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Revenue growth may be driven by broadband business (which may grow 6-8 percent Q-o-Q). Smarter packaging of channels may drive revenue higher.
Hathway Cable and Datacom's third quarter loss is expected to widen to Rs 60 crore from Rs 37 crore in the year-ago period, according to a CNBC-TV18 poll.
Cable television service operator Hathway Cable and Datacom is expected to post a standalone net loss at Rs 12.5 crore in the second quarter of current financial year as against net loss of Rs 16 crore in the previous quarter and net loss of Rs 10.3 crore in a year ago period, according to CNBC-TV18 poll.
ICICI direct.com has come with its September`12 quarterly earning estimates for media sector.
Hathway Cable and Datacom is expected to post a loss at Rs 17.8 crore for the fourth quarter of FY12 as against loss of Rs 17.5 crore in a year ago period and Rs 18.2 crore in the previous quarter due to high depreciation and interest costs, according to CNBC-TV18 poll.
It has already achieved digitalization of 2 million homes on a voluntary basis, which is expected to start monetising once digitalization happens, K Jayaraman, chief executive officer, Hathway Cable told CNBC-TV18.
G Subramaniam, CFO of Hathway, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, gave his perspective of the fourth quarter performance and their divulged future plans.