HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Meeting Updates
We hereby submit Transcript of the 35th Annual General Meeting ('e-AGM') of the members of HFCL Limited held on Friday, September 30, 2022 at 11:00 a.m. through Video Conferencing (''VC'') / Other Audio Visual Means (''OAVM''). The Transcript is also being made available on the Company''s website HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Newspaper Publication
This is further to our earlier announcement dated October 18, 2022. We hereby submit the copies of the extracts of the Un audited Financial Results of the Company for the 2nd Quarter and Half Year ended September 30, 2022, on Standalone and Consolidated basis, published . on Thursday, October 20, 2022, 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) 4. Jansatta (Delhi) - 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 October 18, 2022 and were submitted to the Stock Exchanges (NSE & BSE) on the same day. You are requested to take the above information on records. Thanking you, HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
This is further to our earlier letter dated October 18, 2022. 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 October 20, 2022, is hosted on Company''s website i.e., www.hfcl.com. This is for the information of all the stakeholders. HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Investor Presentation
This is further to our earlier announcement dated October 18, 2022. 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 2nd Quarter and Half Year ended September 30, 2022, both on Standalone and Consolidated basis, to be discussed during the Earnings' Call scheduled to be held on Thursday, October 20, 2022 at 05:00 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 October 18, 2022.
Telecom gear maker HFCL Q2 profit flat at Rs 84 crore; revenue falls 4.5%
Domestic telecom gear maker HFCL's consolidated net profit remained flat at Rs 84.31 crore for the quarter ended on September 30, 2022, according to the company's statement. The company had posted a net profit of Rs 85.94 crore in the same period a year ago. The consolidated revenue from operations declined by about 4.5 per cent to Rs 1,173 crore compared to Rs 1,122 crore in the September 2021 quarter, it added. "On the backdrop of easing supply chain disruptions and improvement in input costs, we have been able to demonstrate healthy growth in our revenue and margins over last quarter," HFCL Managing Director, Mahendra Nahata said on Wednesday. He said that the company's share of exports to revenues has improved to 16.38 per cent during the reported quarter compared to 9.08 per cent in the September 2021 quarter. "We continue to see strong response in key global markets like Europe, Africa and Middle East, thereby making us optimistic about doubling our exports to Rs 750 crore b Q2FY23 Quarterly Result Announced for HFCL Ltd.
Telecom cables company HFCL announced Q2FY23 results: Revenue in Q2FY23 grew by 11.65% QoQ and by 4.58% YoY EBIDTA in Q2FY23 grew by 34.57% QoQ and by 0.81% YoY PAT margin increased to 7.18% in Q2FY23 compared to 5.05% in Q1FY23 Exports revenue in Q2FY23 grew by 4.41% QoQ and by 88.66% YoY Revenue from the products segment in Q2FY23 stands at 57% compared to 45% in Q2FY22 Strong order book worth more than Rs 5000 crore Consolidated (H1FY23): The company reported consolidated revenue of Rs 2224 crore, EBIDTA of Rs 304 crore, PBT of Rs 185 crore and PAT of Rs 137 crore Standalone: Q2FY23: The company reported, a revenue of Rs 1119 crore, EBIDTA of Rs 149 crore, PBT of Rs 102 crore and PAT of Rs 76 crore compared to revenue of Rs 951 crore, EBIDTA of Rs 106 crore, PBT of Rs 63 crore and PAT of Rs 48 crore in Q1FY23 H1FY23: The company reported a standalone revenue of Rs 2071 crore, EBIDTA of Rs 255 crore, PBT of Rs 166 crore and PAT of Rs 124 crore Commenting on the Company’s performance, Mahendra Nahata, Managing Director, HFCL said, “On the backdrop of easing supply chain disruptions and improvement in input costs, we have been able to demonstrate healthy growth in our revenue and margins over last quarter. With the leap in technology, higher backward integration, capacity expansion in OFC business, production of next-gen equipment and expanding global footprints, we are well on our mission to transform as a technology-driven enterprise that innovates and manufactures for both domestic and global markets with an aim to become a Product led global player in Optic Fiber Cables and telecom equipment and solutions”. Nahata further added, “We have further strengthened our R&D; initiatives and 5G product portfolio and launched World’s first open standard Wi-Fi 7 Access Points, 8T8R Macro Radio units and 5G Lab-as-a-Service. Backed by our portfolio of indigenous futuristic products & solutions, our share of exports to revenues has improved to 16.38% in Q2 FY23 as compared to 9.08% in Q2 FY22. We continue to see strong response in key global markets like Europe, Africa and Middle East, thereby making us optimistic about doubling our exports to Rs 750 crores by end of FY23. We have also committed an investment of Rs 425 crores on R&D; and creation of facilities to manufacture telecom equipment under the Government’s PLI/DLI scheme” Result PDF HFCL Ltd - 500183 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
This is in continuation to our earlier intimation dated October 18, 2022. Enclosed please find herewith a Press Release on Un-audited financial results for the 2nd quarter and half year ended September 30, 2022, of the Financial Year 2022-23, which were approved by the Audit Committee and Board of Directors at their respective meetings held on October 18, 2022. HFCL Ltd - 500183 - Statement Of Deviation(S) Or Variation(S), If Any, Of Utilization Of Proceeds From Qualified Institutions Placement (QIP).
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 Qualified Institutions Placement (QIP), for the quarter ended September 30, 2022, duly reviewed by the Audit Committee and the Statutory Auditors, in the prescribed format is enclosed herewith HFCL Ltd - 500183 - Un-Audited Financial Results Of The Company For The 2Nd Quarter And Half Year Ended September 30, 2022, Of The Financial Year 2022-23, Both On A Standalone And Consolidated Basis
The Board of Directors of the Company has, at its meeting held today, inter-alia, considered and approved the Un audited Financial Results of the Company for the 2nd Quarter and Half Year ended September 30, 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 Report of the Auditors' thereon. The Statement of Assets & Liabilities and the Statement Cash Flow, for the half year ended September 30, 2022, are also enclosed herewith.
