HFCL Q2 Net Profit Jumps 448% to ₹394.22 Crore
HFCL reported net profit of ₹394.22 crore for July–September, up 448.14% year on year from ₹71.92 crore. Revenue rose nearly 2.44 times, and the company said it was its best quarter to date.
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04:13:15 AM UTC
SquawkNews
HFCL Posts Record Q2, Profit Jumps 5x, Revenue Over 2-fold
Our Bureau 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…