HFCL2023-07-012023-09-30 HFCL2023-07-012023-09-30 HFCL2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member HFCL2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member HFCL2023-09-30 HFCL2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue01Member HFCL2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue02Member HFCL2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue03Member HFCL2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue01Member HFCL2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue02Member HFCL2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue03Member HFCL2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults01Member HFCL2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults02Member HFCL2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults03Member HFCL2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults01Member HFCL2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults02Member HFCL2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults03Member HFCL2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets01Member HFCL2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets02Member HFCL2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets03Member HFCL2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member HFCL2023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member HFCL2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member HFCL2023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member HFCL2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member HFCL2023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member HFCL2023-07-012023-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HFCL2023-07-012023-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HFCL2023-07-012023-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member HFCL2023-07-012023-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500183 HFCL NOTLISTED HFCL Limited Equity 2023-04-01 2024-03-31 2023-10-19 2023-10-10 INR Crores Half yearly 15:00:00 16:15:00 2023-10-19 2023-10-19 true Cash Flow Indirect Not applicable Multi segment 2023-07-01 2023-09-30 Unaudited Consolidated 11114900000.00 171700000.00 11286600000.00 4680500000.00 4218600000.00 -591200000.00 814900000.00 347800000.00 214500000.00 666100000.00 10351200000.00 935400000.00 0.00 935400000.00 128200000.00 111900000.00 240100000.00 0.00 695300000.00 0.00 0.00 0.00 6400000.00 701700000.00 5100000.00 706800000.00 694200000.00 7500000.00 699100000.00 7700000.00 1427700000.00 1 0.50 0.50 0.00 0.00 0.50 0.50 Notes : 1. The above Un-Audited Standalone & Consolidated Financial Results of the Company for the second quarter and half year ended 30th September, 2023 have been reviewed and recommended by the Audit Committee and were approved by the Board of Directors of the Company at their respective meetings held on 19th October, 2023. 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 quarter ended 30th September, 2023, 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. 171.44 Crore ( including share issue expenses) towards purposes/objects specified in the placement document during the current quarter ended 30th September, 2023. The balance amount of QIP proceeds amounting to Rs.175.00 Crore remains invested in fixed deposits and Rs.5.56 Crore is lying in current account with scheduled commercial banks as Interim use of funds. 4. The Consolidated financial results for the second quarter and half year ended 30th September, 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. For the quarter ended 30th September, 2023, Other income for standalone financials includes i) subsidy under state incentive scheme of Rs. 1.22 crore (Previous year: Rs. 5.30 crore), ii) financial guarantee income of Rs. 1.07 crore ( Previous year: Rs.4.02 crore) and (iii) Exchange Fluctuation Gain / (Loss) (Net) of Rs (0.17) crore (previous year: Rs 18.15 crore), Provisions written back of Rs 9.77 crore (Previous year: Rs. Nil) 6. Earning per share is not annualised for the quarter and half year ended 30th September, 2023, quarter and half year ended 30th Sep 2022 and quarter ended 30th June, 2023. 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 : 19th October, 2023 Multi segment 2023-04-01 2023-09-30 Unaudited Consolidated 21066800000.00 303400000.00 21370200000.00 9366300000.00 6370300000.00 -551500000.00 1729100000.00 710800000.00 423500000.00 1362100000.00 19410600000.00 1959600000.00 0.00 1959600000.00 264200000.00 245600000.00 509800000.00 0.00 1449800000.00 0.00 0.00 0.00 7500000.00 1457300000.00 -4100000.00 1453200000.00 1375200000.00 82100000.00 1371400000.00 81800000.00 1427700000.00 1 0.99 0.99 0.00 0.00 0.99 0.99 Other Expense 666100000.00 Other Expense 1362100000.00 447800000.00 5086600000.00 664400000.00 323900000.00 261700000.00 258900000.00 2889600000.00 0.00 193200000.00 390300000.00 4856100000.00 90000000.00 547300000.00 5883700000.00 0.00 620700000.00 16182700000.00 8124900000.00 50400000.00 18806700000.00 2266000000.00 2286800000.00 210100000.00 6654300000.00 30274300000.00 348500000.00 4265100000.00 43012800000.00 0.00 0.00 59195500000.00 1427700000.00 34168600000.00 35596300000.00 36044100000.00 1321600000.00 0.00 206400000.00 1528000000.00 457700000.00 533200000.00 0.00 0.00 2518900000.00 7288800000.00 7874700000.00 4118300000.00 19281800000.00 1073600000.00 131900000.00 145200000.00 0.00 20632500000.00 23151400000.00 59195500000.00 Others 0.00 Telecom Products 4738100000.00 Turnkey Contracts and Services 6376800000.00 Others 0.00 Telecom Products 11362400000.00 Turnkey Contracts and Services 9704400000.00 11114900000.00 21066800000.00 0.00 0.00 11114900000.00 21066800000.00 Others -10900000.00 Telecom Products 387700000.00 Turnkey Contracts and Services 853200000.00 Others -22500000.00 Telecom Products 1686600000.00 Turnkey Contracts and Services 910700000.00 1230000000.00 2574800000.00 347800000.00 710800000.00 -59600000.00 -103100000.00 941800000.00 1967100000.00 Others 78800000.00 Telecom Products 21008700000.00 Turnkey Contracts and Services 30036400000.00 51123900000.00 8071700000.00 59195600000.00 Others 4200000.00 Telecom Products 9481200000.00 Turnkey Contracts and Services 8263100000.00 17748500000.00 5403100000.00 23151600000.00 710800000.00 -546500000.00 -639300000.00 0.00 1064700000.00 -16700000.00 0.00 -1281600000.00 0.00 -905400000.00 0.00 514400000.00 44400000.00 423600000.00 -8900000.00 8900000.00 0.00 -1321600000.00 0.00 77500000.00 0.00 91400000.00 0.00 0.00 -7500000.00 0.00 -13700000.00 -1500000.00 0.00 -1974800000.00 -15200000.00 0.00 0.00 0.00 510700000.00 0.00 -525900000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3700000.00 755000000.00 89500000.00 0.00 0.00 0.00 0.00 0.00 0.00 1039100000.00 0.00 0.00 0.00 0.00 -9800000.00 0.00 0.00 0.00 0.00 10600000.00 0.00 216100000.00 0.00 -1464400000.00 0.00 0.00 3525700000.00 0.00 0.00 0.00 0.00 0.00 1365400000.00 238200000.00 0.00 43500000.00 0.00 899200000.00 0.00 -90600000.00 3619600000.00 1629300000.00 636700000.00 2266000000.00 0.00 2266000000.00 Items that will not be reclassified to profit or loss 11400000.00 Items that will not be reclassified to profit or loss -3600000.00 11400000.00 -3600000.00 2800000.00 -600000.00 Items that will be reclassified to profit or loss -3500000.00 Items that will be reclassified to profit or loss -1100000.00 -3500000.00 -1100000.00 0.00 0.00