HFCLNSEHFCL Limited· Telecommunication - EquipmentMediumNeutral
Announced Thu, 22 May · 18:07 IST

HFCL Limited has informed the Exchange about Designating and appointing Mr. Bhunvesh Sachdeva as Senior Vice President International Sales for Communication Business Products of the Company w.e.f. May 22, 2025 in the category of Senior Management Personnel of the Company

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

HFCL's Board met on May 22, 2025 and approved the audited Q4 and full-year FY25 financial results. Standalone revenue for FY25 came in at Rs. 3,795.22 crore, down from Rs. 4,074.59 crore last year, while standalone profit after tax fell to Rs. 194.75 crore from Rs. 309.66 crore. On a consolidated basis, revenue slipped to Rs. 4,064.52 crore and PAT to Rs. 173.26 crore. The Q4 standalone numbers were weak, with the company posting a loss of Rs. 72.59 crore versus a profit of Rs. 115.44 crore in the year-ago quarter. The Board has recommended a 10% dividend (Re. 0.10 per share) for FY25, subject to shareholder approval. Separately, Mr. Bhunvesh Sachdeva was elevated to Senior Vice President – International Sales (Communication Business Products), and Mr. Baldev Singh Kashtwal was appointed as Secretarial Auditor for five years (FY26–FY30).

Likely market impact

Investors should note the year-on-year decline in both revenue and profitability, especially the sharp swing to a Q4 loss, which is likely to weigh on short-term sentiment. The small dividend and internal leadership changes are routine, but the weak results are the main takeaway from this filing.