Hathway’s net profit slips to Rs 52.33 crore in Q2 FY 21

Hathway’s total income in Q2 FY 21 stood at Rs 460.66 crore, down from Rs 488.22 crore in the previous quarter.

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By Basil Kannagi Arasu

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Hathway Cable and Datacom yesterday reported the financial results for the quarter ending September 30, 2020. Hathway reported a net profit of Rs 52.33 crore in Q2 FY 21 which slipped from the preceding quarter.

Results at a glance

  • Total income at Rs 460.66 crore
  • Total expenses at Rs 407.9 crore
  • Net profit at Rs 52.33 crore
  • Cable Television result at Rs 21.22 crore

Hathway’s total income in Q2 FY 21 stood at Rs 460.66 crore, down from Rs 488.22 crore in the previous quarter. The expenses in Q2 FY 21 stood at Rs 407.9 crore, down from Rs 427.92 crore in the preceding quarter.

Hathway’s net profit slipped to Rs 52.33 crore in Q2 FY 21, down from Rs 66.06 crore in the preceding quarter.

Hathway’s cable television segment revenue stood at Rs 277.9 crore in Q2 FY 21, up from Rs 273.05 crore in the preceding quarter. The company’s cable television result stood at Rs 21.22 crore in Q2 FY 21, up from Rs 17.06 crore in the preceding quarter.

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Basil Kannagi Arasu

News Reporter

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Basil likes to cover the latest happenings in the Media and Entertainment Industry in India. You can always find him browsing his phone.

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