HFCL Reports Strong Q1FY27 with 103% Revenue Growth

HFCL, a company that makes telecom equipment, had a really good first quarter in the financial year 2027.

They made a profit of Rs 179.21 crore, which is a big improvement from the loss they had last year.

Their total revenue grew by more than 100% compared to the same time last year.

The telecom part of their business did especially well, with revenue increasing by nearly 171%.

However, their turnkey contracts and services wing saw a small decrease in revenue.

After announcing these results, the company's share price went up by 4%.

Over the past six months, their stock has increased by a huge 260%.