Hathway Cable jumps as its Q2FY25 consolidated net profit rises by 29%
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Hathway Cable & Datacom is currently trading at Rs. 20.60, up by 0.52 points or 2.59% from its previous closing of Rs. 20.08 on the BSE.
The scrip opened at Rs. 20.51 and has touched a high and low of Rs. 21.10 and Rs. 20.51 respectively. So far 980178 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 27.90 on 06-Feb-2024 and a 52 week low of Rs. 17.01 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 21.10 and Rs. 18.92 respectively. The current market cap of the company is Rs. 3658.81 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 3.13% and 21.87% respectively.
Hathway Cable & Datacom has reported 15.99% rise in its net profit at Rs 36.85 crore for the quarter ended September 30, 2024 as compared to Rs 31.77 crore for the same quarter in the previous year. Total income of the company increased by 2.98% at Rs 196.91 crore for Q2FY25 as compared to Rs 191.21 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 28.71% rise in net profit at Rs 25.78 crore for Q2FY25 as compared to Rs 20.03 crore for the same quarter in the previous year. Total income of the company increased by 5.15% at Rs 543.26 crore for Q2FY25 as compared to Rs 516.63 crore for the corresponding quarter previous year.
