Hathway Bhawani FY26 Results 2026: Revenue down, loss

Hathway Bhawani Cabletel & Datacom Limited has reported weaker audited financial performance for the quarter and full year ended March 31, 2026, with revenue declining and the company moving into a loss.

The results were approved by the board at a meeting held on April 14, 2026, and submitted to BSE Limited under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board meeting began at 4:15 p.m. and concluded at 4:55 p.m., and the Audit Committee reviewed the results before the board approval.

Q4FY26: revenue slipped, profit turned to loss

For the fourth quarter, the company reported sales of ₹0.597 crore, down from ₹0.774 crore in the same quarter last year. Revenue for the quarter stood at ₹0.623 crore, compared with ₹0.942 crore a year earlier.

The quarter ended with a net loss of ₹0.175 crore, versus net income of ₹0.233 crore in Q4FY25. Basic loss per share from continuing operations was ₹(0.22), compared with basic earnings per share of ₹0.29 in the year-ago quarter. Diluted loss per share from continuing operations was also ₹(0.22), compared with ₹0.29 in Q4FY25.

FY26: full-year revenue lower, net loss reported

For the full year, sales were ₹2.385 crore compared with ₹2.568 crore in FY25. Revenue was ₹2.419 crore compared with ₹2.752 crore a year earlier.

The company reported a net loss of ₹0.170 crore for FY26, compared with net income of ₹0.043 crore in FY25. Basic loss per share from continuing operations was ₹(0.21), versus basic earnings per share of ₹0.05 in FY25. Diluted loss per share from continuing operations was ₹(0.21), compared with ₹0.05 a year ago.

Consolidated audited snapshot: key year-on-year shifts

The audited consolidated numbers show that both revenue from operations and total income declined year-on-year in Q4 and the full year. Even with lower costs versus FY25, the company reported a net loss for FY26.

The company’s reported “revenue from operations” for Q4FY26 was ₹0.597 crore, while “total income” was ₹0.623 crore. For FY26, revenue from operations was ₹2.385 crore and total income was ₹2.419 crore.

Standalone audited snapshot: exceptional items weighed on results

Alongside consolidated results, the company also reported standalone audited figures that included exceptional items. On a standalone basis, revenue from operations was ₹0.550 crore in Q4FY26 and ₹2.338 crore in FY26.

Exceptional items were reported at ₹0.397 crore in Q4FY26 and ₹0.397 crore for the full year. Standalone net loss was ₹0.420 crore in Q4FY26 and ₹0.413 crore in FY26, compared with standalone profit of ₹0.234 crore in Q4FY25 and ₹0.053 crore in FY25.

Expenses: FY26 costs declined, but losses persisted

Total expenses for FY26 were reported at ₹2.446 crore, down from ₹2.683 crore in the previous year. The company disclosed several major components within this full-year expense base.

Feed charges were ₹0.915 crore, employee benefit expenses were ₹0.401 crore, and other expenses were ₹0.734 crore. These figures explain where a significant portion of the cost base sits, even as the overall expense number moved lower year-on-year.

Auditor’s view: unmodified opinion reported

Nayan Parikh & Co., Chartered Accountants, provided unmodified opinions on both the consolidated and standalone audited financial results. The auditors stated that the results comply with Indian Accounting Standards and present a true and fair view of the company’s financial position.

For investors, an unmodified audit opinion typically indicates that the auditor did not identify material misstatements requiring qualification, based on the information reviewed and audit procedures performed.

Corporate update: subsidiary stake acquisition

The company disclosed that it acquired the remaining 49% stake in Hathway Bhawani NDS Network Limited, making it a wholly owned subsidiary. This changes the ownership structure of the subsidiary and can influence how financials are consolidated going forward.

The update was presented alongside the audited results context, as part of the company’s wider set of disclosures around the FY26 close.

Key numbers at a glance (audited)

Other regulatory and disclosure context

The company’s submission of audited results to BSE was made under SEBI’s Regulation 33 requirements, which govern financial results disclosure by listed entities. The board and Audit Committee process, including meeting timings, was also disclosed as part of the outcome.

Separately, the company has previously disclosed that it continues to contest Department of Telecommunications (DoT) demands of ₹41.304 crore for licence fees. This disclosure was referenced in the company’s earlier exchange communication during FY26.

What investors may track after the FY26 close

The FY26 audited results establish a clear year-on-year decline in revenue and a move from profit to loss at the consolidated level. The standalone results show a larger loss figure, with exceptional items forming a significant part of the gap.

Next disclosures to watch typically include subsequent quarterly financial updates, any additional details the company provides around exceptional items, and further updates on the subsidiary structure following the acquisition of the remaining stake.

Conclusion

Hathway Bhawani Cabletel & Datacom closed FY26 with lower revenue and a consolidated net loss, following a weaker Q4 compared with the same period last year. The audited results were approved on April 14, 2026, and filed with BSE under SEBI’s disclosure framework, with the auditor issuing an unmodified opinion.