Hathway Cable & Datacom Q2 Results Live : Hathway Cable & Datacom declared their Q2 results on 11 Oct, 2024, showcasing a robust performance with a topline increase of 5.98% and a profit surge of 28.61% year-over-year.
In comparison to the previous quarter, the company reported a revenue growth of 2.02% and an impressive profit increase of 40.52%, indicating strong operational momentum.
Despite the positive financial results, the Selling, General & Administrative expenses rose by 11.89% quarter-over-quarter, although they showed a slight decrease of 0.92% year-over-year.
The operating income displayed remarkable growth, soaring by 707.61% quarter-over-quarter and 155.51% year-over-year, highlighting enhanced operational efficiency.
The Earnings Per Share (EPS) for Q2 stood at ₹0.15, marking a significant increase of 35.88% year-over-year, further illustrating the company's profitability.
However, investors may take note of Hathway Cable & Datacom’s recent stock performance, which has yielded -1.68% return in the last week, -8.25% over the past six months, and -6.08% year-to-date.
Currently, Hathway Cable & Datacom boasts a market capitalization of ₹3524.28 Cr, with a 52-week high of ₹27.95 and a low of ₹17, reflecting its volatility in the market.
Hathway Cable & Datacom Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 512.74 | 502.61 | +2.02% | 483.79 | +5.98% |
| Selling/ General/ Admin Expenses Total | 23.71 | 21.19 | +11.89% | 23.93 | -0.92% |
| Depreciation/ Amortization | 80.79 | 80.79 | -0% | 92.68 | -12.83% |
| Total Operating Expense | 507.15 | 503.53 | +0.72% | 493.86 | +2.69% |
| Operating Income | 5.59 | -0.92 | +707.61% | -10.07 | +155.51% |
| Net Income Before Taxes | 39.88 | 25.29 | +57.69% | 33.93 | +17.54% |
| Net Income | 25.8 | 18.36 | +40.52% | 20.06 | +28.61% |
| Diluted Normalized EPS | 0.15 | 0.1 | +44.98% | 0.11 | +35.88% |
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