Telecom gear maker HFCL on Friday posted a loss of ₹32.24 crore for the quarter ended June 2025, as revenue from operations fell sharply on year-on-year basis.
It had logged a profit of ₹111.30 crore a year ago.
Revenue from operations declined to ₹871 crore in Q1FY26 from ₹1,158 crore a year ago, according to a BSE filing.
The loss (attributable to owners of parent) stood at ₹32.24 crore in the just-ended quarter.
In a release, HFCL said that "despite macroeconomic headwinds, the company recorded revenue of ₹871 crore in Q1 FY26, up from ₹801 crore in Q4 FY25, and reported a sharp recovery in EBITDA at Rs 42.93 crore compared to a loss in the previous quarter".
"While PAT stood at (₹29.30 crore), the performance marked significant operational improvement, and laid the foundation for a strong FY26," the earnings release said.
HFCL said its order book surged to ₹10,480 crore, reflecting growing customer confidence and demand visibility.
Mahendra Nahata, Managing Director of HFCL said: "Q1 FY26 has set a strong foundation for what we believe will be a breakout year for HFCL, with 66% of our revenue coming from the product segment and exports contributing 24% to the total revenue." Nahata said the company expects this positive momentum to continue and strengthen in the upcoming quarters.
"Our strategic shift towards high-tech, value-added products in telecom and defence is already yielding encouraging results. With growing global demand, the government’s push for `Atmanirbhar Bharat' and our expanding manufacturing capabilities, HFCL is well-poised to lead in next-generation connectivity and secure communication technologies," he said.
He exuded confidence about HFCL's ability to deliver sustained value to all stakeholders in FY26 and beyond. PTI
