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February 06, 2016 9:06 PM ET

Media

Company Overview of Hathway Cable & Datacom Ltd.

Company Overview

Hathway Cable & Datacom Limited, a multi system operator, provides cable television network services, Internet services, and allied services. The company offers digital cable TV services; standard definition (SD) and high definition (HD) cable TV channel services; and SD and HD set-top boxes. It also provides home and business broadband services; and operates Hathway Music, a Hindi music channel, as well as operates various local channels. The company offers its services in approximately 160 cities and towns across 20 states in India. It has approximately 11.8 million cable TV subscribers; and 4.5 lakhs broadband subscribers. The company was incorporated in 1959 and is based in Mumbai, India...

Rahejas

4th Floor

Corner of Main Avenue & V. P. Road

Santacruz (West)

Mumbai,  400054

India

Founded in 1959

Phone:

91 22 2600 1306

Fax:

91 22 2600 1307

Key Executives for Hathway Cable & Datacom Ltd.

Chief Executive Officer, Managing Director, Executive Director, Member of Stakeholders' Relationship Committee and Member of Corporate Social Responsibility (CSR) Committee
Age: 53
Total Annual Compensation: $19.3M
Compensation as of Fiscal Year 2015.

Hathway Cable & Datacom Ltd. Key Developments

Hathway Cable & Datacom Ltd Announces Resignation of Brahmal Vasudevan as Director

Hathway Cable & Datacom Ltd. announced that Mr. Brahmal Vasudevan, Independent Director has tendered his resignation as Director with effect from January 13, 2016.

Hathway Cable & Datacom Ltd., Q2 2016 Earnings Call, Nov 09, 2015

Hathway Cable & Datacom Ltd., Q2 2016 Earnings Call, Nov 09, 2015

Hathway Cable & Datacom Ltd. Reports Unaudited Standalone and Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2015

Hathway Cable & Datacom Ltd. reported Unaudited standalone and consolidated earnings results for the second quarter and six months ended September 30, 2015. For the quarter, the company reported Net Sales were INR 2,725.331 million compared with INR 2,627.543 million for the same period last year. Loss from operation before other income, financial cost and exceptional items was INR 273.691 million compared with INR 107.553 million for the same period last year. Loss from ordinary activities before tax was INR 489.379 million compared with INR 392.605 million for the same period last year. Net loss for the period was INR 489.379 million or INR 0.59 basic and diluted per share as compared with net loss for the period of INR 392.605 million or INR 0.51 basic and diluted per share for the same period last year. EBITDA INR 342 million against INR 400 million a year ago. Net debt was 11,863.8 million as on September 30, 2015. For the six months, the company reported Net Sales were INR 5,357.076 million compared with INR 5,123.362 million for the same period last year. Loss from operation before other income, financial cost and exceptional items was INR 538.293 million compared with INR 146.394 million for the same period last year. Loss from ordinary activities before tax was INR 925.501 million compared with INR 401.850 million for the same period last year. Net loss for the period was INR 928.501 million or INR 1.12 basic and diluted per share as compared with net loss for the period of INR 401.850 million or INR 0.52 basic and diluted per share for the same period last year. EBITDA before other income was INR 669 million against INR 839 million a year ago. For the quarter, consolidated net debt was 14,212 million as on September 30, 2015.

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