Hathway Q4 Net Profit Declines 67.7% to ₹11.25 Cr

Hathway Cable & Datacom Ltd, provider of cable and internet services, has reported a 67.7 per cent decline in its consolidated net profit to Rs 11.25 crore for the fourth quarter ended March 2026.

The company had posted a net profit of Rs 34.8 crore in the January-March period a year ago, according to a regulatory filing by Hathway Cable, owned by Reliance Industries Group, on late Friday.

Its revenue from operations increased 6.37 per cent to Rs 545.85 crore in the March quarter. It was Rs 513.15 crore in the year-ago period.

Hathway's revenue from its Cable TV business was Rs 391.61 crore and Rs 143.15 crore from broadband services in Q4 of FY26.

Total expenses of Hathway Cable rose 6.6 per cent to Rs 543.79 crore.

Hathway Cable's total income, which also includes other income, increased 3.6 per cent to Rs 566.2 crore in the December quarter.

For the entire FY26, the profit of Hathway Cable & Datacom declined 11.13 per cent to Rs 82.24 crore.

Its total income increased 4.52 per cent to Rs 2,243.53 crore for the financial year ended on March 31, 2026.

Meanwhile, in a separate filing, Hathway informed its board in a meeting held on Friday that it had approved the appointment of Gurjeev Singh Kapoor as COO cum CEO designate with effect from April 20, 2026.

Kapoor will take over as the CEO of the company effective September 1, 2026, upon the completion of the term of Tavinderjit Singh Panesar, the current CEO, on August 31, 2026.