Hathway Cable & Datacom , a prominent player in India's cable television and broadband internet services, has announced a significant addition to its leadership team. The company's Board of Directors has approved the appointment of Mr. Amrish Kumar as Vice President of Billing & Collection, effective November 17, 2025.

Strategic Appointment

The decision to bring Mr. Kumar on board was based on the recommendation of Hathway's Nomination and Remuneration Committee, signaling the company's commitment to strengthening its financial operations and customer service capabilities.

Extensive Experience

Mr. Amrish Kumar brings over 22 years of experience in billing and collections to his new role at Hathway. His expertise spans the entire customer lifecycle, including:

• Upselling
• Cross-Selling
• Retention
• Customer Insights & Analysis

This comprehensive skill set is expected to enhance Hathway's financial processes and customer relationship management.

Educational Background

Kumar's academic credentials include:

• Masters of Computer Applications (MCA) from Punjab University (2003)
• MBA from Sikkim Manipal University (2010)

Previous Role

Prior to joining Hathway, Mr. Kumar held the position of General Manager – Prepaid Operations and Retention Head at Vodafone Idea Ltd.

Implications for Hathway

The appointment of Mr. Kumar as VP of Billing & Collection comes at a time when efficient financial management and customer retention are crucial in the competitive telecom and cable TV sectors. His expertise could potentially help Hathway in:

1. Streamlining billing processes
2. Improving collection efficiency
3. Enhancing customer retention rates
4. Developing more effective upselling and cross-selling strategies

As the cable and broadband industry continues to evolve, Hathway's decision to strengthen its billing and collection leadership suggests a focus on financial efficiency and customer relationship management.

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.