HFCL Limited’s Board has approved the unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025. The results, reviewed by the Audit Committee, show revenue from operations reaching ₹1,223.89 Crore (standalone) and ₹1,210.79 Crore (consolidated) for the quarter. The company has also addressed the utilization of funds from its QIP issues.
Financial Performance Highlights
HFCL Limited announced its unaudited financial results for Q3 (Oct-Dec) FY26. Key financial figures include:
Standalone Results:
- Revenue from Operations: ₹1,223.89 Crore
- Total Income: ₹1,239.04 Crore
- Profit Before Tax: ₹78.94 Crore
- Profit After Tax: ₹56.19 Crore
Consolidated Results:
- Revenue from Operations: ₹1,210.79 Crore
- Total Income: ₹1,226.21 Crore
- Profit Before Tax: ₹138.11 Crore
- Profit After Tax: ₹102.37 Crore
Segment-Wise Revenue
A breakdown of revenue by segment reveals the following:
Standalone:
- Telecom Products: ₹702.06 Crore
- Turnkey Contracts and Services: ₹521.83 Crore
Consolidated:
- Telecom Products: ₹722.08 Crore
- Turnkey Contracts and Services: ₹487.98 Crore
QIP Issue Proceeds Utilization
The company provided updates on the utilization of funds raised through Qualified Institutions Placements (QIPs):
- The company has issued 8,79,29,651 equity shares at a price of ₹62.55 per share, aggregating to ₹550.00 Crore during the quarter.
- Out of this, ₹399.39 Crore has been utilized towards the specified objectives, with the remaining amount invested in fixed deposits and held in monitoring and escrow accounts.
Impact of Labour Codes
HFCL has recognized a past service cost related to gratuity and compensated absences due to the new Labour Codes, amounting to ₹28.46 crore on a standalone basis and ₹28.91 crore on a consolidated basis, included under Employee benefit expense.
Source: BSE
