The company's profit before tax in Q4 FY22 stood at Rs 32.54 crore, down by 27.07% from Rs 44.62 crore posted in Q4 FY21. Total expenses added nearly 7% to Rs 447.57 crore in Q4 FY22 over Q4 FY21.
On a full year basis, the Mumbai headquartered company reported a 48.53% decrease in net profit to Rs 130.35 crore on an 3.54% rise in net sales to Rs 1793.02 crore in FY22 over FY21.
Promoted by the Raheja Group, Hathway Cable & Datacom is one of the largest multiple-system operator (MSO) and cable broadband service providers in India. The company's cable operations straddle across key Indian geographies and offers cable television services across 140 cities and towns and high-speed cable broadband services across 21 cities.
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