Hathway Bhawani Cabletel’s profit takes a bit of a tumble

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Hathway Bhawani Cabletel’s profit takes a bit of a tumble

The MSOs earnings wobble, but revenue is up

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MUMBAI: Cable TV company Hathway Bhawani Cabletel & Datacom Ltd has released its financial figures, and it's a bit of a rollercoaster.

For the quarter ended 31 March, 2025, revenue from operations clocked in at Rs 77.36 lakh, a decent step up from the Rs 65.50 lakh in the same quarter last year. Other income also perked up a bit, hitting Rs 16.81 lakh. 

However, when you look at the bottom line, the profit/loss before tax for the year took a bit of a beating. It went from a loss of Rs 0.60 lakh in the previous year to a more robust profit of Rs 5.92 lakh. Still, the net profit/loss for the period tells a slightly different tale, with Rs 4.33 lakh profit compared to Rs (4.29) lakh in the previous year. 

Expenses also played their part. Feed charges remained pretty steady, but employee benefit expenses saw a bit of a nudge upwards. 

Revenue from operations for the year ended 31 March 2025 came  in at Rs 256.80 lakh, compared to Rs 268.33 lakh in the previous year. Other income, however, perked up nicely to Rs 18.37 lakh.

When it comes to expenses, feed charges were relatively stable at Rs 87.99 lakh. However, employee benefit expenses climbed to Rs 59.66 lakh, which is a noticeable jump.

Now, the crucial bit: profit and loss. The profit before tax for the year stood at Rs 5.92 lakh, a swing from the loss of Rs (3.99) lakh in the previous year. Net profit/loss for the year also showed a positive shift, with a profit of Rs 4.33 lakh compared to a loss of Rs (4.29) lakh the year before.

The MSO is contesting a demand from the department of telecommunications (DoT) are still for a hefty Rs 4,130.38 lakh in licence fees, a figure that includes interest and penalties.