HFCL Q2 profit jumps 448% YoY to Rs 394 crore; stock hits 5% upper circuit
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
HFCL reported a 448% year-on-year jump in Q2FY27 net profit to Rs 394 crore, compared with Rs 71.92 crore a year ago. Revenue surged 144% to Rs 2,542 crore, while EBITDA rose 224% to Rs 658 crore. EBITDA margin expanded 640 basis points to 25.89%. The optical fibre and AI…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishVery strong quarterly results from a mid-cap company, with the stock sharply higher.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Q2FY27 net profit rose to Rs 394 crore from Rs 71.92 crore.
- 02Revenue surged 144% to Rs 2,542 crore.
- 03The stock hit the 5% upper circuit at Rs 268.70 on the BSE.