Hathway Bhawani Q1 FY 21 Net Profit at Rs 33.13 lakhs

Posted in:

Mumbai based cable television operator Hathway Bhawani Cabletel and Datacom Limited on Tuesday declared the financial results for the quarter ending June 30, 2020. The cable operator posted a net profit of Rs 33.13 lakhs, down from the net profit of Rs 64.52 lakhs in the previous quarter ending March 31, 2020.

Hathway Bhawani Logo

Results at a Glance

  • Revenue in Q1 FY 21 at Rs 117.02 lakhs
  • Expenses in Q1 FY 21 at Rs 72.27 lakhs
  • Net Profit in Q1 FY 21 at Rs 30.42 lakhs

The consolidated revenue in Q1 FY 21 stood at Rs 117.02 lakhs, down from Rs 137.79 lakhs in Q4 FY 20. The total expenses in Q1 FY 21 stood at Rs 72.27 lakhs, up from Rs 63.59 lakhs in Q4 FY 20. The net profit in turn was affected as it came down from Rs 72.58 lakhs in Q4 FY 20, to Rs 44.75 lakhs in Q1 FY 21.

The revenue from operations remained the same but the decrease in other income led to the decrease in total income. The increase in expenses was due to the increase in operational expenses and employee benefit expenses. The decline in profit was majorly due to the decline in revenue in Q1 FY 21.

DreamDTH is the source for breaking news and exclusive updates in DTH and Television industry! For the latest news and updates, follow us on Twitter, Google News, Telegram and Facebook. For the latest videos updates, subscribe to our YouTube channel.

Avatar of Basil Kannagi Arasu
Basil Kannagi Arasu


Basil currently works as the Editor-in-chief at DreamDTH. He likes to write and cover the latest happenings in the Media and Entertainment Industry in India. You can always find him browsing his phone.

Notify of
Inline Feedbacks
View all comments

Visit our forums

Join the discussions with thousands of active members who share the same interests as you and learn something new...