HFCL quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	2,542	1,043	+143.6%
EBITDA	631	190	+231.3%
EBITDA margin	24.8%	18.2%	+6.6 pts
Profit before tax	539	107	+405.9%
Net profit	394	71.9	+448.1%
EPS	₹2.37	₹0.47	+404.3%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	2,542	1,915	1,824	1,211	1,043	871	801	1,012	1,094	1,158	1,326	1,032	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	27.5	31.2	22.3	15.4	13.0	14.5	13.6	20.0	13.6	10.5	13.6	46.7
	2,569	1,946	1,846	1,226	1,056	886	814	1,032	1,107	1,169	1,340	1,079
	1,377	969	630	408	417	448	786	378	334	411	461	535
	171	371	475	674	388	219	61.9	237	383	436	528	226
	21.5	−169	64.3	−329	−161	−32.1	−198	84.6	58.4	−27.5	−43.0	−4.8
	130	147	137	108	94.2	105	90.9	94.5	89.5	88.7	87.5	90.1
	65.3	62.5	62.8	62.8	60.9	55.6	51.1	46.8	44.9	42.3	39.7	36.6
	53.7	51.3	45.5	43.8	35.9	32.2	30.4	25.5	25.5	24.1	20.1	19.3
	211	182	204	121	115	102	96.3	66.2	70.4	75.3	97.0	69.4
	2,030	1,615	1,618	1,089	950	930	918	932	1,006	1,050	1,190	971
	631	414	314	228	190	28.4	−36.0	152	158	175	196	117
	577	363	268	184	154	−3.8	−66.4	126	133	151	176	97.5
Profit
	539	332	228	137	107	−44.9	−104	99.6	101	119	150	108
	0.0	0.0	0.0	0.0	0.0	0.2	0.0	0.0	0.0	0.0	0.0	0.0
	539	332	228	137	107	−44.7	−104	99.6	101	119	150	108
	152	91.4	67.3	31.0	5.0	1.1	−26.4	19.3	20.1	21.5	29.3	12.2
	−7.5	−5.5	−23.8	4.8	29.4	−16.5	4.8	8.4	9.0	−13.4	10.8	13.2
	144	85.9	43.5	35.7	34.4	−15.4	−21.6	27.7	29.1	8.1	40.1	25.4
	−0.3	−0.0	0.0	1.1	−0.2	0.0	−1.1	0.7	1.0	−0.2	−0.1	0.2
	394	246	184	102	71.9	−29.3	−83.3	72.6	73.3	111	109	82.4
	395	246	184	101	72.1	−29.3	−82.2	71.9	72.3	111	109	82.2
	−13.6	72.2	−39.2	−21.0	−7.8	38.9	−54.8	−50.2	−126	195	130	−0.2
	381	318	145	81.4	64.1	9.6	−138	22.4	−52.6	306	240	82.2
	363	229	179	97.6	67.9	−32.2	−81.4	73.7	73.9	111	110	82.2
	31.3	17.0	6.0	4.8	4.1	3.0	−1.9	−1.1	−0.6	−0.7	−0.7	0.2
Per share
	₹2.37	₹1.49	₹1.21	₹0.67	₹0.47	−₹0.22	−₹0.56	₹0.51	₹0.51	₹0.77	₹0.76	₹0.58
	₹2.36	₹1.49	₹1.21	₹0.67	₹0.47	−₹0.22	−₹0.56	₹0.51	₹0.51	₹0.77	₹0.76	₹0.58
Other comprehensive income — detail
	−13.6	72.2	−39.2	−21.0	−7.8	38.9	−54.8	—	—	—	—	—
	−13.7	74.5	−30.3	−20.7	−6.2	38.7	−54.6	−50.3	−126	195	130	0.3
	0.2	0.8	0.3	−0.0	0.0	0.3	−0.1	—	—	—	—	—
	—	—	—	—	—	—	—	0.0	0.3	0.2	−0.2	0.1
	0.3	−1.6	−8.7	−0.4	−1.5	0.5	−0.4	0.1	−0.0	−0.1	−0.0	−0.5
	349	301	139	76.6	60.1	6.7	−136	23.4	−52.1	306	240	82.0
	31.3	17.1	6.1	4.7	4.1	2.9	−1.9	−1.0	−0.5	−0.7	−0.7	0.2
Per share — as-filed variants
	₹2.37	₹1.49	₹1.21	₹0.67	₹0.47	−₹0.22	−₹0.56	₹0.51	₹0.51	₹0.77	₹0.76	₹0.58
	₹2.36	₹1.49	₹1.21	₹0.67	₹0.47	−₹0.22	−₹0.56	₹0.51	₹0.51	₹0.77	₹0.76	₹0.58
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	972	743	655	457	399	236	151	313	318	339	380	276
	38.2%	38.8%	35.9%	37.8%	38.2%	27.1%	18.9%	30.9%	29.1%	29.3%	28.7%	26.8%
Adjusted (ex-exceptional items) — derived
	539	332	228	137	107	−44.9	−104	99.6	101	119	150	108
	0.0	0.0	0.0	0.0	0.0	0.2	0.0	0.0	0.0	0.0	0.0	0.0
	394	246	184	102	71.9	−29.4	−83.3	72.6	73.3	111	109	82.4
	₹2.37	₹1.49	₹1.21	₹0.67	₹0.47	−₹0.22	−₹0.56	₹0.51	₹0.51	₹0.77	₹0.76	₹0.58

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

HFCL₹243.46

HFCL Ltd.

· Telecom & Media

Annual Quarterly₹ CrorePeersTEJASNET ITI RAILTEL TTML BHARTIHEXA TATACOMM IDEA OPTIEMUSMcap ₹37,257 Cr

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In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	1,032.3	1,326.1	1,158.2	1,093.6	1,012.0	800.7	871.0	1,043.3	1,210.8	1,824.1	1,915.0	2,541.8
Other Income	46.7	13.6	10.5	13.6	20.0	13.6	14.5	13.0	15.4	22.3	31.2	27.5
Total Income	1,079.0	1,339.7	1,168.7	1,107.2	1,032.0	814.4	885.6	1,056.4	1,226.2	1,846.4	1,946.1	2,569.3
Expenses
+ Cost of Materials Consumed	534.7	460.8	411.3	333.9	377.7	785.6	447.8	417.1	408.4	629.9	969.2	1,377.1
+ Purchases of Stock-in-Trade	226.1	528.1	435.6	383.2	237.1	61.9	219.4	388.2	674.5	474.7	370.9	171.1
+ Changes in Inventories	-4.8	-43.0	-27.5	58.4	84.6	-198.1	-32.1	-161.0	-329.1	64.3	-168.5	21.5
+ Employee Benefit Expense	90.1	87.5	88.7	89.5	94.5	90.9	105.4	94.2	108.2	137.4	147.1	130.3
+ Finance Costs	36.6	39.7	42.3	44.9	46.8	51.1	55.6	60.9	62.8	62.8	62.5	65.3
+ Depreciation & Amortisation	19.3	20.1	24.1	25.5	25.5	30.4	32.2	35.9	43.8	45.5	51.3	53.7
+ Other Expenses	69.4	97.0	75.3	70.4	66.2	96.3	102.2	114.5	120.8	203.9	182.3	211.2
Total Expenses	971.4	1,190.2	1,049.8	1,005.7	932.4	918.2	930.4	949.8	1,089.2	1,618.5	1,614.6	2,030.3
EBITDA	116.7	195.7	174.9	158.2	151.9	-36.0	28.4	190.3	228.1	313.9	414.1	630.5
EBIT	97.5	175.5	150.8	132.8	126.3	-66.4	-3.8	154.4	184.3	268.5	362.9	576.8
Profit
PBT before Exceptional Items	107.6	149.5	119.0	101.5	99.6	-103.8	-44.9	106.5	137.0	227.9	331.5	538.9
+ Exceptional Items	0.0	0.0	0.0	0.0	0.0	0.0	0.2	0.0	0.0	0.0	0.0	0.0
Pretax Income	107.6	149.5	119.0	101.5	99.6	-103.8	-44.7	106.5	137.0	227.9	331.5	538.9
+ Current Tax	12.2	29.3	21.5	20.1	19.3	-26.4	1.1	5.0	31.0	67.3	91.4	151.9
+ Deferred Tax	13.2	10.8	-13.4	9.0	8.4	4.8	-16.5	29.4	4.8	-23.8	-5.5	-7.5
Tax Expense	25.4	40.1	8.1	29.1	27.7	-21.6	-15.4	34.4	35.7	43.5	85.9	144.4
+ Share of Associates & JVs	0.2	-0.1	-0.2	1.0	0.7	-1.1	0.0	-0.2	1.1	0.0	-0.0	-0.3
Net Income	82.4	109.4	110.7	73.3	72.6	-83.3	-29.3	71.9	102.4	184.5	245.6	394.2
+ Net Income — Continuing Ops	82.2	109.4	110.9	72.3	71.9	-82.2	-29.3	72.1	101.3	184.5	245.7	394.6
+ Other Comprehensive Income	-0.2	130.3	195.1	-125.9	-50.2	-54.8	38.9	-7.8	-21.0	-39.2	72.2	-13.6
Total Comprehensive Income	82.2	239.6	305.8	-52.6	22.4	-138.1	9.6	64.1	81.4	145.2	317.8	380.7
Net Income to Common	82.2	110.1	111.3	73.9	73.7	-81.4	-32.2	67.9	97.6	178.5	228.6	362.9
Minority Interest	0.2	-0.7	-0.7	-0.6	-1.1	-1.9	3.0	4.1	4.8	6.0	17.0	31.3
Per Share
Basic EPS	0.58	0.76	0.77	0.51	0.51	-0.56	-0.22	0.47	0.67	1.21	1.49	2.37
Diluted EPS	0.58	0.76	0.77	0.51	0.51	-0.56	-0.22	0.47	0.67	1.21	1.49	2.36
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	-54.8	38.9	-7.8	-21.0	-39.2	72.2	-13.6
+ Items NOT to be Reclassified to P&L	0.3	130.1	195.4	-125.7	-50.3	-54.6	38.7	-6.2	-20.7	-30.3	74.5	-13.7
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	-0.1	0.3	0.0	-0.0	0.3	0.8	0.2
+ Tax on Items NOT to be Reclassified — alt tag	0.1	-0.2	0.2	0.3	0.0	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	-0.5	-0.0	-0.1	-0.0	0.1	-0.4	0.5	-1.5	-0.4	-8.7	-1.6	0.3
Comprehensive Income — Owners of Parent	82.0	240.3	306.4	-52.1	23.4	-136.2	6.7	60.1	76.6	139.2	300.7	349.3
Comprehensive Income — Non-controlling Interests	0.2	-0.7	-0.7	-0.5	-1.0	-1.9	2.9	4.1	4.7	6.1	17.1	31.3
Per Share — as-filed variants
Basic EPS — Continuing Operations	0.58	0.76	0.77	0.51	0.51	-0.56	-0.22	0.47	0.67	1.21	1.49	2.37
Diluted EPS — Continuing Operations	0.58	0.76	0.77	0.51	0.51	-0.56	-0.22	0.47	0.67	1.21	1.49	2.36
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	276.2	380.2	338.8	318.1	312.5	151.3	235.9	399.1	457.1	655.3	743.4	972.1
Gross Margin %	26.76	28.67	29.25	29.08	30.88	18.89	27.09	38.25	37.75	35.92	38.82	38.25
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	107.6	149.5	119.0	101.5	99.6	-103.8	-44.9	106.5	137.0	227.9	331.5	538.9
− Exceptional Items (reconciliation)	0.0	0.0	0.0	0.0	0.0	0.0	0.2	0.0	0.0	0.0	0.0	0.0
Net Income Adj (tax-effected)	82.4	109.4	110.7	73.3	72.6	-83.3	-29.4	71.9	102.4	184.5	245.6	394.2
EPS Adj	0.58	0.76	0.77	0.51	0.51	-0.56	-0.22	0.47	0.67	1.21	1.49	2.37
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Paid Up Equity Capital	142.8	144.0	144.2	144.2	144.2	144.2	144.2	144.2	153.0	153.0	153.0	153.0

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

HFCL Q2 FY27 results (July–September 2026)

Filed with NSE on Monday, 19 October 2026 at 11:57 am IST

HFCL (NSE: HFCL) reported its Q2 FY27 results (July–September 2026) on Monday, 19 October 2026 at 11:57 am IST. Consolidated net profit attributable to shareholders was ₹363 crore, up 434.8% from ₹67.9 crore in Q2 FY26 and up 58.8% from ₹229 crore in Q1 FY27. Revenue from operations was ₹2,542 crore, up 143.6% year on year and up 32.7% from the previous quarter.

Q2 FY26 results (a year earlier): 17 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit (shareholders'): ₹363 Cr+434.8% vs Q2 FY26+58.8% vs Q1 FY27Total incl. minority interest ₹394 Cr
Revenue from operations: ₹2,542 Cr+143.6% vs Q2 FY26+32.7% vs Q1 FY27
Operating margin (EBIT): 22.7%+7.9 pts vs Q2 FY26+3.7 pts vs Q1 FY27EBIT ₹577 Cr
EBITDA: ₹631 Cr+231.3% vs Q2 FY26+52.3% vs Q1 FY27margin 24.8%
Earnings per share (basic): ₹2.37+404.3% vs Q2 FY26+59.1% vs Q1 FY27
Net profit margin: 14.3%+7.8 pts vs Q2 FY26+2.3 pts vs Q1 FY27

Questions

What was HFCL's net profit in Q2 FY27?

Consolidated net profit attributable to shareholders was ₹363 crore, up 434.8% from ₹67.9 crore in Q2 FY26 and up 58.8% from ₹229 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹394 crore.

What was HFCL's operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹577 crore, a margin of 22.7%, against 18.9% in Q1 FY27 and 14.8% in Q2 FY26. EBITDA was ₹631 crore, 24.8% of revenue.

What is HFCL's net profit margin?

HFCL's net profit margin was 14.3% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against 6.5% in Q2 FY26 (up 7.8 percentage points). For FY26 as a whole it was 6.3%.

What was HFCL's revenue in Q2 FY27?

Revenue from operations was ₹2,542 crore, up 143.6% year on year and up 32.7% from the previous quarter.

What was HFCL's EPS in Q2 FY27?

Basic earnings per share were ₹2.37, against ₹0.47 in Q2 FY26.

When did HFCL announce its Q2 FY27 results?

On Monday, 19 October 2026 at 11:57 am IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 17 October 2025.

How were HFCL's Q2 FY27 results?

Both grew from a year earlier: net profit was up 434.8% at ₹363 crore and revenue was up 143.6% at ₹2,542 crore. The operating margin was 22.7%, up 7.9 percentage points from 14.8% a year earlier. Against Q1 FY27, net profit was up 58.8% and revenue up 32.7%.

What was HFCL's net profit in the first half of FY27?

Consolidated net profit attributable to shareholders for the first half of FY27 (April–September 2026) was ₹592 crore. Revenue from operations was ₹4,457 crore, up 132.8%.

What was HFCL's net profit in FY26?

Consolidated net profit attributable to shareholders was ₹312 crore in FY26 (April 2025–March 2026), up 75.7% from ₹177 crore in FY25. It was ₹330 crore in FY24 and ₹301 crore in FY23: up 3.6% over three years, 1.2% a year on average.

How has HFCL's profit changed over the last four quarters?

Net profit attributable to shareholders by quarter: ₹97.6 crore in Q3 FY26, ₹179 crore in Q4 FY26, ₹229 crore in Q1 FY27 and ₹363 crore in Q2 FY27. That is ₹868 crore over the four quarters. Revenue from operations: ₹1,211 crore, ₹1,824 crore, ₹1,915 crore and ₹2,542 crore.

What was HFCL's revenue in FY26?

Revenue from operations was ₹4,949 crore in FY26 (April 2025–March 2026), up 21.8% from ₹4,065 crore in FY25. It was ₹4,465 crore in FY24 and ₹4,743 crore in FY23: up 4.3% over three years, 1.4% a year on average.

When will HFCL announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these HFCL figures come from?

From HFCL's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 19 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.