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HFCL reports 78% rise in Q3 consolidated net profit

15 Jan 2021 Evaluate

HFCL has reported results for third quarter ended December 31, 2020.

The company has reported 51.14% rise in its net profit of Rs 75.04 crore for the quarter under review as compared to net profit of Rs 49.65 crore for the same quarter in the previous year. Total income of the company increased by 45.20% at Rs 1,192.17 crore for Q3FY21 as compared Rs 821.03 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 78.47% rise in its net profit attributable to owners of Rs 82.24 crore for the quarter under review as against net profit of Rs 46.08 crore for the same quarter in the previous year. Total income of the company increased by 48.61% at Rs 1,281.45 crore for Q3FY21 as compared Rs 862.31 crore for the corresponding quarter previous year.

Peers
Company Name CMP
HFCL 215.90
Bondada Engineering 276.10
Pace Digitek 162.25
GTL Infrastructure 1.09
STL Networks 49.39
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