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HFCL reports many fold jump in Q4 consolidated net profit

11 May 2021

HFCL has reported results for fourth quarter and year ended March 31, 2021.

The company has reported many fold jump in its net profit from continuing operations at Rs 82.50 crore for the quarter under review as compared to Rs 1.99 crore for the same quarter in the previous year. Total income of the company reported 2- fold jump at Rs 1,282.87 crore for Q4FY21 as compared Rs 616.81 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported above 14-fold jump in its net profit attributed to the owners at Rs 84.67 crore for the quarter under review as compared to Rs 5.78 crore for the same quarter in the previous year. Total income of the company reported 2- fold jump at Rs 1,397.87 crore for Q4FY21 as compared Rs 668.07 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported a rise of 9.34% in its net profit from continuing operations at Rs 222.86 crore as compared to Rs 203.82 crore for the previous year. Total income of the company increased by 15.99% at Rs 4,139.09 crore for year under review as compared to Rs 3,568.24 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported a rise of 5.17% in its net profit attributed to the owners at Rs 239.00 crore as compared to Rs 227.25 crore for the previous year. Total income of the company increased by 15.49% at Rs 4,459.09 crore for year under review as compared to Rs 3,860.99 crore for year ended March 31, 2020.

 

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SEBI Registered: Investment Adviser - INA000013323

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