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. →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.
Hathway Cable & Datacom Ltd.
Latest quarter · Jun 2026
Strength & growth
Story so far
All notes on HATHWAY →- 16 Jul 2026 · 4:23 PM IST Hathway's Q1 profit jumps QoQ but lags year-ago level
- 12d ago Hathway Cable Q1 profit doubles QoQ but cable TV still bleeds