Moneycontrol
Feb 12, 2015 09:21 AM IST | Source: PTI

Hathway Cable Q3 loss widens to Rs 58.04 cr

Net sales of the company increased marginally by 1.68 percent to Rs 238.02 crore during the period under review as against Rs 234.08 crore of the same period last fiscal, Hathway Cable & Datacom said.

Hathway Cable Q3 loss widens to Rs 58.04 cr

Hathway Cable & Datacom Ltd reported widening on its standalone net loss to Rs 58.04 crore for the third quarter ended December 31, 2014.


It had posted a standalone net loss of Rs 36.85 crore during the October-December quarter in the previous fiscal. Net sales of the company increased marginally by 1.68 percent to Rs 238.02 crore during the period under review as against Rs 234.08 crore of the same period last fiscal, Hathway Cable & Datacom said in a filing to the BSE. 

"Due to content related issues placement has been adversely impacted in this quarter. These issues have been resolved with broadcasters," the company said.

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