Hathway Cable Q2FY21 (YoY)
· Revenue down 2.5% to Rs 431.2 crore
· Net profit of Rs 52.2 crore from net loss of Rs 2.6 crore
· Ebitda up 14.7% to Rs 120.4 crore
· Ebitda margin at 27.9% from 23.8%
· Broadband business revenue up 10% to Rs 153.3 crore Cable TV business revenue down 8.2% to Rs 277.9 crore
· Lower other expenses aid margin expansion Lower finance costs, depreciation helped return to profit