Integrated Filing — IndAS

General information about company
Scrip Code	500183
NSE Symbol	HFCL
MSEI Symbol	NOTLISTED
ISIN	INE548A01028
Name of company	HFCL LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	22-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	09-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	22-May-2025   16:00:00
End date and time of board meeting	22-May-2025   16:50:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	8007200000	40645200000
	Other income	136400000	577600000
	Total income	8143600000	41222800000
2	Expenses
(a)	Cost of materials consumed	7856300000	19085500000
(b)	Purchases of stock-in-trade	618800000	11177600000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-1980700000	-824700000
(d)	Employee benefit expense	909100000	3635500000
(e)	Finance costs	510600000	1850100000
(f)	Depreciation, depletion and amortisation expense	304400000	1055100000
(f)	Other Expenses
1	Other Expenses	963400000	3081400000
	Total other expenses	963400000	3081400000
	Total expenses	9181900000	39060500000
3	Total profit before exceptional items and tax	-1038300000	2162300000
4	Exceptional items	0	0
5	Total profit before tax	-1038300000	2162300000
6	Tax expense
7	Current tax	-263800000	345000000
8	Deferred tax	47500000	88300000
9	Total tax expenses	-216300000	433300000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	-822000000	1729000000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	-11000000	3600000
16	Total profit (loss) for period	-833000000	1732600000
17	Other comprehensive income net of taxes	-547900000	1296000000
18	Total Comprehensive Income for the period	-1380900000	3028600000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	-814300000	1774100000
	Total profit or loss, attributable to non-controlling interests	-18600000	-18600000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	-1362000000	1415500000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	-18800000	-41100000
21	Details of equity share capital
	Paid-up equity share capital	1442100000	1442100000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		39751100000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-0.56	1.23
	Diluted earnings (loss) per share from continuing operations	-0.56	1.23
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	-0.56	1.23
	Diluted earnings (loss) per share from continuing and discontinued operations	-0.56	1.23
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	6302100000
	Capital work-in-progress	2000300000
	Investment property	166600000
	Goodwill	261700000
	Other intangible assets	1785500000
	Intangible assets under development	4018500000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	198600000
	Non-current financial assets
	Non-current investments	1368000000
	Trade receivables, non-current	4098600000
	Loans, non-current	117600000
	Other non-current financial assets	722800000
	Total non-current financial assets	6307000000
	Deferred tax assets (net)	0
	Other non-current assets	715800000
	Total non-current assets	21756100000
2	Current assets
	Inventories	8988400000
	Current financial asset
	Current investments	13000000
	Trade receivables, current	18917300000
	Cash and cash equivalents	705200000
	Bank balance other than cash and cash equivalents	4208000000
	Loans, current	155000000
	Other current financial assets	6105400000
	Total current financial assets	30103900000
	Current tax assets (net)	164200000
	Other current assets	14450300000
	Total current assets	53706800000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	75462900000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	1442100000
	Other equity	39751100000
	Total equity attributable to owners of parent	41193200000
	Non controlling interest
	Total equity	41193200000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	3899000000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	97300000
	Total non-current financial liabilities	3996300000
	Provisions, non-current	530100000
	Deferred tax liabilities (net)	864600000
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	5391000000
	Current liabilities
	Current financial liabilities
	Borrowings, current	9511600000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	744400000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	10042200000
	Total Trade payable	10786600000
	Other current financial liabilities	6138800000
	Total current financial liabilities	26437000000
	Other current liabilities	2268000000
	Provisions, current	158300000
	Current tax liabilities (Net)	15400000
	Deferred government grants, Current
	Total current liabilities	28878700000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	34269700000
	Total equity and liabilites	75462900000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Telecom Products	6112200000	24745600000
2	Turnkey Contracts and Services	1895000000	15894600000
3	Others	0	5000000
	Total Segment Revenue	8007200000	40645200000
	Less: Inter segment revenue	0	0
	Revenue from operations	8007200000	40645200000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Telecom Products	53900000	1332800000
2	Turnkey Contracts and Services	-564300000	2531700000
3	Others	-10100000	-13000000
	Total Profit before tax	-520500000	3851500000
	i. Finance cost	510600000	510600000
	ii. Other Unallocable Expenditure net off Unallocable income	18200000	18200000
	Profit before tax	-1049300000	2165900000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Telecom Products	31993800000	31993800000
2	Turnkey Contracts and Services	35018200000	35018200000
3	Others	54100000	54100000
	Total Segment Asset	67066100000	67066100000
	Un-allocable Assets	8396800000	8396800000
	Net Segment Asset	75462900000	75462900000
4	Segment Liabilities
	Segment Liabilities
1	Telecom Products	16975900000	16975900000
2	Turnkey Contracts and Services	9209200000	9209200000
3	Others	21500000	21500000
	Total Segment Liabilities	26206600000	26206600000
	Un-allocable Liabilities	8063100000	8063100000
	Net Segment Liabilities	34269700000	34269700000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassified to profit or loss	-545600000	1300800000
	Total Amount of items that will not be reclassified to profit and loss	-545600000	1300800000
2	Income tax relating to items that will not be reclassified to profit or loss	-1300000	-1300000
3	Amount of items that will be reclassified to profit and loss
1	Items that will be reclassified to profit or loss	-3600000	-6100000
	Total Amount of items that will be reclassified to profit and loss	-3600000	-6100000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-547900000	1296000000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			2162300000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			1850100000
	Adjustments for decrease (increase) in inventories			-1244200000
	Adjustments for decrease (increase) in trade receivables, current			4313700000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-5076100000
	Adjustments for decrease (increase) in other non-current assets			-87300000
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-4380100000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			2710400000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			1181400000
	Adjustments for increase (decrease) in other non-current liabilities			67900000
	Adjustments for depreciation and amortisation expense			1055100000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			9400000
	Adjustments for provisions, current			35600000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			1622000000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-40500000
	Adjustments for dividend income			0
	Adjustments for interest income			249800000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			47700000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			1815300000
	Net cash flows from (used in) operations			3977600000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			17600000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			3960000000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			44500000
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			16600000
	Purchase of property, plant and equipment			2301700000
	Proceeds from sales of investment property			42400000
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			1790300000
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			-62600000
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			49400000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-1218400000
	Net cash flows from (used in) investing activities	-5183900000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			6600000
	Proceeds from issuing other equity instruments			102000000
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			5901900000
	Repayments of borrowings			2264000000
	Payments of lease liabilities			100900000
	Dividends paid			288400000
	Interest paid			1661400000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			1695800000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			471900000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			471900000
	Cash and cash equivalents cash flow statement at beginning of period			233300000
	Cash and cash equivalents cash flow statement at end of period			705200000