transforming business operations to achieve sustained excellence.

His professional journey includes significant roles at major media organizations:

• Disney Star: Most recent position as Head of Distribution & International business, where he played a key role in scaling the global distribution business and driving revenue growth
• ESPN: Previous leadership role in the sports media sector
• Discovery: Experience in the entertainment and lifestyle content industry
• Sony Pictures: Background in the film and entertainment business

Educational Qualifications

Mr. Kapoor's academic credentials reflect a strong foundation in engineering, business management, and digital leadership:

Board Meeting Details

The Board of Directors meeting that approved this appointment was conducted on April 17, 2026, and concluded at 05:00 p.m. The decision was made following the recommendation of the Nomination and Remuneration Committee, highlighting the structured governance process behind this strategic appointment.

This leadership appointment represents a significant development for Hathway Cable and Datacom Limited as the company prepares for a new phase of growth under Mr. Kapoor's experienced leadership in the media and distribution sector.

Hathway Cable and Datacom Limited announced its audited consolidated and standalone financial results for the quarter and year ended March 31, 2026, on April 17, 2026. The Board of Directors reviewed and approved the financial results at their meeting held on the same day. The statutory auditors, Nayan Parikh & Co., issued unmodified opinions on both consolidated and standalone financial results.

Consolidated Financial Performance

For the fiscal year ended March 31, 2026, the company reported a consolidated net profit of ₹82.24 crores, compared to ₹92.54 crores in the previous fiscal year. Total consolidated income increased to ₹2,243.53 crores from ₹2,146.35 crores in FY25. Revenue from operations stood at ₹2,149.58 crores, while other income amounted to ₹93.95 crores for the year.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹11.25 crores, down from ₹34.80 crores in the corresponding quarter of the previous year. Total income for the quarter was ₹566.20 crores, with revenue from operations at ₹545.85 crores.

Segment Performance

The Group operates through three reportable segments: Broadband Business, Cable Television Business, and Dealing in Securities. For FY26, Broadband Business reported revenue of ₹581.98 crores, Cable Television Business generated ₹1,509.48 crores, and Dealing in Securities contributed ₹58.12 crores. The Cable Television segment reported a loss of ₹51.72 crores before tax, while the Broadband segment recorded a profit of ₹10.84 crores.

Standalone Results

On a standalone basis, the company reported a net profit of ₹65.38 crores for FY26, compared to ₹79.33 crores in FY25. Total standalone income for the year was ₹671.17 crores, with revenue from operations at ₹581.98 crores. For the quarter ended March 31, 2026, standalone net profit stood at ₹12.23 crores.

Balance Sheet and Cash Flows

As of March 31, 2026, the company's consolidated total assets stood at ₹5,182.36 crores, compared to ₹5,121.77 crores in the previous year. Total equity was ₹4,466.74 crores, while total liabilities amounted to ₹715.62 crores. Cash and cash equivalents decreased to ₹39.29 crores from ₹57.27 crores at the end of FY25.

The company noted that it has received Show Cause cum Demand notices from the Department of Telecommunications demanding license fees amounting to ₹3,201.93 crores. 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 for this matter.