wordpress blog stats
Connect with us

Hi, what are you looking for?

Q3FY19: Hathway Cable reports Rs 134.85 Cr in revenues, 780K broadband subscribers

Hathway Cable reported standalone operational revenues of Rs 134.85 crore for the quarter ended December 31, 2018, this is largely stagnant year-on-year from Rs 138.65 crore in Q3FY18, and Rs 130 crore in the preceding quarter. The company also reported a 73% year-on-year fall in net profit to Rs 6.44 crore from Rs 23.87 crore in Q3FY18.


Subscription revenue was Rs 134.9 crore in this quarter, up 3% over the preceding quarter, and down 3% YoY from Rs 138.7 crore in Q3FY18.

  • 780,000 broadband subscribers, 5% YoY growth
  • 5.54 million homes passed, across 16 cities
  • 15,000 net additions on QoQ basis
  • 40% increase in bandwidth/consumer over the last 9 months
  • Monthly data consumption: 113 GB per consumer per month
  • 50% consumers go over 80 GB per month data consumption
  • Monthly data consumption in Chennai is 167 GB per consumer per month as it is a pure FTTH market
  • 300 mbps is the maximum speed offered, average speed offered was 60 mbps


  • Broadband EBITDA: Rs 51.3 crore
  • Operation margin: 38%
  • ARPU: Rs 700


Cable subscription revenue was Rs 166.3 crore reporting a 12% YoY increase from Rs 148.3 crore in Q3FY18. Operating EBITDA stood at Rs 36.1 crore this quarter.

  • 1 million cable set-top boxes across 350 locations
  • Claims to capture 52% of the MSO cable broadband market
  • 298,000 HD subscribers, up from 200,000 subscribers in Q3FY18, and 262,000 subscribers in Q2FY19
  • 67% of subscribers served via Hathway Connect, and 57% online payments from LCOs

Download: Financials | Presentation

You May Also Like


In the quarter ended December 31, 2020, Info Edge India Ltd. saw recovery in Naukri and 99acres with traffic and engagement up over the...


Delta Corp’s online skill gaming business roped in revenues of Rs 42.33 crore in the quarter ended December 31, 2020, which is an increase...


Info Edge (India) Limited clocked consolidated revenues of Rs. 277.6 crore, down 17% YoY and up 6% QoQ for the quarter ended December 31,...


Twitter’s monetisable daily active users, better known as mDAUs, grew 192 million, up 40 million (or 27% YoY) in the quarter ended December 31,...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ