Hathway Cable and Datacom in black, posts Rs66.06cr net profit in Q1FY21


Profit Rocket

Hathway Cable and Datacom announced its quarterly results on July 17, 2020. The consolidated net sales in Q1FY21 stood at Rs419.56cr, which declined by 6.72% yoy from Rs449.78cr in Q1FY20.     

EBITDA stood at Rs118.18cr in Q1FY21 that increased by 26.88% yoy. For Q1FY20, it posted EBITDA of Rs93.14cr. EBITDA margin as of Q1FY21 was at 28.17% that increased by7.46% yoy compared to the same quarter, the previous year.     

The consolidated net profit in Q1FY21 came in at Rs66.06cr that increased by 804.26% yoy, as compared to Q1FY20, when it reported a consolidated net loss of Rs9.38cr.The net profit margin in Q1FY21 came in at 15.75% that increased by 17.84% yoy. The net profit margin for Q1FY20 was -2.09%.

The profit attributable to equity shareholders in Q1FY21 is Rs65.92cr as against Rs-9.72cr for the same quarter, previous year. 

The stock closed at Rs43.6 in today’s trade with a gain of 9.96% on BSE.








Particulars

Q1FY21 
(Rs in cr)

Q1FY20
(Rs in cr)

% VAR

Net Sales

419.56

449.78

-6.72

Operating Profit

118.18

93.14

26.88

Net Profit (-Loss)

66.06

-9.38

804.26

EBITDAM%

28.17

20.71

7.46

PATM%

15.75

-2.09

17.84

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