Image Source : EquityBulls
Hathway Cable and Datacom Ltd has posted a strong financial performance in the June quarter of FY26, closing the book on its operating strength and strategic direction in the context of a competitive media and broadband environment. The company's consistent growth in revenue and profitability is a reflection of its sustained momentum in digital cable and broadband businesses.
Key Highlights:
-
Consolidated operating revenue was Rs 5.31 billion, driven by consistent subscription revenue and increasing broadband subscriber base.
-
Net profit for the quarter was Rs 310.3 million, representing a strong bottomline growth driven by cost control and operational efficiency.
-
EBITDA margins were flat, supported by industryleading cost control of content and usage of network infrastructure.
Segment Performance:
-
Cable TV businesses continued with strong subscriber retention, with higher monetization on the back of HD channel packs and local content bundling.
-
Broadband service saw incremental penetration in Tier 2 and Tier 3 cities through competitive pricing and bundled OTT plans.
-
Hathway's solutions business division continued to expand its presence in SMEs and coworking and enabled nonlinear revenues.
Strategic Outlook:
-
The company will likely invest in fiber upgrades and lastmile access to enhance the quality of the service and reduce churn.
-
Hathway also is considering partnerships with content aggregators and smart home solution providers for enhancing its value proposition.
-
Experts anticipate sustained earnings momentum in the coming quarters based on digital consumption patterns and infrastructuredriven scalability.
Sources: Economic Times, Business Standard, Hathway Investor Relations, MarketsMojo India, Moneycontrol India
Advertisement
Advertisement