HFCL Q1 results show revenue fell from 1446.72 crores to 1008.36 crores, a -30.30% decrease in growth. EPS down from ₹0.52 to ₹0.49, down by -5.77%.
First, Let’s Begin with Quarter-on-Quarter Basis:
HFCL shared its Q1 results on Wednesday. They earned 1008.36 crores in revenue this quarter, but that’s less than the 1446.72 crores they made last quarter. Unfortunately, the company’s growth decreased by -30.30 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 68.09 crores, down from 71.82 crores in the previous quarter. Their quarter-to-quarter growth decreased by -5.19 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹0.49, which is a decrease of -5.77% from the ₹0.52 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 1008.36 crores this year (2023), which is -5.25 percent lower than last year’s total revenue of 1064.25 crores.
This year’s PAT (Profit After Tax) is 68.09 crores, which is also 33.07% higher than last year’s PAT of 51.17 crores.
The EPS (Earnings Per Share) for this year is ₹0.49, which is 32.43% more than the EPS of ₹0.37 earned last year.
Also Read: Oracle Financial Services Q1FY24 Results: Consolidated PAT of Rs. 500.98 Cr
HFCL Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About HFCL:
HFCL Limited, an Indian technology company headquartered in Gurugram, India, specializes in designing, developing, and manufacturing a wide range of Telecommunications equipment, Fiber-optic cables, and other related electronics. The company is publicly listed and traded on both the Bombay Stock Exchange and the National Stock Exchange.
Download the Full PDF of HFCL Q1 Results: Click Here
For more of the Latest News, Click Here
