HomeNewsBusinessStocksHathway Cable and Datacom declines 5% post Q1 results

Hathway Cable and Datacom declines 5% post Q1 results

EBITDA fell 10.88 percent to Rs 77.53 crore, and the margin dropped by 400 basis points to 15.5 percent compared to the year-ago period, impacted by higher pay channel costs.

The company's revenue from operations was 11.63 percent higher at Rs 499.23 crore during the quarter under review, compared to Rs 447.18 crore in the corresponding quarter of the last fiscal year.

Sucheta Anchaliya

first published: Jul 18, 2023 11:12 am

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Hathway Cable and Datacom declines 5% post Q1 results

EBITDA fell 10.88 percent to Rs 77.53 crore, and the margin dropped by 400 basis points to 15.5 percent compared to the year-ago period, impacted by higher pay channel costs.

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