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HFCL\u2019s consolidated revenue fell by 1.97% on-year to Rs 1,011.95 crore in the reporting quarter, compared to Rs 1,032.31 crore in Q3FY24. The consolidated revenue, however, declined strongly at 7.47% on-quarter. <\/p>\n
\u201cOn a standalone basis, the company reported quarterly revenue of Rs 960.94 crore, EBIDTA (earnings before interest, depreciation, taxes, and amortisation) of Rs 165.68 crore, PBT (profit before tax) of Rs 106.87 crores and PAT of Rs 78.48 crore,\u201d the vendor said in its earnings statement. <\/p>\n
Mahendra Nahata, Managing Director of HFCL, said that despite a dynamic and challenging market environment, HFCL<\/a> demonstrated resilience with a stable quarterly performance.<\/p>\n \u201cThe recent BharatNet order wins are a testament to our expertise in strengthening India\u2019s digital infrastructure, reinforcing our position as a trusted technology partner in the Country\u2019s broadband revolution,\u201d Nahata said.
\u201cAs we move ahead, HFCL remains focused on expanding its technological capabilities, fostering innovation, and delivering value to our stakeholders,\u201d he said.<\/p>\n