HFCL Limited's board of directors approved raising up to ₹700 crore through various means and shifting the company's registered office from Himachal Pradesh to Haryana, subject to shareholder and regulatory approvals. The board also approved the unaudited financial results for the first quarter ended June 30, 2025.
| Particulars | Q1 FY26 | Q4 FY25 | Q1 FY25 | FY25 |
|---|---|---|---|---|
| Revenue from Operations | 871.02 | 757.19 | 1,065.52 | 3,795.22 |
| Other Income | 14.53 | 15.76 | 11.09 | 60.90 |
| Total Income | 885.55 | 772.95 | 1,076.61 | 3,856.12 |
| Cost of materials/services consumed | 447.80 | 422.59 | 354.80 | 1,792.61 |
| Purchases of stock-in-trade | 219.38 | 234.77 | 433.94 | 1,117.02 |
| Change in inventories | (32.09) | (40.51) | (23.60) | (80.65) |
| Employee benefits expense | 105.35 | 84.16 | 65.78 | 272.68 |
| Finance costs | 55.62 | 47.74 | 33.75 | 149.46 |
| Depreciation, Impairment and Amortisation expenses | 32.20 | 28.14 | 19.73 | 84.90 |
| Other expenses | 102.18 | 89.37 | 69.11 | 278.67 |
| Total Expenses | 930.44 | 866.26 | 953.51 | 3,614.69 |
| Profit/ (Loss) before exceptional items and tax | (44.89) | (62.89) | 123.10 | 241.43 |
| Share of net profits / (loss) of jointly controlled entities | 0.19 | 0.19 | (0.20) | 0.36 |
| Profit/(Loss) before exceptional items and tax | (44.70) | (62.89) | 123.10 | 241.43 |
| Profit/ (Loss) before tax | (44.70) | (62.89) | 123.10 | 241.43 |
| Current Tax | (26.38) | (20.55) | 6.49 | 21.32 |
| Deferred Tax / (Benefits) | 1.09 | 6.49 | 21.32 | 33.11 |
| Profit/ (Loss) after tax for the period / year from continuing operations | (29.30) | (42.34) | 113.98 | 194.75 |
| Other Comprehensive Income / (Loss) | 38.92 | 39.55 | 194.57 | (35.92) |
| Total comprehensive income / (Loss) for the period / year | 9.62 | (2.79) | 308.55 | 158.83 |
| Profit/ (Loss) attributable to Owners of the Parent | (32.24) | (32.24) | 111.30 | 177.41 |
| Non-controlling interests | 2.95 | 2.95 | (1.86) | (0.66) |
| Total comprehensive income / (Loss) attributable to Owners of the Parent | 6.74 | 6.74 | 306.40 | 141.55 |
| Non-controlling interests | 2.90 | 2.90 | (4.11) | (4.11) |
| Paid-up Equity Share Capital (Face value of Re. 1/- each) | 144.21 | 144.21 | 144.18 | 144.21 |
| Earnings / (Loss) per Share - Basic (Re / Rs.) | (0.22) | (0.29) | 0.79 | 1.35 |
| Earnings / (Loss) per Share - Diluted (Re / Rs.) | (0.22) | (0.29) | 0.79 | 1.35 |
The company plans to raise up to ₹700 crore through the issuance of equity shares, equity-based instruments, securities, convertible preference shares, or debentures. The fundraising will occur in one or more tranches via public issues, rights issues, preferential issues, private placements, qualified institutions placements, or debt issues. The funds will support growth opportunities in the defense and telecommunications sectors, strategic investments, and strengthening the company's capital base. Proceeds will be used for expansion, acquisitions, debt repayment, working capital, and general corporate purposes.
Registered Office Shift
The registered office is being moved from 8, Electronics Complex, Chambaghat, Solan - 173213, Himachal Pradesh to Plot no. 38, Institutional Area, Sector 32, Gurugram-122001, Haryana. This shift requires shareholder approval via a special resolution and confirmation from the Hon'ble Regional Director, Northern Region, or another prescribed authority.
The registered office is being moved from 8, Electronics Complex, Chambaghat, Solan - 173213, Himachal Pradesh to Plot no. 38, Institutional Area, Sector 32, Gurugram-122001, Haryana. This shift requires shareholder approval via a special resolution and confirmation from the Hon'ble Regional Director, Northern Region, or another prescribed authority.
Financial Performance
HFCL reported consolidated revenue from operations of ₹871.02 crore for Q1 FY26, compared to ₹1,065.52 crore in Q1 FY25. The company reported a loss before tax of ₹44.70 crore for the current quarter, compared to a profit before tax of ₹123.10 crore in the corresponding quarter last year.
Segment-Wise Revenue
The company’s revenue from operations includes:
* Telecom Products: ₹577.91 crore
* Turnkey Contracts and Services: ₹293.11 crore
The company’s revenue from operations includes:
* Telecom Products: ₹577.91 crore
* Turnkey Contracts and Services: ₹293.11 crore
Other Key Points
The board meeting commenced at 12:00 Noon and concluded at 12:50 PM on July 25, 2025. The Unaudited Financial Results will be available on the company's website at www.hfcl.com and will be published in newspapers as per regulatory requirements.
The board meeting commenced at 12:00 Noon and concluded at 12:50 PM on July 25, 2025. The Unaudited Financial Results will be available on the company's website at www.hfcl.com and will be published in newspapers as per regulatory requirements.
