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Time of India
26-05-2025
- Business
- Time of India
HFCL expects 25-30% revenue growth in current fiscal: MD Mahendra Nahata
Domestic telecom gear HFCL expects 25-30% growth in revenue during the current fiscal on account of increase in order book and pick-up in demand, a top official of the company said. During the earnings call, HFCL 's managing director Mahendra Nahata said that the company's order book as of March 31, 2025, has increased to ₹9,967 crore from ₹7,685 crore as on March 31, 2024. "With strong order book, demand pick-up and full capacity utilization, the company expects growth of 25-30 per cent in revenue of the current financial year on an overall basis with major growth starting from the second quarter," Nahata said. He said that HFCL has become the first Indian company to develop and commercially launch 5G Fixed Wireless Access customer premises equipment -- a modem for providing wireless 5G connectivity for home broadband services. "In its very first year of launch, we have successfully despatched over 4 lakh units of this equipment, demonstrating strong market acceptance. With growing demand from telecom operators and ISPs, we expect to have continuous demand for such products. I am happy to inform you that in the last week we have received another order of ₹174 crores for this product," Nahata said. During the March 31, 2025 quarter, HFCL recorded about 39 per cent decline in revenue to ₹800.72 crore mainly on account of poor demand for optical fibre. Nahata said that after experiencing subdued demand for optical fibre cable over the past 6-7 quarters leading to lower capacity utilization, the company's optical fibre manufacturing has now begun operating at full capacity starting June 2026 quarter as against 45 per cent capacity utilisation during FY25. "Our Optical Fiber Cable manufacturing capacity utilization was also 40 per cent during last financial year. This will also start operating at full capacity by July 2025. With market conditions showing clear signs of recovery and new growth drivers such as 5G rollouts, data centre expansion, BharatNet Phase III execution , and rising export demand, our revenue from optic fibre cable during FY'26 is expected to improve significantly," Nahata said.
Time of India
25-05-2025
- Business
- Time of India
HFCL expects 25-30 pc revenue growth in current fiscal: MD Mahendra Nahata
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Domestic telecom gear HFCL expects 25-30 per cent growth in revenue during the current fiscal on account of increase in order book and pick-up in demand, a top official of the company said. During the earnings call, HFCL's managing director Mahendra Nahata said that the company's order book as of March 31, 2025, has increased to Rs 9,967 crore from Rs 7,685 crore as on March 31, 2024."With strong order book, demand pick-up and full capacity utilization, the company expects growth of 25-30 per cent in revenue of the current financial year on an overall basis with major growth starting from the second quarter," Nahata said that HFCL has become the first Indian company to develop and commercially launch 5G Fixed Wireless Access customer premises equipment -- a modem for providing wireless 5G connectivity for home broadband services."In its very first year of launch, we have successfully despatched over 4 lakh units of this equipment, demonstrating strong market acceptance. With growing demand from telecom operators and ISPs, we expect to have continuous demand for such products. I am happy to inform you that in the last week we have received another order of Rs 174 crores for this product," Nahata the March 31, 2025 quarter, HFCL recorded about 39 per cent decline in revenue to Rs 800.72 crore mainly on account of poor demand for optical said that after experiencing subdued demand for optical fibre cable over the past 6-7 quarters leading to lower capacity utilization, the company's optical fibre manufacturing has now begun operating at full capacity starting June 2026 quarter as against 45 per cent capacity utilisation during FY25."Our Optical Fiber Cable manufacturing capacity utilization was also 40 per cent during last financial year. This will also start operating at full capacity by July 2025. With market conditions showing clear signs of recovery and new growth drivers such as 5G rollouts, data centre expansion, BharatNet Phase III execution , and rising export demand, our revenue from optic fibre cable during FY'26 is expected to improve significantly," Nahata said.
Business Upturn
13-05-2025
- Business
- Business Upturn
Stocks in news today: Raymond, Tata Steel, Paytm, SRF, PG Electroplast, HFCL among key shares to watch
By News Desk Published on May 13, 2025, 07:34 IST A busy day for the Indian stock market as companies across sectors released Q4 earnings, strategic updates, and corporate actions. Here's a detailed roundup of major developments that are likely to influence stock movements today. Top earnings and operational updates Raymond Lifestyle Ltd reported a net loss of ₹44.95 crore in Q4FY25, reversing from a ₹235.58 crore profit a year earlier. Revenue declined to ₹1,494.15 crore from ₹1,684.55 crore. Meanwhile, Raymond Ltd will trade ex-date on Wednesday for the demerger of its engineering and realty businesses in a 1:1 share ratio. Tata Steel posted a net profit of ₹1,201 crore, exceeding estimates of ₹1,080 crore, while revenue at ₹56,218 crore came slightly below expectations. Paytm is under pressure as Antfin plans to sell up to 4% stake via block deals worth ₹2,066 crore. The floor price is set at ₹809.75 per share. SRF posted strong results, with net profit at ₹526 crore vs ₹422 crore YoY, and revenue rising to ₹4,313 crore from ₹3,570 crore. PG Electroplast more than doubled its net profit to ₹145 crore vs ₹70 crore, with revenue rising to ₹1,909 crore from ₹1,076 crore YoY. HFCL announced a ₹157 crore order win under BharatNet Phase III in West Bengal, adding to its telecom infrastructure business momentum. Positive earnings across broader sectors Zaggle Prepaid : Profit rose to ₹31.12 crore vs ₹19.15 crore; revenue at ₹412.10 crore vs ₹273.3 crore. Artemis Medicare : Profit at ₹22.92 crore vs ₹14.30 crore; revenue at ₹239.90 crore vs ₹225.24 crore. TD Power Systems : Profit at ₹53.02 crore vs ₹29.02 crore; revenue rose to ₹348.20 crore from ₹263.89 crore. KIMS : Net profit surged to ₹102 crore vs ₹65.5 crore; revenue at ₹797 crore vs ₹634 crore. Advait Energy : Profit at ₹12.9 crore vs ₹7.2 crore; revenue at ₹195 crore vs ₹60 crore. Aarti Surfactants : Net profit at ₹9.8 crore vs ₹5.6 crore; revenue at ₹202 crore vs ₹159 crore. Siyaram Silk : Profit at ₹72 crore vs ₹69 crore; revenue at ₹740 crore vs ₹647 crore. Care Ratings : Profit rose to ₹42.7 crore vs ₹24.1 crore; revenue at ₹110 crore vs ₹90 crore. Chalet Hotels : Net profit at ₹120 crore vs ₹82 crore; revenue at ₹520 crore vs ₹418 crore. Raymond Ltd : Also reported ₹25.4 crore profit vs ₹12.7 crore; revenue at ₹558 crore vs ₹266 crore. GP Eco Solutions: Net profit at ₹5.6 crore vs ₹4.9 crore; revenue at ₹163 crore vs ₹83 crore. Other corporate updates Gokaldas Exports : CRISIL upgraded long-term rating to A+/Stable from A/Positive. Grovy India : Secured premium residential project in Greater Kailash 1, New Delhi. Cellecor Gadgets : To launch new washing machine range in May 2025. Cochin Shipyard : Partnered with Drydocks World to strengthen offshore repair capabilities. Tanla Platforms : Promoter bought a 1.38% stake at ₹470.15/share. Piramal Pharma : To invest $90 million in expanding US facilities. Gensol Engineering : MD Anmol Singh Jaggi and Director Puneet Singh Jaggi resigned effective May 12. Cyient DLM : CEO Anthony Montalbano resigned. Allied Blenders : Board to consider fund raising via equity on May 15. Arvind Ltd : To acquire 15.96% stake in Torrent Urja 28. Sam Industries: Appointed Mr. Rajendra Kumar Pasari as Additional Director. Dividend, ex-dates and other financial actions Avadh Sugar : Final dividend of ₹10/share. Alufluoride Ltd : Record date for dividend is June 13. Godrej CP : Ex-date today for ₹5/share dividend. IGFL : Ex-date today for ₹6/share dividend. BSE : To go ex-dividend (₹23/share) on May 14. M&M Financial: Ex-date on May 14 for rights issue (1 for every 8 shares). Neutral or mixed Q4 performances Usha Martin : Net profit at ₹101 crore vs ₹106 crore; revenue at ₹896 crore vs ₹829 crore. Morepen Laboratories : Profit fell to ₹20.31 crore vs ₹28.28 crore; revenue up to ₹465.85 crore. Sicagen : Profit at ₹4 crore vs ₹3 crore; revenue at ₹251 crore vs ₹221 crore. BLISS GVS : Turned profitable with ₹15.5 crore profit vs ₹9.2 crore loss. Speciality Restaurants : Net profit at ₹2.4 crore vs ₹3.1 crore; revenue up at ₹103 crore. Springform : Appointed Mr. Paramjeet Singh Chhabra as MD for 5 years. Expo Gas : Received ₹1.1 crore order from Reliance Industries. Precision Wires: Considering fund raise via QIP. Negative cues and block deals Jai Balaji Industries : Profit dropped to ₹75.48 crore vs ₹272.98 crore; revenue at ₹1,589 crore vs ₹1,845.6 crore. Aether Industries : Promoter Purnima Desai to sell up to 6.77% stake via OFS on May 13–14. KFin Tech : General Atlantic Singapore to sell 6.9% stake via block deals. Premier Explosives : Received closure order from Telangana Pollution Control Board. Himalaya Food: Plans rights issue of up to ₹340 crore. Disclaimer: This article is strictly informational and based on publicly disclosed data and company announcements. It does not constitute investment advice. Business Upturn and the author do not recommend buying or selling any stock mentioned. News desk at
