On standalone basis, the Company has achieved revenue of~ 1201 Crs ( 16%), EBIDTA of~ 164 Crs ( 84%), PBT of~ 136 Crs ( 94%) and PAT of~ 89 Crs ( 102%).
Having achieved significant growth in revenue , Company`s focus has been on driving increased margins. A lot of initiative that the Company had taken towards business transformation have now fructified. The impressive spurt in performance is attributable to this strategy which was implemented across all the business streams. Commenting on the performance, Mr. Mahendra Nahata, the Managing Director said, 11 While Q1FY20 can be termed as an excellent Quarter for HFCL, what is more remarkable is the consistency at which the Company is able to deliver stellar performance. The holistic strengthening of organisational capabilities undertaken over the last 7-8 quarters is beginning to show the results.
Reflecting on the road ahead for HFCL, he further added, II We are focused on new products and technologies which shall open additional growth avenues and ensure sustainability. We also continue to leverage our core strength of design, development and management of communication networks in newer application domains such as railways, defence and safe
No comments:
Post a Comment