Hathway released its quarterly earnings for Q2FY19: Revenues: Rs 138 crore, increasing marginally by 6% YoY from Rs 130 crore in Q2FY18 PAT: Loss of Rs 5.9 crore, from a profit of Rs 14 crore in Q2FY18 Hathway Broadband made no net subscriber additions in the quarter; the total number of broadband subscribers is stable at 770,000. Last quarter, the company had lost 30,000 subscribers. 72 lakh shares of Hathway's parent company GTPL Hathway were sold, reducing the company's stake in Hathway Cable to 37.2% from 50%. Broadband Total revenues from the segment remained more or less flat YoY at Rs 1,30 crore in the quarter. The broadband business has 770,000 subscribers in 16 cities, it gained 71,000 net subscribers in a year. The division registered losses ofRs 5.9 crore, from a Profit after Tax (PAT) of Rs 14 crorein Q2FY18. Homes passed: 25,000…
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