5001832022-07-012022-09-305001832022-09-305001832022-03-315001832022-04-012022-09-305001832022-07-012022-09-30in-bse-fin:OtherExpenses1Member5001832022-04-012022-09-30in-bse-fin:OtherExpenses1Member5001832022-07-012022-09-30in-bse-fin:ReportableSegments1Member5001832022-07-012022-09-30in-bse-fin:ReportableSegments2Member5001832022-07-012022-09-30in-bse-fin:ReportableSegments3Member5001832022-04-012022-09-30in-bse-fin:ReportableSegments1Member5001832022-04-012022-09-30in-bse-fin:ReportableSegments2Member5001832022-04-012022-09-30in-bse-fin:ReportableSegments3Member5001832022-07-012022-09-30in-bse-fin:ReportableSegments1Member5001832022-07-012022-09-30in-bse-fin:ReportableSegments2Member5001832022-07-012022-09-30in-bse-fin:ReportableSegments3Member5001832022-04-012022-09-30in-bse-fin:ReportableSegments1Member5001832022-04-012022-09-30in-bse-fin:ReportableSegments2Member5001832022-04-012022-09-30in-bse-fin:ReportableSegments3Member5001832022-07-012022-09-30in-bse-fin:ReportableSegments1Member5001832022-09-30in-bse-fin:ReportableSegments1Member5001832022-07-012022-09-30in-bse-fin:ReportableSegments2Member5001832022-09-30in-bse-fin:ReportableSegments2Member5001832022-07-012022-09-30in-bse-fin:ReportableSegments3Member5001832022-09-30in-bse-fin:ReportableSegments3Member5001832022-07-012022-09-30in-bse-fin:ReportableSegments1Member5001832022-09-30in-bse-fin:ReportableSegments1Member5001832022-07-012022-09-30in-bse-fin:ReportableSegments2Member5001832022-09-30in-bse-fin:ReportableSegments2Member5001832022-07-012022-09-30in-bse-fin:ReportableSegments3Member5001832022-09-30in-bse-fin:ReportableSegments3Member5001832022-07-012022-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15001832022-04-012022-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15001832022-07-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15001832022-04-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares500183HFCLNOTLISTEDINE548A01028HFCL LIMITEDEquity2022-04-012023-03-312022-10-182022-10-10INRCroresHalf yearlyMulti segment2022-10-1817:00:002022-10-1817:45:00trueCash Flow IndirectNot applicable2022-07-012022-09-30UnauditedConsolidated11734700000859000001182060000045280000004062800000-2218000008973000003944000002132000008083000001068220000011384000000113840000028870000063000002950000000843400000000-300000843100000-98000008333000008184000002450000080880000024400000137590000010.60.6000.60.6 Notes : <BR> 1. The above Un-Audited Standalone & Consolidated Financial Results of the Company for the second quarter and half year ended 30th September, 2022 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 18th October, 2022. <BR> <BR> 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 from time to time. <BR> 3. During the Financial year 2021-22, the Company had issued 8,72,72,727 equity shares of face value of Re. 1 each at an issue price of Rs.68.75 per equity share (including premium of Rs.67.75 per equity share), aggregating to Rs 600.00 crore (including securities premium of Rs.591.27 crore). The issue was made through eligible Qualified Institutional 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 net proceeds from QIP issue, the Company has fully utilised the QIP proceeds up to 30th September, 2022, towards purposes specified in the placement document. <BR> 4. The Board of Directors and Shareholders of the Company at their meetings held on September 02, 2022 and September 30, 2022 respectively, has approved the issuance up to 1,41,00,000 (One crore forty one lakhs) warrants convertible into 1,41,00,000 equity shares at a price of Rs.80/- per equity share to one of the Promoters of the Company and certain persons belonging to non-Promoter category being senior leadership team. Subsequently, on receipt of warrant subscription price being Rs.20/- per warrant equivalent to 25% of the Warrant Exercise Price i.e., Rs.80/- per warrant, aggregating to Rs.28.20 crores, the Allotment Committee of the Board of Directors at its meeting held on October 15, 2022, has allotted 1,41,00,000 (One Crore Forty-One Lacs ) Warrants, being the entire issue, on preferential basis to aforesaid entity/persons. Balance consideration of Rs. 60/- per warrant, being 75% of the Warrant Exercise Price shall be payable within 18 months from the allotment date, at the time of exercising the warrants to apply for fully paid-up equity share of Re.1/- each of the Company, against each warrant held by the warrant holders. <BR> <BR> 5. The Consolidated results for the half year ended 30th September, 2022 includes the results of the following entities: <BR> a. HFCL Limited. (HFCL) (Holding Company) <BR> b. HTL Limited. (Subsidiary) <BR> c. Moneta Finance Pvt. Limited (Wholly owned Subsidiary) <BR> d. Polixel Security Systems Pvt. Limited (Wholly owned Subsidiary) <BR> e. HFCL Advance Systems Pvt. Limited (Wholly owned Subsidiary) <BR> f. DragonWave HFCL India Pvt. Limited (Wholly owned Subsidiary) <BR> g. Raddef Pvt. Limited (Subsidiary) <BR> h. Nimpaa Telecommunications Private Limited (Jointly Controlled Entity) <BR> i. HFCL Technologies Pvt. Limited (Wholly owned Subsidiary) <BR> j. BigCat Wireless Pvt. Limited (Jointly Controlled Entity with 50% voting rights) <BR> k. HFCL Inc. (Wholly owned Subsidiary) - United States of America <BR> l. HFCL B.V. (Wholly owned Subsidiary) - Netherlands <BR> 6. Other income includes i) subsidy under state incentive scheme of Rs. 1.33 crore (Previous quarter Rs.1.39 crore), ii) recovery of damages & penalty of 2.26 crore ( Previous quarter Rs.13.34 crore) and iii) financial guarantee income of 0.90 crore ( Previous quarter Rs.0.90 crore). <BR> 7. The figures of the previous periods have been re-grouped/ re-arranged wherever considered necessary. <BR> <BR> <BR> (Mahendra Nahata) <BR> Managing Director <BR> DIN 00052898 <BR> <BR> Place : New York <BR> Date : 18th October, 2022 <BR> 2022-04-012022-09-30UnauditedConsolidated222448000002851000002252990000096763000006862000000-3141000001717500000772400000414000000154470000020672800000185710000001857100000475500000-200000047350000001383600000000-96000001374000000-74000001366600000133010000043800000132280000043800000137590000010.970.97000.970.97OtherExpenses808300000OtherExpenses1544700000473950000088890000023190000026170000020700000088780000001470000003490000007100500000105000000373600000792810000052900000326100000156709000007118700000127700000159835000001366900000181850000026280000054458000002500520000082200000506160000037267700000005293860000013759000002770420000029080100000243500000293236000001211500000018620000013977000003886000000001786300000612140000010272500000416580000020559700000853000000112800000303200000021828700000002361500000052938600000Telecom Products6710400000Turnkey Contracts and Services5024300000Others0Telecom Products12911400000Turnkey Contracts and Services9333400000Others01173470000022244800000001173470000022244800000Telecom Products817600000Turnkey Contracts and Services686200000Others-4800000Telecom Products1466500000Turnkey Contracts and Services1100100000Others-960000014990000002557000000394400000772400000-33500000-6290000011381000001847500000Telecom Products17153600000Turnkey Contracts and Services29853400000Others1800000047025000000591350000052938500000Telecom Products11113500000Turnkey Contracts and Services8029800000Others980000019153100000446190000023615000000772400000-138500000018366000000-111960000000-15743000000-968000000-15640000024700000414000000-510000014200000000007790000000960000009400000-15000000-1354900000502200000000493800000084000000727000000000007000009936000000003834000000000000002400000000028400000033237000001900700000002140000000000680700000645500000053100000071770000000-7142000001194900000011949000001720000001366900000Items that will not be reclassified to profit or loss-6200000-6200000Items that will not be reclassified to profit or loss200000200000-4400000-1200000Items that will be reclassified to profit or loss-8000000-8000000Items that will be reclassified to profit or loss-8800000-880000000