Hathway Cable & Datacom , a prominent player in India's cable television and broadband services sector, has released its financial results for the second quarter, ending September 30. The company reported a mixed performance with revenue growth but a decline in net profit.

Revenue and Profit Analysis

Hathway Cable's consolidated revenue from operations for Q2 stood at ₹536.67 crores, marking a 4.67% increase from ₹512.74 crores in the corresponding quarter of the previous year. However, the company's net profit saw a decline, coming in at ₹18.25 crores compared to ₹25.78 crores in the same quarter last year, representing a 29.21% decrease year-over-year.

For the half-year period ended September 30, the company's performance showed improvement:

Segment-wise Performance

Hathway Cable operates through three main segments:

1. Broadband Business: Generated revenue of ₹146.85 crores
2. Cable Television Business: Reported revenue of ₹378.51 crores
3. Dealing in Securities: Contributed ₹10.98 crores to the revenue

The Cable Television segment remains the largest contributor to the company's revenue, followed by the Broadband segment.

Financial Position and Liquidity

As of September 30, Hathway Cable maintained a strong balance sheet with total assets of ₹5,434.69 crores. The company's cash and cash equivalents stood at ₹28.80 crores, while investments were reported at ₹2,141.42 crores, indicating a robust liquidity position.

Operational Highlights

• The company's earnings per share (EPS) for the quarter was ₹0.10.
• Other income for Q2 was ₹18.78 crores, down from ₹30.52 crores in the same quarter last year.
• Depreciation, amortization, and impairment expenses decreased to ₹76.39 crores from ₹80.79 crores year-over-year.

Regulatory Challenges

Hathway Cable continues to face regulatory challenges, with ongoing demands from the Department of Telecommunications (DoT) totaling ₹3,201.93 crores. The company is contesting these demands based on legal advice and has not made any provisions for this amount, expressing confidence in its position.

Conclusion

Hathway Cable's Q2 results reflect the company's ability to grow its top line in a competitive market. However, the decline in net profit suggests ongoing challenges in maintaining profitability. The company's strong balance sheet and diverse business segments position it to navigate the evolving landscape of India's cable and broadband industry.

Investors and stakeholders will likely keep a close eye on how Hathway Cable manages its operational costs and regulatory challenges in the coming quarters, as these factors will be crucial for the company's long-term growth and profitability.

Hathway Cable & Datacom , a prominent player in the cable TV and broadband internet services sector, has successfully concluded an arbitration case with minority shareholders of its former joint venture, Hathway Rajesh Multichannel Private Limited (HRMC). The resolution comes as a positive development for the company, marking the end of a legal process that began in August 2023.

Settlement Details

According to a regulatory filing by Hathway Cable on July 31, 2025, the company and the minority shareholders of HRMC have reached a mutual settlement. The arbitrator passed an award on July 29, 2025, based on mutually agreed consent terms between the parties involved. This award effectively resolves the arbitration proceedings that were initiated by the minority shareholders nearly two years ago.

Financial Implications

In a significant reassurance to its investors, Hathway Cable has explicitly stated that the arbitration award carries no financial impact on the company. The filing emphasizes that there will be no effect on the company's business operations or financial standing as a result of this settlement.

Timeline of Events

Management Statement

Ajay Singh, Head Corporate Legal, Company Secretary, and Chief Compliance Officer of Hathway Cable & Datacom Limited, signed the regulatory filing. The company's prompt disclosure, made within hours of receiving the award, demonstrates its commitment to transparency and regulatory compliance.

Market Implications

While the settlement of this arbitration case removes a point of uncertainty for Hathway Cable, the absence of any financial impact suggests that the resolution is unlikely to significantly affect the company's market position or investor sentiment in the immediate term.

The conclusion of this arbitration case without any financial repercussions allows Hathway Cable & Datacom Limited to focus on its core business operations without the overhang of legal proceedings. As the cable TV and broadband internet markets continue to evolve, the company's ability to resolve such issues efficiently may be seen as a positive indicator of its management capabilities.