HFCL's Q2 profit rises more than fivefold to ₹394 crore; order book above ₹28,900 crore

What happened

• HFCL reported a profit after tax of ₹394.22 crore for the September 2026 quarter against ₹71.92 crore a year earlier, up 448% on Kotak Neo's figures, according to Kotak Neo and Upstox; Upstox rounds the two amounts to ₹394 crore and ₹71.9 crore.
• Kotak Neo put revenue up 143.6% at ₹2,541.79 crore from ₹1,043.34 crore. EBITDA was ₹658 crore against about ₹203 crore, a margin of 25.89%, Kotak Neo said. Profit before tax was ₹538.60 crore against ₹106.34 crore.
• Upstox put the order book at ₹28,900 crore against ₹9,981 crore a year earlier. Kotak Neo reported first-half profit of ₹639.86 crore, planned capital expenditure of about ₹1,800 crore on manufacturing expansion, and a revenue growth target of at least 80% for the year.
• The results were reported during the session; Upstox timed its report at 1:02 PM. The shares closed at ₹268.81 on Kite data, up 5.00% from ₹256.01, the day's upper limit, which Upstox also reported.

Why it matters

Good to know: An order book is the value of contracts a company has won but not yet delivered and billed. It shows how much work is lined up, not how much of it will turn into revenue in any one quarter.

Key facts

Profit after tax

₹394.22 crore (₹71.92 crore a year earlier)

Revenue

₹2,541.79 crore, up 143.6%

EBITDA margin

25.89%

Order book

Above ₹28,900 crore (₹9,981 crore a year earlier)

Planned capital expenditure

About ₹1,800 crore

Read the source

• HFCL Q2FY27 results: Net profit soars 5x to ₹394 crore; shares locked in 5% upper circuitUpstox
• HFCL Q2 Earnings: Profit Rises 448% Year-On-Year, Order Book Exceeds ₹28,900 Crore And Shares Gain 5%Kotak Neo

HFCL in the news before

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