HFCL Q3 net profit jumps 87% to Rs 85 crore

HFCL has announced its results for third quarter and nine months ended December 31, 2020.

“We are encouraged with the numbers and are happy to report we’ve made progress on our efforts in accelerating topline growth, improving margins and profitability. At HFCL, innovation is key and our R&D efforts and the development of 100% indigenous products have been core drivers of our success. The rising domestic and international demand for FTTH also plays a significant role in strengthening our place in the industry. The future is looking exciting and full of new opportunities and milestones. Here’s to another year of innovation, hardwork and dedication”, said Mahendra Nahata, MD, HFCL Limited on a post on Linkedin.

CT Bureau