HFCL Limited reported its consolidated financial results for the second quarter of FY25, showing a slight decline in revenue from operations. The revenue for the quarter stood at ₹1,093.61 crore, down 1.61% from ₹1,111.49 crore in the corresponding quarter of FY24. On a quarter-on-quarter basis, revenue also saw a dip of 5.58%, compared to ₹1,158.24 crore in Q1 FY25.
However, the company’s net profit showed positive growth, rising 4.50% YoY to ₹73.33 crore from ₹70.17 crore in Q2 FY24. On a quarter-on-quarter basis, the net profit dropped by 33.7% from ₹110.65 crore in Q1 FY25.
