What was HFCL Ltd.'s net profit in the fourth quarter?

HFCL Ltd. reported a net profit of ₹178.5 crore in the fourth quarter.

How did HFCL Ltd.'s revenue change year-on-year?

HFCL Ltd.'s revenue more than doubled on a year-on-year basis, reaching ₹1,824 crore from ₹800.7 crore.

What was the EBITDA performance for HFCL Ltd. in Q4?

HFCL Ltd.'s EBITDA improved significantly to ₹315 crore in the fourth quarter, compared to an EBITDA loss of ₹36 crore a year ago.

Home / Business and Economy / HFCL Ltd. Profit Soars 11% on Earnings Turnaround

HFCL Ltd. Profit Soars 11% on Earnings Turnaround

30 Apr

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Summary

HFCL Ltd. reported a net profit of ₹178.5 crore in Q4, a significant increase from last year's loss.
Revenue more than doubled year-on-year to ₹1,824 crore from ₹800.7 crore.
EBITDA improved to ₹315 crore, a substantial rise from a loss of ₹36 crore previously.

HFCL Ltd. Profit Soars 11% on Earnings Turnaround

HFCL Ltd., a telecom equipment maker, has reported a significant turnaround in its financial performance for the fourth quarter. The company swung to a net profit of ₹178.5 crore, a stark contrast to the ₹81.4 crore loss recorded in the corresponding period of the previous year.

This positive earnings report led to a notable surge in HFCL's share price, which climbed as much as 11% on Thursday, April 30. The company's revenue also saw substantial growth, more than doubling year-on-year to ₹1,824 crore from ₹800.7 crore.

Furthermore, HFCL's operational performance showed marked improvement. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at ₹315 crore, a significant recovery from the EBITDA loss of ₹36 crore reported a year prior.

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