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Last Updated : Oct 17, 2019 12:33 PM IST | Source: Moneycontrol.com

Hathway Cable shares jump 5% after the firm narrows loss in Q2

The company reported a consolidated net loss of Rs 84.70 crore in the July-September quarter a year ago,

 
 
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Shares of Hathway Cable & Datacom jumped almost 5 percent on the BSE on October 17, a day after the company had reported narrowing down of its consolidated net loss to Rs 2.42 crore for the second quarter ended on September 30.

The company reported a consolidated net loss of Rs 84.70 crore in the July-September quarter a year ago, Hathway Cable and Datacom said in a regulatory filing.

Its total income was up 28.87 percent to Rs 510.77 crore during the period under review as against Rs 396.33 crore in the same quarter previous fiscal.

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Hathway Cable's total expenses were at Rs 509.59 crore as against Rs 474.80 crore, up 7.32 percent.

Shares of Hathway Cable & Datacom traded 2.21 percent up at Rs 23.10 on the BSE at 12:22 hours IST.
First Published on Oct 17, 2019 12:33 pm
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