Hathway Bhawani Cabletel & Datacom announces Q2 Report: Revenue Dropped by 10.65% YoY

The comprehensive analytics outlining the performance and outlook of Hathway Bhawani Cabletel & Datacom‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Hathway Bhawani Cabletel & Datacom’s financial performance for the Q2(Sep 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -10.65 %. However, it did see a marginal increase of 0.5 % from the previous quarter. Expenses decreased slightly by -4.41 % quarter-on-quarter, aligning with the annual decline of -5.8 %. Operating profit, while down -400 % compared to last year, faced a quarter-on-quarter increase of 37.5 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -6.8 %, but an expansion of 5.03 % sequentially. Other income rose by 250 % compared to the last quarter, despite an annual growth of 75 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -60 % but saw an increase from the preceding quarter by 33.33 %.
Tax expenses as a percentage of profits decreased slightly by -13.47 % compared to last year, with a more notable quarter-on-quarter decrease of -0.12 %. Net profit fell by -20 % year-on-year but experienced a 33.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -16.67 % but a quarterly rise of 36.36 %. In summary, Hathway Bhawani Cabletel & Datacom’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Hathway Bhawani Cabletel & Datacom’s 2024(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -10.65 % year-on-year, however, there was a minor increase of 0.5 % from the previous quarter. Expenses decreased by -5.8 % compared to the previous year, with a decrease of -4.41 % quarter-on-quarter. Operating Profit dropped by -400 % annually, and saw a 37.5 % increase from the last quarter.
Net Profit showed yearly decrease of -20 %, and experienced a 33.33 % increase from the previous quarter. Earnings Per Share (EPS) fell by -16.67 % annually, however rose by 36.36 % compared to the last quarter. In essence, while Hathway Bhawani Cabletel & Datacom faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.