Hathway Cable & Datacom Q3 Ebitda at Rs 414.63 mn

MUMBAI: Hathway Cable & Datacom has posted a consolidated operating profit of Rs 414.63 million for the three-month period ended 31 December.

The multi-system-operator (MSO) had posted an Ebitda of 502.29 million in the trailing quarter.
The revenue of the company remained flat at Rs 2.27 billion, as against Rs 2.26 billion in the second-quarter of the fiscal.

Meanwhile, on a standalone basis, the company has posted a net loss of Rs 124.04 million, against a net profit of Rs 40.39 million in the prior quarter.

Hathway‘s total income fell to Rs 1.2 billion, from Rs 1.3 billion in the trailing quarter.
Total expense rose to Rs 985.54 million, from Rs 943.45 million in the sequential quarter.

The payout to pay channels during the three-month period ended 31 December stood at Rs 294.92 million, slightly higher than previous quarter (Rs 280.33 million).

Profit from operations (before other income, interest, depreciation and exceptional items) was at Rs 213.95 million (from Rs 355.86 million).

The MSO disclosed that out of Rs 4.8 billion IPO money, it has utilised Rs 2.26 billion as on 31 December.

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