From The Economic Times · Veer Sharma · · 1m 10s
HFCL Q2 Profit Surges 448% YoY to Rs 394 Crore
HFCL's Q2 profit jumps 448% year-on-year to Rs 394 crore, hitting 5% upper circuit on BSE.
In brief
HFCL's Q2 profit jumps 448% year-on-year to Rs 394 crore, hitting 5% upper circuit on BSE. HFCL reported a 448% year-on-year increase in Q2FY27 net profit to Rs 394 crore, with stock hitting 5% upper circuit on BSE. Originally reported by The Economic Times.
HFCL Q2 Profit
HFCL reported a 448% year-on-year jump in Q2FY27 net profit to Rs 394 crore.
Stock Performance
HFCL stock hit 5% upper circuit to Rs 268.70 on BSE, up nearly 300% this year.
Revenue Growth
Revenue from operations rose 144% year-on-year to Rs 2,542 crore, with sequential growth of 33%.
EBITDA Surge
EBITDA surged 223.55% year-on-year and 47.78% quarter-on-quarter to Rs 658 crore.
Order Book Strength
Order book exceeds Rs 28,900 crore with pipeline providing revenue visibility for six to seven years.
Growth Strategy
HFCL plans Rs 1,800 crore investment in optical fibre, cable and preform manufacturing to expand capacity.
Defence Business
Defence and aerospace business targets Rs 500 crore revenue in FY27 with acquisition expected this quarter.
At a glance
HFCL reported a 448% year-on-year increase in Q2FY27 net profit to Rs 394 crore, with stock hitting 5% upper circuit on BSE.
