Hathway Cable & Datacom jumped 3.44% to Rs 20.77 after the company's consolidated net profit jumped 28.61% to Rs 25.80 crore in Q2 FY25 as compared with Rs 20.06 crore in corresponding quarter last year.
Revenue increased 5.98% YoY to Rs 512.74 crore in Q2 FY25 as compared with Rs 483.79 crore in Q2 FY24.Profit before tax (PBT) stood at Rs 39.88 crore in Q2 FY25, up 17.54% as compared with Rs 33.93 crore in Q2 FY24.
Total expenses increased 2.75% YoY to Rs 507.63 crore during the quarter. Pay channel cost stood at Rs 244.47 crore (up 11.44% YoY), employee benefit expenses was at Rs 23.71 crore (down 0.92% YoY) during the period under review.
The company's revenue from cable television segment stood at Rs 344.01 crore (up 5.1% YoY) while broadband business was at Rs 151.09 crore (down 3.43% YoY) and revenue from dealing in securities was Rs 17.14 crore during the period under review.
Hathway Cable & Datacom is one of the largest multiple-system operator (MSO) and cable broadband service providers in India.
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