Hathway Cable and Datacom reported a consolidated net profit of ₹24.56 crore for the quarter ended June 30, 2026, a significant increase from ₹11.25 crore in the quarter ended March 31, 2026. Revenue from operations for the period stood at ₹565.10 crore, compared to ₹545.85 crore in the previous quarter, driven primarily by the Cable Television Business segment. The company’s total income for Q1FY26 was ₹597.42 crore.

The Board of Directors approved the unaudited consolidated and standalone financial results at their meeting held on July 16, 2026. The results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, Nayan Parikh & Co. The company reported that the profit before tax for the quarter was ₹32.64 crore, while the total comprehensive income after tax was ₹24.76 crore.

Segment Performance

The Group operates through three reportable segments: Broadband Business, Cable Television Business, and Dealing in securities. The Cable Television Business remained the largest revenue contributor, generating ₹405.51 crore in Q1FY26, up from ₹391.61 crore in the preceding quarter. The Broadband Business reported revenue of ₹141.81 crore, while the Dealing in securities segment contributed ₹17.78 crore.

Standalone Results

On a standalone basis, the company reported a net profit of ₹18.37 crore for Q1FY26, compared to ₹12.23 crore in the quarter ended March 31, 2026. Revenue from operations for the standalone entity was ₹141.81 crore, slightly lower than the ₹143.14 crore recorded in the previous quarter. Total standalone income for the period was ₹166.86 crore, with total expenses amounting to ₹142.18 crore.

Regulatory Disclosures

The financial statements include a disclosure regarding Show Cause cum Demand notices received from the Department of Telecommunications (DoT). The notices demand license fees amounting to ₹3,201.93 crores for the Group and ₹3,160.63 crores for the standalone entity, inclusive of interest and penalty. The company has contested these demands and, based on legal opinion, stated that no provision is necessary as it believes it has strong grounds to defend the matter.

Hathway Cable & Datacom reported a mixed set of financial results for Q1, with revenue registering year-on-year growth even as profitability metrics declined. The company's consolidated net profit fell to 245M rupees from 310M rupees in the corresponding period of the previous year, reflecting pressure on the bottom line despite a topline improvement.

Revenue Performance

Hathway Cable & Datacom's Q1 consolidated revenue rose to 5.65B rupees, compared to 5.3B rupees in the same quarter last year, indicating continued growth in its top-line performance. However, the increase in revenue was not sufficient to offset the pressures on margins and profitability during the quarter.

Profitability Under Pressure

The company's EBITDA for Q1 stood at 750M rupees, a decline from 873M rupees reported in the year-ago period. The EBITDA margin also contracted significantly, narrowing to 13.27% from 16.44% on a year-on-year basis. The decline in net profit to 245M rupees from 310M rupees further underscores the challenges faced during the quarter.

The following table summarises the key financial metrics for Q1:

Key Takeaways

• Net profit declined to 245M rupees from 310M rupees year-on-year.
• Revenue grew to 5.65B rupees from 5.3B rupees year-on-year.
• EBITDA fell to 750M rupees from 873M rupees year-on-year.
• EBITDA margin contracted by approximately 317 basis points, moving from 16.44% to 13.27% year-on-year.

Overall, Hathway Cable & Datacom's Q1 results reflect a scenario where revenue growth was accompanied by a notable compression in operating and net profitability metrics on a year-on-year basis.