HFCL reports 4-fold jump in Q1 consolidated net profit
12th Jul 2021

HFCL has reported results for first quarter ended June 30, 2021.

The company has reported around 4-fold jump in its net profit at Rs 80.54 crore for the quarter under review as compared to Rs 20.61 crore for the same quarter in the previous year. Total income of the company increased by 68.54% at Rs 1,112.90 crore for Q1FY22 as compared Rs 660.31 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 4-fold jump in its net profit attributed to the owners at Rs 87.83 crore for the quarter under review as compared to Rs 21.09 crore for the same quarter in the previous year. Total income of the company increased by 72.17% at Rs 1,212.16 crore for Q1FY22 as compared Rs 704.06 crore for the corresponding quarter previous year.