Hathway Cable and Datacom Limited has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The company's Board of Directors approved the consolidated and standalone financial results at their meeting held on January 15, 2026, which commenced at 3:00 PM and concluded at 4:45 PM.

Consolidated Financial Performance

The company demonstrated steady performance in the third quarter with total consolidated income reaching ₹557.65 crores compared to ₹532.13 crores in the corresponding quarter of the previous year. Revenue from operations stood at ₹536.56 crores, showing growth from ₹511.15 crores in Q3FY25.

Nine Months Performance

For the nine months ended December 31, 2025, the company achieved total consolidated income of ₹1,677.33 crores against ₹1,599.75 crores in the corresponding period of the previous year. The net profit for the nine-month period reached ₹70.99 crores compared to ₹57.74 crores in the previous year.

Segment-wise Performance

The company operates through three main business segments. The Cable Television Business generated the highest revenue of ₹377.20 crores in Q3FY26, while the Broadband Business contributed ₹144.71 crores. The Dealing in Securities segment recorded revenue of ₹14.65 crores during the quarter.

Standalone Results

On a standalone basis, the company reported revenue from operations of ₹144.71 crores for Q3FY26 compared to ₹149.99 crores in Q3FY25. The standalone net profit for the quarter was ₹12.93 crores against ₹11.63 crores in the corresponding quarter of the previous year.

Regulatory Compliance and Auditor Review

The financial results were prepared in accordance with Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Nayan Parikh & Co., Chartered Accountants, conducted the limited review of the results. The results were duly reviewed by the Audit Committee before approval by the Board of Directors.

The company maintains its registered office at 802, 8th Floor, Interface-11, Link Road, Malad West, Mumbai 400064, and operates under CIN L64204MH1959PLC011421.

Hathway Cable & Datacom Limited, a prominent player in the cable and broadband industry, has announced a strategic move to streamline its corporate structure. The company has sold its entire equity stakes in three subsidiaries and one associate company to Infomedia and Networking Private Limited (INPL) for a total consideration of ₹40.00.

Divestment Details

The transaction, which was completed on November 19, 2025, at approximately 4:17 PM (IST), involved the following stake sales:

Impact on Hathway's Financials

Hathway Cable & Datacom Limited has clarified that the divested entities were non-operating companies with no contribution to the company's consolidated turnover and net worth for the fiscal year 2024-25. As a result of this transaction, these companies have ceased to be subsidiaries or associates of Hathway, effective immediately.

About the Buyer

Infomedia and Networking Private Limited, the acquirer of these stakes, is a company incorporated under the Companies Act, 1956. INPL operates in the cable and broadband sector but is not affiliated with Hathway's promoter or promoter group companies. The transaction is not classified as a related party transaction.

Strategic Implications

This divestment appears to be part of Hathway's efforts to optimize its corporate structure by offloading non-operational entities. While the monetary value of the transaction is nominal at ₹40.00, the move could potentially lead to a more streamlined organizational setup for Hathway Cable & Datacom Limited.

The company's decision to divest these non-contributing entities might indicate a focus on core operations in the cable and broadband market.