Consolidated net sales grew by 2.3% to Rs 448.79 crore in Q4 FY22 over Q4 FY21. Profit before tax slumped 27.1% to Rs 32.54 crore in Q4 FY22 from Rs 44.62 crore in Q4 FY21.
Total expenses spiked 10.8% year on year to Rs 366 crore in Q4 FY22, impacting companys profitability.
On a full year basis, net profit declined 48.6% to Rs 129.99 crore on a 3.5% increase in net sales to Rs 1,793 crore in FY22 over FY21.
Promoted by the Raheja Group, Hathway Cable & Datacom is one of the largest multiple-system operator (MSO) and cable broadband service providers in India.
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