HFCL Q2 results: Net profit jumps fivefold, revenue up 144%
India, Oct. 19 -- HFCL has reported a 143.62% year-on-year increase in consolidated revenue, up from Rs 1,043.34 crore to Rs 2,541.79 crore in the second quarter of FY2027. Its net profit rose more than fivefold to Rs 394.22 crore from Rs 71.92 crore a year earlier, supported by higher product sales and improved operating margins.
The company, which operates in optical fibre, optical fibre cables, connectivity solutions, telecom equipment, defence and aerospace products, and digital infrastructure, reported a 32.73% sequential increase in revenue from Rs 1,914.98 crore in Q1 FY2027. Profit after tax grew 448.14% year-on-year and 60.49% quarter-on-quarter.
According to the results announced on Monday, earnings before interest, tax, depre...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.