Shares of HFCL Ltd. surged as much as 11% on Thursday, April 30, after the company reported a sharp turnaround in its March quarter earnings.The telecom equipment maker swung to a net profit of ₹178.5 crore in the fourth quarter, compared with a loss of ₹81.4 crore in the same period last year.
Revenue more than doubled on a year-on-year basis to ₹1,824 crore from ₹800.7 crore.Operating performance also improved markedly, with EBITDA coming in at ₹315 crore versus an EBITDA loss of ₹36 crore a year ago.
The company has announced a dividend of ₹0.20 per share for financial year 2025-26.
HFCL is also expected EBITDA margin to expand from 16.7% in FY26 to 20-21% by FY29.
The company is also targeting over 70% revenue from product and over 50% revenue from export by FY27.
First Published: Apr 30, 2026 1:51 PM IS
