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iso4217:INRxbrli:pureiso4217:INRxbrli:shares

500183

HFCL

NOTLISTED

INE548A01028

HFCL LIMITED

Main Board

Equity

2025-04-01

2026-03-31

2025-07-25

2025-07-18

INR

Crores

Quarterly

First quarter

Multi segment

2025-07-25

12:00:00

2025-07-25

12:50:00

Not applicable

true

false

Not Applicable

2025-04-01

2025-06-30

Unaudited

Standalone

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-0.29

Notes 1 The above Unaudited Standalone Consolidated Financial Results of the Company for the first quarter ended 30th June 2025 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 25th July 2025 2 The above Results are in compliance with the Indian Accounting Standards IndAS as prescribed under Section 133 of the Companies Act 2013 read with the Companies Indian Accounting Standards Rules 2021 as amended 3 During the Financial year 202324 the Company had issued 51014491 equity shares of face value of Re 1 each at an issue price of Rs69 per equity share including premium of Rs68 per equity share aggregating to Rs 35200 Crore including securities premium of Rs34690 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 29380 Crore including share issue expenses towards purposesobjects specified in the placement documentThe balance amount of QIP proceeds amounting to Rs5820 Crore remains invested in fixed deposits with scheduled commercial banks as interim use of funds Further the balance unutilized amount of Rs5820 crores originally earmarked for capital expenditure in accordance with the Placement Document dated August 31 2023 was to be utilized by July 31 2025 The Board at its meeting held today ie July 25 2025 has approved an extension of the timeline for utilization of the said amount up to March 31 2026 4 The Consolidated financial results for the first quarter ended 30th June 2025 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 United States of America (Wholly owned Subsidiary) j HFCL BV Netherlands (Wholly owned Subsidiary) k Nimpaa Telecommunications Private Limited (Jointly Controlled Entity) l BigCat Wireless Private Limited (Jointly Controlled Entity) m HFCL Canada Inc Canada (Wholly owned Subsidiary of HFCL BV Netherlands) n HFCL Poland Sp zoo (Formerly Blue Diwali Sp zoo Poland) (Wholly owned Subsidiary of HFCL BV Netherlands) o HFCL UK Limited United Kingdom (Wholly owned Subsidiary of HFCL BV Netherlands) p HFCL Pty Limited Australia (Wholly owned Subsidiary of HFCL BV Netherlands) 5 Earning per share is not annualised for the Quarter ended 30th June 2025 31st March 2025 and 30th June 2024 6 The Figures of the quarter ended March 31 2025 were balancing figures between audited figures in respect of the full financial year ended 31st March 2025 and the published year to date figures upto the third quarter of the respective financial year which were subject to limited review by the Auditors 7 The figures of the previous periods have been regrouped rearranged wherever considered necessary (Mahendra Nahata) Managing Director DIN 00052898 Place : New Delhi Date : 25th July, 2025

Other Expenses

893700000

Telecom Products

4855700000

Turnkey Contracts and Services

3037100000

Others

7892800000

Telecom Products

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Turnkey Contracts and Services

-532900000

Others

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Telecom Products

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Turnkey Contracts and Services

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Others

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Telecom Products

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Turnkey Contracts and Services

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Others

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Items that will not be reclassified to profit or loss

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Items that will be reclassified to profit or loss

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QIP

2023-08-31

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2025-06-30

true

Care Ratings Limited

false

Not Applicable

No Comments

Manoj Baid

Company Secretary and Compliance Officer

New Delhi

2025-07-25

Capital expenditure

750000000

168000000

Funds utilised during the quarter: Rs.3.68 Crores

Research and Development Expenditure

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Repayment/prepayment of our short term borrowings

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Funding Working Capital Requirements

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General corporate purposes

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The actual issue proceeds come to Rs.352 Crore approx. and as per placement document, the expenses related to the issue were estimated at Rs.9.50 Crores. However, the actual issue related expenses incurred as on December 31, 2023 were Rs.9.31 Crores. Accordingly, the balance unutilised Rs.0.19 Crore were already transferred to the Monitoring Account on December 30, 2023. During the quarter ended December 31, 2023, the utilisation of funds under the object General corporate purposes increased from estimated amount of Rs.33.46 Crore to Rs.33.65 Crore due to decline in actualization of issue expenses from the estimated issue expenses by Rs.0.19 Crore. Accordingly, the net issue proceeds allocated towards various Objects are Rs.342.69 Crore.