HFCL Reports Q1FY26 Loss; Revenue, Margins Decline

HFCL, a company that makes equipment for telecom networks, had a tough financial quarter.

They lost ₹32 crore, a big change from the profit they made last year.

Their sales went down, and their profits dropped a lot too.

To help, the company plans to raise money by selling stocks or other financial tools, aiming for ₹700 crore.

They will use this money to invest, grow in defense and telecom, manage their daily costs, and pay off debts.

They are also planning to move their main office to a new location.