Hathway Cable Q1 Results FY27: Net Profit Falls 11% to Rs 24 Crore as Gross Profit Turns Negative
- July 17, 2026
- Posted by: Neeraj Pandey
- Category: News
Hathway Cable Q1 FY27: PAT Rs 24 Cr, down 11% YoY. Revenue Rs 565 Cr, up 6%. Gross profit -Rs 0.00 Cr, turned negative from Rs 3 Cr. Stock down 1.16% at Rs 11.08.
Hathway Cable Q1 results FY27 were announced on Thursday, 16 July 2026, with the cable television and broadband distribution company reporting a net profit of Rs 24 crore, down 11% from Rs 27 crore in the year ago quarter. Revenue in the Hathway Cable Q1 results FY27 grew a modest 6% year on year to Rs 565 crore from Rs 531 crore, even as gross profit turned negative, swinging from a profit of Rs 3 crore to essentially breakeven or a marginal loss.
Shares of Hathway Cable and Datacom fell 1.16% to close at Rs 11.08, with the market reacting to the profit decline and the swing to negative gross profitability despite modest revenue growth for the quarter.
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Hathway Cable Q1 Results FY27 Key Takeaways
Here are the most important numbers and takeaways from the Hathway Cable Q1 results FY27 at a glance.
- Net Profit (PAT): Rs 24 Cr in Q1 FY27 versus Rs 27 Cr in Q1 FY26, down 11% year on year.
- Revenue: Rs 565 Cr in Q1 FY27 versus Rs 531 Cr in Q1 FY26, up 6% year on year.
- Gross Profit / (Loss): ~Rs 0 Cr in Q1 FY27 versus Rs 3 Cr in Q1 FY26, turned negative.
- Results announced on Thursday, 16 July 2026 for the quarter ended 30 June 2026.
- Hathway Cable and Datacom share price fell 1.16% to close at Rs 11.08 after the Hathway Cable Q1 results FY27, reflecting market concern over the profit decline and negative gross profitability.
Hathway Cable Q1 Results FY27 Financial Highlights
The June quarter showed modest revenue growth alongside declining net profit and gross profit turning negative, a combination central to the Hathway Cable Q1 results FY27. The table below summarises the numbers against the year ago quarter.
| Metric | Q1 FY27 | Q1 FY26 | YoY Change |
|---|---|---|---|
| Revenue | Rs 565 Cr | Rs 531 Cr | +6% |
| Gross Profit / (Loss) | ~Rs 0 Cr | Rs 3 Cr | Turned negative |
| Net Profit (PAT) | Rs 24 Cr | Rs 27 Cr | -11% |
With gross profit swinging to essentially breakeven from a positive Rs 3 crore in the Hathway Cable Q1 results FY27, the positive net profit this quarter appears to depend significantly on other income rather than core cable and broadband distribution operations.
Hathway Cable Q1 Results FY27 Performance Analysis
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The modest 6% revenue growth in the Hathway Cable Q1 results FY27 reflects the well-documented structural pressure facing traditional cable television distribution businesses, as consumers increasingly shift toward OTT and digital streaming platforms, even as the company’s broadband business likely provides some offsetting growth.
Gross profit turning negative, even marginally, suggests content and operating costs continue to outpace subscription and carriage revenue in the cable distribution segment, a challenging dynamic facing legacy cable operators across the industry.
That the company still reported a net profit of Rs 24 crore in the Hathway Cable Q1 results FY27 despite the negative gross profit suggests other income played a significant role in the quarter’s bottom line, a distinction investors should keep in mind when assessing underlying business health.
Hathway Cable Q1 Results FY27: Key Business Factors
1. Structural Decline in Cable TV Subscriptions
The broader shift of consumers toward OTT and digital streaming continues to pressure legacy cable distribution revenue and margins, a headwind reflected in the gross profit weakness within the Hathway Cable Q1 results FY27.
2. Broadband Growth Partially Offsetting Cable Decline
Revenue growth of 6% likely reflects continued broadband subscriber growth helping offset structural pressure in the legacy cable television distribution business.
3. Dependence on Other Income for Net Profitability
With gross profit turning negative in the Hathway Cable Q1 results FY27, the positive net profit appears to depend significantly on non-operating income, a less predictable source of earnings compared with core distribution operations.
Dividend Details
No new dividend was announced specifically alongside the Hathway Cable Q1 results FY27. Given the operating-level pressure this quarter, near-term capital allocation is likely to prioritise managing the core cable and broadband distribution business challenges.
Hathway Cable Q1 Results FY27 Outlook for the Full Year
The structural decline in traditional cable television subscriptions is likely to remain a persistent headwind, and investors should track whether the company’s broadband business can grow fast enough to offset this pressure. Any strategic shifts toward digital or expanded broadband offerings would be worth monitoring through the rest of FY27.
Hathway Cable and Datacom Stock Performance After the Q1 Results
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Hathway Cable and Datacom share price fell 1.16% to close at Rs 11.08 after the Hathway Cable Q1 results FY27, reflecting market concern over the profit decline and negative gross profitability.
As a legacy cable television stock facing well-known structural industry headwinds, the counter has traded at a low absolute price for some time, with investor expectations for the sector already reflecting the ongoing challenges facing traditional distribution businesses.
Investors can compare the trend of the counter with the Nifty 500 index to judge how the stock is placed relative to the broader market after the June quarter results.
Key Risks
Investors going through the fine print of the Hathway Cable Q1 results FY27 should also weigh the following risks.
1. Continued Cable Subscriber Erosion
The core business challenge reflected in the Hathway Cable Q1 results FY27, structural decline in cable television subscriptions due to OTT competition, shows no clear sign of reversing and remains the central risk facing the company.
2. Operating-Level Losses in Core Cable Business
With gross profit now negative, the sustainability of net profit depends increasingly on non-operating income, a less predictable and potentially less durable source of earnings.
3. Competitive Broadband Market
The broadband internet market in India remains highly competitive, with telecom operators and other players vying for market share, which could pressure the company’s growth offset strategy over time.
Conclusion
Hathway Cable Q1 results FY27 show PAT down 11% to Rs 24 crore on modest revenue growth of 6% to Rs 565 crore, with gross profit turning negative, reflecting the structural pressures facing the cable television industry. Modest revenue growth from broadband is a partial offset in the Hathway Cable Q1 results FY27, against persistent operating-level weakness in the core cable business. Investors should track broadband growth trends and consult a SEBI-registered advisor before acting on the numbers.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Hathway Cable Q1 Results FY27
When were the Hathway Cable Q1 Results FY27 announced?
Ans. The Hathway Cable Q1 results FY27 were announced on Thursday, 16 July 2026, for the quarter ended 30 June 2026.
What is the PAT in Hathway Cable Q1 Results FY27?
Ans. The PAT in Hathway Cable Q1 results FY27 fell 11% year on year to Rs 24 crore from Rs 27 crore.
What was the revenue in Hathway Cable Q1 Results FY27?
Ans. Revenue in the Hathway Cable Q1 results FY27 grew a modest 6% year on year to Rs 565 crore from Rs 531 crore.
Why did gross profit turn negative in Hathway Cable Q1 Results FY27?
Ans. Gross profit in the Hathway Cable Q1 results FY27 turned negative, swinging from a positive Rs 3 crore, reflecting rising content and operating costs against modest revenue growth amid structural cable TV industry decline.
How did Hathway Cable share price react to the Q1 Results FY27?
Ans. Hathway Cable and Datacom share price fell 1.16% to close at Rs 11.08 after the Hathway Cable Q1 results FY27.
Is Hathway Cable a good buy after the Q1 Results FY27?
Ans. The Hathway Cable Q1 results FY27 show declining profitability amid structural industry headwinds facing traditional cable television distribution. This article is for educational purposes only. Consult a SEBI-registered advisor before investing.
What was the gross profit in the Hathway Cable Q1 results FY27?
Ans. Gross profit in the Hathway Cable Q1 results FY27 came in at ~Rs 0 Cr in Q1 FY27, compared with Rs 3 Cr in Q1 FY26. The year on year trend: turned negative.
Was any dividend announced with the Hathway Cable Q1 results FY27?
Ans. No new dividend was announced specifically alongside the Hathway Cable Q1 results FY27. Investors should track official NSE and BSE announcements for any future dividend declarations.
