Hathway Cable and Datacom Profit margin
What is the Profit margin of Hathway Cable and Datacom?
The Profit margin of Hathway Cable and Datacom Limited is 7.25%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Communication Services sector on NSE compared to Hathway Cable and Datacom
What does Hathway Cable and Datacom do?
Hathway Cable and Datacom Limited provides cable television network, Internet, and allied services. It operates through Broadband Business and Cable Television segments. 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. In addition, the company operates H-tube, a channel for broadcasting videos; CCC Â Cine Channel, a 24 hours movie channel; HMART, a shopping channel; and HFLICKS1 and HFLICKS2, which are entertainment channels. The company offers its cable TV services in approximately 350 cities and towns in India. Hathway Cable and Datacom Limited was incorporated in 1959 and is based in Mumbai, India.
Companies with profit margin similar to Hathway Cable and Datacom
- Virat Crane Industries has Profit margin of 7.24%
- Champion Homes has Profit margin of 7.24%
- Kellanova Co has Profit margin of 7.25%
- Trigiant has Profit margin of 7.25%
- Laureate Education Inc has Profit margin of 7.25%
- PGT Innovations Inc has Profit margin of 7.25%
- Hathway Cable and Datacom has Profit margin of 7.25%
- BP plc has Profit margin of 7.25%
- Michelin Nv20 has Profit margin of 7.26%
- UDG Healthcare Plc has Profit margin of 7.26%
- Kingsley Edugroup has Profit margin of 7.26%
- Nexity SA has Profit margin of 7.27%
- Imdex has Profit margin of 7.28%