MUMBAI: Even in the choppy waters of cable and broadband, Hathway Bhawani has kept its wires untangled. Hathway Bhawani Cabletel & Datacom Ltd reported a modest consolidated net profit of Rs 0.82 lakh for the quarter ended June 30, 2025, according to its unaudited financial results approved by the board on July 14. This marks a sharp dip from Rs 29.03 lakh in the previous quarter, but a turnaround from a net loss of Rs 11.41 lakh in the corresponding quarter last year.

While revenue from operations inched up marginally by 1 per cent year-on-year to Rs 60.91 lakh, total income for the quarter stood at Rs 61.17 lakh. The company’s share of profit from its joint venture, Hathway Bhawani NDS Network Ltd, contributed Rs 0.27 lakh to the bottom line this quarter.

Operating expenses remained broadly stable, with feed charges at Rs 22.29 lakh, employee benefit expenses at Rs 11.55 lakh, and other expenses slightly lower year-on-year at Rs 17.10 lakh. However, deferred tax and a short provision of Rs 1.46 lakh for earlier years dragged down the profit after tax to a net loss of Rs 0.77 lakh. The company also recorded a minor actuarial gain of Rs 0.05 lakh from remeasurement of benefit plans.

On the standalone front, the picture remained similar revenue matched the group’s performance at Rs 60.91 lakh, but net loss widened slightly to Rs 1.04 lakh due to the same tax adjustments.

The company also addressed long-standing telecom licensing fee demands totalling Rs 4,130.38 lakh from the Department of Telecommunications, reaffirming its legal confidence and reiterating that no provision was necessary based on legal opinion.

While the earnings per share stood at a flat Rs (0.01), the company closed the quarter with stability on most operating metrics. In a sector where volatility often rules the screen, Hathway Bhawani continues to keep the static at bay even if the signal isn’t quite booming just yet.

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