Total expenses spiked 10.8% year on year to Rs 366 crore in Q4 FY22, impacting company's profitability.
On a full year basis, net profit declined 48.6% to Rs 129.99 crore on a 3.5% increase in net sales to Rs 1,793 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.