HFCL Q2 net profit jumps 448% to Rs 394 crore
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓HFCL reported a net profit of Rs 394.22 crore for July-September, a 448.14% jump.
- ✓Revenue rose to Rs 2,541.79 crore, marking the firm's best quarter ever.
- ✓Managing director Mahendra Nahata said, "Demand continues to accelerate across AI infrastructure, hyperscale data centres and telecom networks." The company expects strong growth in FY27.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Economic Times
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Mumbai: Telecom equipment and optical fibre maker HFCL reported a fivefold increase in its net profit for July-September, while revenue rose nearly 2.44 times, making it the company's best quarter to date.
Net profit surged 448.14% year-on-year to ₹394.22 crore from ₹71.92 crore a year ago, while revenue increased 143.62% to ₹2,541.79 crore from ₹1,043.34 crore. Sequentially, profit increased 60.49% from the previous month, and revenue rose 32.73%.
"Demand continues to accelerate across AI infrastructure, hyperscale data centres and telecom networks. Opportunities with international hyperscalers and telecom operators are steadily converting into firm contracts," said managing director Mahendra Nahata.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Economic Times
Read the full, original unfiltered story directly on the publisher's portal.