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Hathway's Q1 profit jumps QoQ but lags year-ago level

Net profit of ₹24.56 cr more than doubles from ₹11.25 cr in March quarter; revenue rises to ₹565.10 cr. Cable TV losses persist, broadband barely profitable, DoT liability remains overhang.

1 earlier story on Hathway Cable & Datacom Ltd.
Mkt cap₹2,076 cr
P/E25.23×
ROE2.11%
Debt / eq.0.00
₹24.56 cr Q1 net profit, more than double QoQ but down 21% YoY

What's new

  • Net profit jumped to ₹24.56 cr from ₹11.25 cr in Q4 FY26
  • Revenue rose to ₹565.10 cr from ₹545.85 cr sequentially
  • Cable segment loss continues; broadband marginally profitable

Why this matters

The QoQ recovery is welcome, but the YoY decline from ₹31.03 cr shows core business pressure. With a ₹3,201.93 cr DoT notice unresolved, the balance sheet risk stays material.

What we're watching

  • Resolution of DoT show-cause notice for ₹3,201.93 cr
  • Trend in broadband profitability, still only marginal
  • Q2 revenue momentum after modest QoQ growth

The full read

Hathway Cable posted a net profit of ₹24.56 cr for the June quarter, more than double the ₹11.25 cr of Q4 FY26, but below the ₹31.03 cr reported a year ago. Revenue inched up sequentially to ₹565.10 cr. The cable TV business remains in the red; the broadband arm is only marginally profitable. The big overhang is a ₹3,201.93 cr demand from the DoT that the company is contesting with no provision booked. At a market cap of just ₹2,076 cr, that potential liability is existential, but it is not new. The quarter is a routine update: earnings are mixed, the trajectory is unclear, and the material story hasn't changed.

Questions answered

How did net profit compare to previous quarter and last year?
Q1 net profit was ₹24.56 cr, more than double the ₹11.25 cr of Q4 FY26, but down from ₹31.03 cr in Q1 FY26.
What is the status of the DoT license fee notice?
The notice demands ₹3,201.93 cr. The company contests it and has made no provision, but it remains a contingent liability.
How is the broadband business performing?
Broadband is marginally profitable, while the cable TV segment continues to post losses.
What was revenue growth?
Revenue grew to ₹565.10 cr from ₹545.85 cr in the prior quarter, a sequential increase.
Mentioned: Department of Telecommunications · ₹3,201.93 cr show-cause notice
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Hathway Cable & Datacom Ltd.

Telecom
₹1,954 cr
P/E 25.78×

Latest quarter · Jun 2026

Sales₹565 cr
Net profit₹24 cr
Op. margin+13.3%
EPS₹0.14

Strength & growth

Debt / equity0.00×
Current ratio3.57×
Sales CAGR+6.9%
  1. 16 Jul 2026 · 4:23 PM IST Hathway's Q1 profit jumps QoQ but lags year-ago level
  2. 12d ago Hathway Cable Q1 profit doubles QoQ but cable TV still bleeds