HFCL has reported results for first quarter ended June 30, 2023 (Q1FY24).
The company has reported 1.46% marginal rise in its net profit at Rs 48.75 crore for the quarter under review as compared to Rs 48.05 crore for the same quarter in the previous year. However, total income of the company decreased by 7.44% at Rs 893.48 crore for Q1FY24 as compared Rs 965.29 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 42.30% rise in net profit at Rs 75.56 crore for the quarter ended June 30, 2023 as compared to Rs 53.10 crore for the same quarter in the previous year. However, total income of the company decreased by 5.25% at Rs 1008.36 crore for Q1FY24 as compared Rs 1064.25 crore for the corresponding quarter previous year.
