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HFCL Q2 net at Rs 30cr

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BS Reporter New Delhi
HFCL Q2 net at Rs 30cr
BS Reporter / New Delhi November 2, 2006
Cashing in on the telecom boom, Himachal Futuristic Communications (HFCL) on Thursday reported a 21.63% growth in net turnover to Rs 250.30 crore for the quarter ended September 30, 2006 when compared with Rs 205.78 crore in the same period last year.

For the quarter under review, HFCL's net profit rose 75% to Rs 30.24 crore as against Rs 17.33 crore in the corresponding period last year.

The performance has been and will continue to be driven by the increased demand from telecom services providers, a company release said.

Mahendra Nahata, managing director of HFCL said: "HFCL

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First Published: Nov 02 2006 | 12:38 PM IST

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