HFCL Ltd announced its Q2 financial results, reporting a slight decline in net profit and revenue but a notable improvement in operational profitability.
The company’s net profit fell 8.24% year-on-year to ₹67.9 crore from ₹74 crore, while revenue decreased 4.6% to ₹1,043 crore compared to ₹1,093 crore in the same period last year.
Despite these dips, HFCL’s EBITDA rose sharply by 19.9% to ₹190 crore from ₹158.5 crore YoY, with the EBITDA margin expanding to 18.2% from 14.5% in the previous year, reflecting improved cost management and operational efficiency.
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