
Hathway Cable Q4 profit at Rs 35 crore
New Delhi:
Hathway Cable & Datacom Ltd
, provider of cable and internet services, on Tuesday reported a marginal increase in consolidated net profit at Rs 34.8 crore for the fourth quarter ended March 2025. The company had posted a net profit of Rs 34.57 crore in the January-March period a year ago, according to a regulatory filing from
Hathway
Cable, a firm owned by
Reliance Industries Group
.
Revenue from operations was up at Rs 513.15 crore from Rs 493.37 crore a year ago.
Hathway's revenue from its cable TV business was at Rs 346.09 crore and Rs 149.35 crore from broadband services in Q4 FY25.
Total income, which also includes other income, was up 2.43% to Rs 546.6 crore in the March quarter.
Total expenses were up 3.36% to Rs 510.15 crore.
However, the net profit in FY25 was down 6.8% to Rs 92.54 crore from Rs 99.29 crore a year ago. Total income during the year was up 1.3% to Rs 2,146.35 crore.
Meanwhile, in a separate filing, Hathway informed it has amalgamated five step-down wholly-owned subsidiaries - Hathway Kokan Crystal Cable Network, Hathway Bhaskar CCN Multi Entertainment, Hathway Cable MCN Nanded, Channels India Network and Elite Cable Network - with Hathway Digital Limited (HDL).
HDL is a wholly-owned subsidiary and the amalgamation is effective from April 22, 2025.
Shares of Hathway Cable & Datacom Ltd on Tuesday settled at Rs 14.54 apiece on BSE, up 2.97% from the previous close.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)

Business Standard
26 minutes ago
- Business Standard
Vedanta, 2 others to trade ex-dividend on June 24; do you own any?
Dividend stocks: Shares of Vedanta, Polycab India, and Alkyl Amines Chemicals are set to remain in spotlight today, June 23, following their announcement of dividend rewards for their shareholders. These shares, BSE data suggest, will trade ex-dividend tomorrow, June 24. The ex-dividend date is when a stock starts trading without the right to receive the declared dividend. To be eligible, investors must own the stock before this date. Companies determine the list of eligible shareholders based on their records on the record date. Vedanta dividend 2025 Metal and mining major Vedanta informed the exchanges that its board of directors has considered and approved the first interim dividend of ₹7 per equity share on face value of ₹1 per equity share for the Financial Year 2025-26, amounting to ₹2,737 crore. The record date for the purpose of payment of dividend, Vedanta said, shall be Tuesday, June 24, 2025, and the interim dividend shall be duly paid within the stipulated timelines as prescribed under law. Polycab India dividend 2025 Wires and cables manufacturer Polycab India 's board has recommended a dividend @ 350 per cent i.e. ₹35 per equity share of face value of ₹10 each for the Financial Year 2024-25, subject to approval of members at the ensuing Annual General Meeting. "The dividend, if approved by the members in the ensuing Annual General Meeting, will be paid on or before 30 days from the date of the Annual General Meeting," said the company in an exchange filing. Alkyl Amines Chemicals dividend 2025 Specialty chemicals manufacturer Alkyl Amines Chemicals has informed the exchanges that its board has recommended a final dividend of ₹10 per equity share of ₹2 each (i.e., 500 per cent) for the Financial Year (F.Y.) 2024-25. The dividend is, however, subject to approval by the shareholders at the ensuing Annual General Meeting. Alkyl Amines Chemicals has fixed Tuesday, June 24, 2025, as the 'record date' for determining entitlement of members to dividend for the financial year ended March 31, 2025, if approved at the AGM.
&w=3840&q=100)

Business Standard
26 minutes ago
- Business Standard
Arisinfra Solutions IPO allotment today; check status, GMP, listing date
Arisinfra Solutions IPO allotment status: The basis of allotment for the Arisinfra Solutions IPO shares is likely to be finalised today, Monday, June 23, 2025. The public offering closed for subscription on Friday, June 20, 2025, receiving decent participation from investors and getting oversubscribed by 2.65 times. Here's how to check Arisinfra Solutions IPO online Once the Arisinfra Solutions IPO allotment is finalised, investors can check their status on the official websites of BSE, NSE, or MUFG Intime India (erstwhile Link Intime), the registrar for the issue. Alternatively, investors can use these direct links to check the Arisinfra Solutions IPO allotment status directly: Arisinfra Solutions IPO final subscription status The ₹499.60 crore public offering of Arisinfra Solutions, offered at a price band of ₹210–222 with a lot size of 67 shares, received bids for 3,46,72,835 shares against the 1,30,84,656 shares offered. This led to an oversubscription of 2.65 times by the end of the subscription period, according to data available on the BSE. Arisinfra Solutions IPO witnessed the highest participation from the retail investors who subscribed to 5.59 times the portion reserved for them, non-institutional investors (NIIs) at 3.14 times, and qualified institutional buyers (QIBs) at 1.42 times. Arisinfra Solutions IPO grey market premium (GMP) today According to sources tracking unofficial market activities, the unlisted shares of Arisinfra Solutions were seen trading flat at ₹222 per share. Thus, the grey market premium (GMP) for Arisinfra Solutions IPO remains nil on Monday. Arisinfra Solutions IPO likely listing price Shares of Arisinfra Solutions are scheduled to list on the BSE and NSE on Wednesday, June 25, 2025. The current grey market trends indicate a flat listing of Arisinfra Solutions shares. However, these estimates may vary, as the grey market is unregulated, and GMP should not be considered a reliable indicator of performance. About Arisinfra Solutions Incorporated in 2021, Arisinfra Solutions is a B2B technology-driven platform that simplifies procurement processes for construction and infrastructure companies. The company delivers a range of construction materials, including steel, cement, and aggregates. The company's product portfolio includes GI pipes, MS wire, and OPC bulk cement. Arisinfra Solutions has a subsidiary, ArisUnitern Re Solutions Private, which provides value-added services to real estate developers.


Time of India
35 minutes ago
- Time of India
Zen Technologies shares in focus after board approves acquisition of TISA Aerospace
Shares of Zen Technologies are likely to be in focus on Monday, June 23, following the company's announcement of a proposed acquisition of a majority stake in TISA Aerospace, an emerging defence technology firm specialising in loitering munitions and unmanned aerial vehicles (UAVs). In an exchange filing, Zen Technologies disclosed that its Board of Directors, at a meeting held on Saturday, approved an investment of up to Rs 6.56 crore towards the proposed acquisition. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Costco Shoppers Say This Wrinkle Cream Is "Actually Worth It" The Skincare Magazine Undo The investment will be executed through two components: The acquisition of 2,06,518 equity shares of Rs 10 each from an existing shareholder of TISA Aerospace, representing 54.67% of the total equity paid-up share capital of the company. The acquisition of 4,00,000 units of 6% Compulsory Convertible Debentures (CCDs) of Rs 100 face value each, from an existing CCD holder, also issued by TISA. The Board of Directors has unanimously approved the investment, which involves acquiring shares from current stakeholders of TISA as well as CCDs previously issued by TISA. The company stated that the transaction represents an investment in a domain of strategic relevance, comprising indigenously developed defence technologies. Live Events TISA Aerospace is positioned as a domestic player within the high-technology defence ecosystem. The company is engaged in the development of loitering munitions and UAVs—both of which are key segments within the evolving landscape of modern precision-guided weapon systems. Zen Technologies, through this acquisition, is entering a segment associated with advanced defence applications. 'This acquisition is a decisive step towards strengthening Zen's position in the rapidly evolving defence drone sector. TISA's expertise in loitering munitions provides us with immediate access to advanced technologies and platforms that align with the emerging operational requirements of the Armed Forces. TISA has achieved significant R&D milestones, including the successful execution of a project for DRDO with critical design assistance from IIT Madras. By integrating these capabilities with our existing strengths in anti-drone systems and propulsion technologies, we are building a broader and more future-ready defence portfolio,' said Ashok Atluri, Chairman and Managing Director of ZenTechnologies. Also read: How will US strikes on Iran affect Indian markets this week? Shares of Zen Technologies closed flat at Rs 1,900.30 on the BSE on Friday. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)