HFCL consolidated net profit rises 15.5% Y-oY to Rs 79 cr in March quarter

Telecom gear maker HFCL on Monday reported about 15.5 per cent year-on-year rise in consolidated net profit to about Rs 79 crore in the March quarter. Its net profit stood at about Rs 68 crore in the year-ago period. The company's revenue rose 21.13 per cent to about Rs 1,433 crore for the fourth quarter ended March 2023. HFCL Managing Director Mahendra Nahata said the company remains focused on its strategy of increasing revenue from margin accretive products, expansion of capacities coupled with high-level backward integration, huge impetus on R&D, increased customer base and geographical expansion. "Amid the global economic challenges, India remains a promising economy and is expected to emerge as the fastest-growing in the world. Our company has also been able to withstand the economic challenges and has shown sturdy performance in FY22-23," Nahata said in an earnings statement. For the full FY2023, the net profit fell 2.5 per cent to Rs 317.7 crore against about Rs 326 crore
08-05-2023
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HFCL Ltd - 500183 - Disclosures Under Regulation 23(9) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations').

In terms of Regulation 23(9) of the SEBI Listing Regulations read with SEBI Circular No.SEBI/HO/CFD/CMD1/CIR/P/2021/662 dated November 22, 2021, we are submitting herewith the disclosures of the Related Party Transactions, for the half year ended March 31, 2023, in the PDF format as specified by the Securities and Exchange Board of India. The aforesaid disclosures are also being filed with stock exchanges in the prescribed XBRL format Please note that aforesaid details of related party transactions will also be available on the Company's website at www.hfcl.com.
08-05-2023
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HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Investor Presentation

We hereby submit a copy of the Earnings' Presentation on, inter-alia, the Audited Financial Results of the Company for the 4th Quarter and Financial Year ended March 31, 2023, both on Standalone and Consolidated basis, to be discussed during the Earnings' Call scheduled to be held on Tuesday, May 09, 2023 at 04:00 p.m. It may be noted that the Board of Directors of the Company has, considered and approved the aforesaid Financial Results of the Company, in its meeting held on May 08, 2023.
08-05-2023
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HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

We hereby also submit a copy of the Press Release on the Audited Financial Results of the Company for the 4th quarter and Financial Year ended March 31, 2023 both on Standalone and Consolidated basis.
08-05-2023
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HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Dividend Updates

Dividend for the financial year 2022-23 @ 20%, i.e., Re. 0.20/- per equity share of face value Re.1/- each, out of the Profits of the Company for the financial year 2022-23, which shall be paid, subject to the approval of the shareholders in the ensuing annual general meeting or other authorities, wherever required. The Dividend for the financial year ended March 31, 2023, if declared, at the ensuing annual general meeting, will be paid to the shareholders, within 30 days from the date of declaration.
08-05-2023
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HFCL Ltd - 500183 - Audited Financial Results Of The Company For The 4Th Quarter And Financial Year Ended March 31, 2023,

Audited Financial Results of the Company for the 4th Quarter and Financial Year ended March 31, 2023, along with Statement of Profit & Loss, Statement of Assets & Liabilities and the Statement of Cash Flow, for the financial year ended March 31, 2023, both on Standalone and Consolidated basis. These results have been duly reviewed by the Audit Committee and audited by M/s S. Bhandari & Co. LLP, Chartered Accountants and M/s Oswal Sunil & Company, Chartered Accountants, Statutory Auditors of the Company. The copies of the aforesaid Financial Results along with the Auditors' Reports thereon issued by M/s S. Bhandari & Co. LLP, Chartered Accountants and M/s Oswal Sunil & Company, Chartered Accountants, Statutory Auditors of the Company and Declaration on Unmodified Opinion on the Audit Reports on Financial Results, both on Standalone and Consolidated basis, are enclosed herewith.
08-05-2023
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HFCL Ltd - 500183 - Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Held On May 08, 2023

Audited Financial Results of the Company for the 4th Quarter and Financial Year ended March 31, 2023, along with Statement of Profit & Loss, Statement of Assets & Liabilities and the Statement of Cash Flow, for the financial year ended March 31, 2023, both on Standalone and Consolidated basis. Dividend for the financial year 2022-23 @ 20%, i.e., Re. 0.20/- per equity share of face value Re.1/- each, out of the Profits of the Company for the financial year 2022-23, which shall be paid, subject to the approval of the shareholders in the ensuing annual general meeting or other authorities, wherever required. The Dividend for the financial year ended March 31, 2023, if declared, at the ensuing annual general meeting, will be paid to the shareholders, within 30 days from the date of declaration.
08-05-2023
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HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

In terms of Regulation 30 read with Para A of Part A of Schedule III to the SEBI Listing Regulations, we wish to inform you that the Company will host an audio Earnings Conference Call for 60 Minutes, as per following schedule:- Day, Date & Time of the Conference Call : Tuesday, May 09, 2023 04:00 p.m. (IST) Purpose : To discuss Audited Financial Results for 4th quarter & Financial Year ended March 31, 2023, on Standalone & Consolidated basis.
04-05-2023
Bigul

HFCL Ltd - 500183 - Update on board meeting

HFCL Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/05/2023 ,inter alia, to consider and approve This is in continuation to our earlier intimation dated May 01, 2023, with respect to the ensuing meeting of the Board of Directors of the Company, scheduled on May 08, 2023. In terms of Regulation 29 of the SEBI Listing Regulations, we wish to inform that the Board of Directors, at its meeting scheduled to be held on Monday, May 08, 2023, shall also consider and recommend Dividend, if any, on the equity shares, for the financial year 2022-23.
02-05-2023
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