HFCL shares surge 4% following strong Q1 results

HFCL Ltd., a leading telecommunication equipment manufacturer, saw its shares gain during Thursday’s trading session following the announcement of impressive first-quarter results for fiscal year 2025. The company reported a significant 46% year-on-year increase in net profit, reaching Rs 111 crore for the quarter ended June, up from Rs 76 crore in the same period last year.

The company’s revenue also showed strong growth, rising 16% year-on-year to Rs 1,158 crore, compared to Rs 995 crore in the same quarter of the previous fiscal year. This performance highlights HFCL’s continued growth and success in the telecommunication sector.

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By 9:26 AM, HFCL shares were trading 3.95% higher at ₹124.18 on the NSE, reflecting investor confidence in the company’s robust financial performance.