Bigul

HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Newspaper Publication

We hereby submit the copies of the extracts of the Un-audited Financial Results of the Company for the 3rd Quarter and nine months ended December 31, 2022, on Standalone and Consolidated basis, published on January 25, 2023, in the following newspapers, as per the requirements of Regulation 47 of the SEBI Listing Regulations. 1. Financial Express (All Editions) - English (copies for Delhi & Chandigarh Publications are attached) 2. Divya Himachal (Shimla) - Hindi (copy attached) 3. Jansatta (Chandigarh) - Hindi (copy attached) It may be noted that the aforesaid Un-Audited Financial Results, had been considered and approved by the Board of Directors of the Company, at its meeting held on January 23, 2023 and were submitted to the Stock Exchanges (NSE & BSE) on the same day.
25-01-2023
Bigul

HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Award of Order Receipt of Order

We are pleased to inform all the stakeholders that the Company has won an Export Contract aggregating to INR 82.97 crores approx., from one of the renowned Telecom Operator, for supply of Optical Fiber Cables and Accessories. The details as required under Regulation 30 of the SEBI Listing Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD4/2015 dated 9th September, 2015 is as per attached letter.
24-01-2023
Bigul

HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

This is further to our earlier letter dated January 19, 2023. In terms of Regulation 30 read with Para A of Part A of Schedule III to the SEBI Listing Regulations, the audio recording of the Investors''/ Analysts Conference Call held on January 24, 2023, is hosted on Company''s website i.e., https://www.hfcl.com .
24-01-2023
Bigul

HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Investor Presentation

This is in continuation to our earlier intimation dated January 23, 2023. In terms of Regulation 30 read with Para A of Part A of Schedule III to the SEBI Listing Regulations, we hereby submit a copy of the Earnings' Presentation on, inter-alia, the Un-Audited Financial Results of the Company for the 3rd Quarter and nine months ended December 31, 2022, both on Standalone and Consolidated basis, to be discussed during the Earnings' Call scheduled to be held on Tuesday, January 24, 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 January 23, 2023.
24-01-2023

HFCL Q3 net profit surges 25% to Rs 102 crore; revenue at 1,086 crore

Domestic telecom gear maker HFCL Limited on Monday posted a 25.3 per cent year-on-year rise in consolidated net profit for the December 2022 quarter at Rs 102 crore. Its net profit stood at Rs 81 crore in the corresponding period of previous year, according to a company statement. Revenue came in at Rs 1,086 crore for Q3 FY23, falling 10.6 per cent over the year-ago period. HFCL Managing Director Mahendra Nahata said over the last few quarters, despite the global supply chain disruptions, the company continued to demonstrate strong business performance with strategy to tap into new geographies, new customers with new products and shift in revenue mix from projects to more of products which resulted in sustainable revenue and margin expansion. The company's order book stood at over Rs 7,000 crore as on December 31, 2022 compared to Rs 5,280 crore in the previous quarter. "HFCL has been granted approval to avail incentives up to Rs 652.79 crore from FY 22-23 to FY 26-27 as part of .
23-01-2023
Bigul

HFCL Ltd - 500183 - Statement Of Deviation(S) Or Variation(S), If Any, Of Utilization Of Proceeds From Preferential Issue.

In terms of Regulations 32(1), 32(2) and 32(3) of the SEBI Listing Regulations, a statement of deviation or variation, if any, in utilisation of funds raised through Preferential issue, for the quarter ended December 31, 2022, duly reviewed by the Audit Committee, in the prescribed format is also enclosed herewith.
23-01-2023
Bigul

Q3FY23 Quarterly Result Announced for HFCL Ltd.

Telecom cables firm HFCL announced Q3FY23 results: Q3FY23: PAT stood at Rs 102 crore in Q3FY23 grew by 20.53% QoQ and 25.30% YoY. PAT margin increased to 9.36% in Q3FY23 compared to 7.18% in Q2FY23. EBIDTA margin in Q3FY23 stood at 17.80% as compared to 14.36% in Q3FY22. Exports revenue in Q3FY23 grew by 19.42% QoQ and by 140.38% YoY. Revenue from products segment in Q3FY23 stands at 64% compared to 42% in Q3FY22 Strong order book worth more than Rs 7,000 crores Commenting on the Company’s performance, Mr. Mahendra Nahata, Managing Director, HFCL said, “Over the last few quarters, despite the supply chain disruptions witnessed across the globe, we have continued to demonstrate strong business performance with our strategy to tap into new geographies, new customers with new products and shift in revenue mix from Projects to more of Products which has resulted into sustainable revenue and margin expansion. Besides, HFCL’s industry leadership in Optical Fiber Cable space in India, it has further intensified its efforts to strengthen the Global footprints leading to significant order wins from Europe. Our 9MFY23 export revenue grew by 127.53% on YoY basis and we are optimistic to continue with the same trend in coming quarters by accessing more geographies. Our order book stood more than Rs 7000 crores as on Q3FY23 compared to Rs 5280 crores in the previous quarter.” Mr. Nahata further added, “HFCL has been granted approval to avail incentives up to Rs 652.79 crore from FY23 to FY27 as part of Government’s production-linked incentive (PLI) scheme, wherein, we committed an investment of Rs 425 crore over a period of four years for the development and manufacturing of telecom products including 5G Radio equipment, Routers, Switches, WiFi Products and Backhaul Radios. FY24 will see us continue on our strategic transformation to emerge as a high-tech global enterprise and integrated next-gen network solution provider.” Result PDF
23-01-2023
Bigul

HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

We hereby also submit a copy of the Press Release on the Un-audited Financial Results of the Company for the 3rd quarter and nine months ended December 31, 2022 of the Financial Year 2022-23, both on Standalone and Consolidated basis.
23-01-2023
Bigul

HFCL Ltd - 500183 - Unaudited Financial Results Of The Company For The 3Rd Quarter And Nine Months Ended December 31, 2022, Of The Financial Year 2022-23, Both On Standalone And Consolidated

Unaudited Financial Results of the Company for the 3rd Quarter and Nine Months ended December 31, 2022, of the financial year 2022-23, both on Standalone and Consolidated basis, in accordance with the provisions of Regulation 33 of the SEBI Listing Regulations, along with the Limited Review Reports of the Auditors' thereon, duly reviewed and recommended by the Audit Committee in its meeting held today. The copies of the aforesaid financial results along with the Limited Review 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, are enclosed herewith.
23-01-2023
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