 "earnings")
Himachal Futuristic Communications Limited (HFCL) on Wednesday reported a net profit of Rs 117 crore for the June quarter (Q1FY20).
India’s leading telecom infra developer, system integrator and manufacturer of high-end telecom equipment and optical fibre cables had reported a net profit of Rs 44 crore in the same quarter last year.
The company's consolidated revenue stood at Rs 1,343 crore and EBIDTA came in at Rs 194 crore.
The all-round performance was powered by change in revenue mix, accelerated project execution and efficiency improvement.
Commenting on the performance, Mahendra Nahata, the Managing Director said, "While Q1FY20 can be termed as an excellent
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