HFCL2023-10-012023-12-31 HFCL2023-10-012023-12-31 HFCL2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member HFCL2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member HFCL2023-12-31 HFCL2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue01Member HFCL2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue02Member HFCL2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue03Member HFCL2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue01Member HFCL2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue02Member HFCL2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue03Member HFCL2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults01Member HFCL2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults02Member HFCL2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults03Member HFCL2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults01Member HFCL2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults02Member HFCL2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults03Member HFCL2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets01Member HFCL2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets02Member HFCL2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets03Member HFCL2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member HFCL2023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member HFCL2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member HFCL2023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member HFCL2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member HFCL2023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member HFCL2023-10-012023-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HFCL2023-10-012023-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HFCL2023-10-012023-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member HFCL2023-10-012023-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500183 HFCL NOTLISTED HFCL Limited Equity 2023-04-01 2024-03-31 2024-02-01 2024-01-13 INR Crores Third quarter 16:10:00 17:35:00 2024-02-01 2024-02-01 Not applicable Multi segment 2023-10-01 2023-12-31 Unaudited Consolidated 10323100000.00 467200000.00 10790300000.00 5347200000.00 2261000000.00 -47500000.00 900800000.00 365500000.00 192700000.00 694300000.00 9714000000.00 1076300000.00 0.00 1076300000.00 122200000.00 132100000.00 254300000.00 0.00 822000000.00 0.00 0.00 0.00 2300000.00 824300000.00 -2400000.00 821900000.00 822400000.00 2000000.00 819900000.00 2100000.00 1427700000.00 1 0.58 0.58 0.00 0.00 0.58 0.58 0.00 0.00 0.00 Notes : 1. The above Un-Audited Standalone & Consolidated Financial Results of the Company for the third quarter and nine months ended 31st December, 2023 have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on 1st February, 2024. 2. The above Results are in compliance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015 (as amended). 3. During the year, the Company has issued 5,10,14,491, equity shares of face value of Re. 1 each at an issue price of Rs.69/- per equity share (including premium of Rs.68/- per equity share), aggregating to ~Rs. 352.00 Crore (including securities premium of Rs.346.90 Crore). The issue was made through eligible Qualified Institutions Placement ( QIP ) in terms of chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 as amended, Section 42 & 62 and other relevant provisions of the Companies Act, 2013. Out of the proceeds from QIP issue, the Company had utilized Rs. 276.61 Crore ( including interest earned on fixed deposits amounting to Rs 1.46 Crore and share issue expenses amounting to Rs 9.31 Crore) towards purposes/objects specified in the placement document.The balance amount of QIP proceeds amounting to Rs.76.85 Crore remains invested in fixed deposits and monitoring account with scheduled commercial bank. 4. The Consolidated financial results for the third quarter and nine months ended 31st December, 2023 includes the results of the following entities: a. HFCL Limited (HFCL) (Holding Company) b. HTL Limited (Subsidiary) c. Raddef Private Limited (Subsidiary) d. Moneta Finance Private Limited (Wholly owned Subsidiary) e. Polixel Security Systems Private Limited (Wholly owned Subsidiary) f. HFCL Advance Systems Private Limited (Wholly owned Subsidiary) g. DragonWave HFCL India Private Limited (Wholly owned Subsidiary) h. HFCL Technologies Private Limited (Wholly owned Subsidiary) i. HFCL Inc. (Wholly owned Subsidiary) - United States of America j. HFCL B.V. (Wholly owned Subsidiary) - Netherlands k. Nimpaa Telecommunications Private Limited (Jointly Controlled Entity) l. BigCat Wireless Private Limited (Jointly Controlled Entity with 50% voting rights) 5. In the matter of an Arbitration Award given in favour of the Company, Interest claim of Rs 36.25 Crore (upto 31st December 2023) on the principal amount of Rs 36.95 Crore has been shown under other income for the quarter ended 31st December 2023. 6. Basic and Diluted Earnings per Share (EPS) for the three and nine months ended period is not annualised. 7. The figures of the previous periods have been re-grouped/ re-arranged wherever considered necessary. (Mahendra Nahata) Managing Director DIN 00052898 Place : New Delhi Date : 1st February, 2024 Multi segment 2023-04-01 2023-12-31 Unaudited Consolidated 31389900000.00 770600000.00 32160500000.00 14713500000.00 8631300000.00 -599000000.00 2629900000.00 1076300000.00 616200000.00 2056400000.00 29124600000.00 3035900000.00 0.00 3035900000.00 386400000.00 377700000.00 764100000.00 0.00 2271800000.00 0.00 0.00 0.00 9800000.00 2281600000.00 -6500000.00 2275100000.00 2197500000.00 84100000.00 2191200000.00 83900000.00 1427700000.00 1 1.57 1.57 0.00 0.00 1.57 1.57 0.00 0.00 0.00 Other Expense 694300000.00 Other Expense 2056400000.00 Others 0.00 Telecom Products 3638300000.00 Turnkey Contracts and Services 6684800000.00 Others 0.00 Telecom Products 15000700000.00 Turnkey Contracts and Services 16389200000.00 10323100000.00 31389900000.00 0.00 0.00 10323100000.00 31389900000.00 Others 0.00 Telecom Products 352400000.00 Turnkey Contracts and Services 1030000000.00 Others 100000.00 Telecom Products 2016400000.00 Turnkey Contracts and Services 1940700000.00 1382400000.00 3957200000.00 365500000.00 1076300000.00 -61700000.00 -164800000.00 1078600000.00 3045700000.00 Others 121400000.00 Telecom Products 22339400000.00 Turnkey Contracts and Services 31706000000.00 54166800000.00 6797500000.00 60964300000.00 Others 5000000.00 Telecom Products 7594600000.00 Turnkey Contracts and Services 10207000000.00 17806600000.00 6290900000.00 24097500000.00 Items that will not be reclassified to profit or loss 3300000.00 Items that will not be reclassified to profit or loss -300000.00 3300000.00 -300000.00 800000.00 200000.00 Items that will be reclassified to profit or loss -4900000.00 Items that will be reclassified to profit or loss -6000000.00 -4900000.00 -6000000.00 0.00 0.00