Hathway Bhawani Cabletel And Datacom Reports Q4 2023 Financial Results: Net Sales Down 9.73%

In the latest financial report released by Hathway Bhawani Cabletel And Datacom, the company’s consolidated quarterly numbers for the fourth quarter of 2023 reveal a decline in net sales compared to the same period last year. This article aims to provide a comprehensive analysis of the financial results, highlighting the key figures and shedding light on the factors that may have influenced these outcomes.

A Decline in Net Sales

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According to the reported numbers, Hathway Bhawani Cabletel And Datacom recorded net sales of Rs. 0.67 crore in December 2023, reflecting a decrease of 9.73% compared to the net sales of Rs. 0.74 crore in December 20221. This decline raises questions about the factors contributing to the decrease in sales and the potential impact on the company’s overall performance.

Profitability and EBITDA

Alongside the decline in net sales, the quarterly net profit also experienced a significant decrease. Hathway Bhawani Cabletel And Datacom reported a net profit of Rs. 0.02 crore in December 2023, marking a substantial decline of 68.59% compared to the net profit of Rs. 0.07 crore in December 20221. This decline in profitability may indicate challenges faced by the company in the given period.

Additionally, the EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) figure also experienced a decline. Hathway Bhawani Cabletel And Datacom’s EBITDA stood at Rs. 0.08 crore in December 2023, down by 46.67% compared to the EBITDA of Rs. 0.15 crore in December 20221. This decline in EBITDA suggests that the company faced increased costs or reduced efficiency during the reporting period.

Earnings per Share (EPS)

Hathway Bhawani Cabletel And Datacom’s Earnings per Share (EPS) is an important metric that provides insight into the company’s profitability on a per-share basis. The report shows a decrease in EPS, with Hathway Bhawani EPS decreasing to Rs. 0.03 in December 2023 from Rs. 0.09 in December 20221. This decline may raise concerns among investors regarding the company’s ability to generate earnings and deliver value to its shareholders.

 

 

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Stock Performance

Monitoring stock performance is crucial for investors, and Hathway Bhawani Cabletel And Datacom’s shares have shown mixed results over different time periods. As of January 16, 2024, the company’s shares closed at 20.83 on the Bombay Stock Exchange (BSE)1. Looking at the past 6 months, the shares have provided a return of 26.24%, while over the last 12 months, the return has been 1.61%1. Such insights into the company’s stock performance give investors a clearer picture of its financial stability and growth potential.

 

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Hathway Bhawani Cabletel And Datacom’s latest financial report reveals a decline in net sales, profitability, and EBITDA. This decline, reflected in the company’s financial performance, raises questions about its ability to generate revenue and maintain profitability in the face of challenges. Investors and stakeholders should carefully analyze these figures, considering various factors that may have contributed to the decline. By closely monitoring the company’s financial performance and potential growth opportunities, investors can make informed decisions regarding their investments.

 

Source:moneycontrol.com

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