Hathway Cable and Datacom Limited has reported its financial results for the third quarter ending December 31, 2024. Here are the key highlights:
Key Financial Metrics (Quarter-on-Quarter and Year-on-Year Comparisons):
- Revenue from Operations:
₹511.15 crore in Q3 FY25 compared to ₹512.74 crore in Q2 FY25 (a marginal decline of 0.3%) and ₹504.58 crore in Q3 FY24 (a growth of 1.3%). - Total Income:
₹532.13 crore in Q3 FY25, down from ₹543.26 crore in Q2 FY25 (a decrease of 2%) and ₹535.33 crore in Q3 FY24 (a slight decline of 0.6%). - Net Profit:
₹13.64 crore in Q3 FY25, compared to ₹25.78 crore in Q2 FY25 (a decline of 47.1%) and ₹22.35 crore in Q3 FY24 (a decline of 39%). - Profit Before Tax (PBT):
₹19.07 crore in Q3 FY25, compared to ₹39.88 crore in Q2 FY25 (a decrease of 52.2%) and ₹30.75 crore in Q3 FY24 (a decline of 38%).
Segment-wise Performance:
- Expenses:
Total expenses in Q3 FY25 stood at ₹515.38 crore, up from ₹507.63 crore in Q2 FY25 (an increase of 1.5%) and ₹512.36 crore in Q3 FY24.
Key contributors included:- Pay Channel Costs: ₹249.29 crore in Q3 FY25, up from ₹244.47 crore in Q2 FY25 and ₹236.57 crore in Q3 FY24.
- Employee Benefits Expense: ₹21.80 crore in Q3 FY25, compared to ₹23.71 crore in Q2 FY25 and ₹22.70 crore in Q3 FY24.
Nine-Month Performance:
- Revenue from Operations:
₹1,526.50 crore for the nine months ended December 31, 2024, compared to ₹1,487.60 crore in the same period last year, reflecting a 2.6% growth. - Net Profit:
₹57.74 crore for the nine-month period, down from ₹64.72 crore in the corresponding period of FY24.
Hathway Cable’s Q3 performance reflects a stable revenue trend with slight declines in total income and profitability.
TOPICS:
Hathway Cable