Hathway Cable & Datacom , a leading cable TV and broadband service provider, has announced its financial results for the first quarter, showcasing significant growth across key financial metrics.

Strong Financial Performance

The company reported a substantial increase in its consolidated net profit, which rose to ₹310.00 million from ₹183.70 million in the same period last year, marking an impressive year-over-year growth of 68.8%. This robust performance underscores Hathway's effective strategies and operational efficiency.

Revenue and EBITDA Growth

Hathway's revenue for Q1 increased to ₹5.30 billion, up from ₹5.03 billion in the previous year, representing a 5.4% growth. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also saw a notable improvement, rising to ₹873.00 million from ₹806.70 million year-over-year, an increase of 8.2%.

Improved Profitability

The EBITDA margin for the quarter improved to 16.44% from 16.05% in the same period last year, indicating enhanced operational efficiency and cost management.

Segment Performance

According to the consolidated segment reporting provided in the LODR data:

Management Commentary

Rajendra Hingwala, Chairman of Hathway Cable and Datacom Limited, expressed satisfaction with the company's performance. He stated, "Our Q1 results reflect the strength of our business model and our ability to deliver value to our customers and shareholders. The significant growth in net profit and the improvement in our EBITDA margin demonstrate our commitment to operational excellence and financial discipline."

Regulatory Disclosure

The company disclosed that it had received Show Cause cum Demand notices from the Department of Telecommunications for license fees amounting to ₹3,160.63 crore. Hathway has made representations contesting these demands and, based on legal expert opinion, is confident in its position.

Investors and stakeholders will be keenly watching Hathway's performance in the coming quarters as the company continues to navigate the dynamic telecommunications and entertainment landscape in India.

Note: All financial figures are in Indian Rupees.

Hathway Cable and Datacom Limited has reported improved financial results for the fourth quarter of fiscal year 2025, along with a significant corporate restructuring move.

Q4 Financial Highlights

Hathway Cable and Datacom's Q4 performance showed notable improvements:

• Revenue increased to ₹513.15 crore, up from ₹493.37 crore in the same quarter last year.
• EBITDA rose to ₹90.75 crore from ₹80.21 crore year-over-year.
• EBITDA margin improved to 17.68% from 16.26% in the previous year.
• Consolidated net profit for Q4 reached ₹34.68 crore, slightly up from ₹34.57 crore year-over-year.

Subsidiary Amalgamation

In a strategic move to streamline operations, Hathway announced the amalgamation of five step-down wholly-owned subsidiaries with Hathway Digital Limited (HDL), a wholly-owned subsidiary of the company. The amalgamated entities include:

1. Hathway Kokan Crystal Cable Network Limited
2. Hathway Bhaskar CCN Multi Entertainment Private Limited
3. Hathway Cable MCN Nanded Private Limited
4. Channels India Network Private Limited
5. Elite Cable Network Private Limited

This amalgamation, effective from April 22, 2025, was approved by the Regional Director, Western Region.

Annual Performance

For the full fiscal year 2025, Hathway Cable and Datacom reported:

Financial Position

As of March 31, 2025, the company's consolidated balance sheet showed:

Management Commentary

Rajan Gupta, Chairman of Hathway Cable and Datacom, stated, "Our Q4 results demonstrate the company's resilience and ability to grow in a competitive market. The amalgamation of our subsidiaries with Hathway Digital is a strategic step towards operational efficiency and streamlined management."

Future Outlook

While the company has shown growth in revenue and EBITDA, it faces ongoing challenges, including a pending issue with the Department of Telecommunications regarding license fees. Hathway maintains its stance on having strong grounds to defend itself in this matter.

As the cable and broadband industry continues to evolve, Hathway's focus on operational efficiency and strategic restructuring may position it well for future growth opportunities in the digital infrastructure space.