Hathway Cable & Datacom has reported mixed third-quarter financial results, showcasing significant growth in net profitability while experiencing a decline in EBITDA performance. The telecom services company demonstrated contrasting operational metrics with notable improvements in bottom-line profitability offset by margin compression.

Comprehensive Financial Performance

The company's consolidated financial results for the third quarter reveal a mixed performance across key metrics:

Strong Bottom-Line Growth

The most striking aspect of Hathway Cable's Q3 performance was the remarkable 58.4% year-on-year increase in consolidated net profit, which reached ₹217.00 million compared to ₹137.00 million in the corresponding quarter of the previous year. This substantial profit growth of ₹80.00 million demonstrates effective cost management strategies at the operational level, despite challenges in EBITDA performance.

EBITDA Performance Under Pressure

Contrary to the strong net profit growth, Hathway Cable's EBITDA performance showed signs of pressure during the quarter. The company's EBITDA declined by 7.1% year-on-year to ₹772.00 million from ₹831.00 million in the previous year's corresponding quarter. More notably, the EBITDA margin compressed significantly to 14.38% from 16.25%, representing a decline of 187 basis points, indicating operational efficiency challenges.

Revenue Growth Momentum

Despite margin pressures, Hathway Cable maintained steady revenue expansion during the quarter. The company's consolidated revenue increased by 5.7% year-on-year to ₹5.40 billion, up from ₹5.11 billion in Q3 of the previous year. This revenue growth of ₹290.00 million reflects the company's continued ability to expand its market presence in the competitive telecom services sector.

Market Positioning

As a player in the telecom services industry, specifically in the cable and datacom segment, Hathway Cable's mixed quarterly performance highlights the challenging operating environment. While the company successfully improved net profitability and maintained revenue growth, the EBITDA margin compression suggests ongoing operational pressures that require management attention.

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.