HFCL raises FY27 growth target to 40% with ₹640 crore capex
pre-market1 source ↓written by the desknot a recommendation
- Revenue surged
- 119.85% YoY
- ₹1,914.98 crore
- growth forecast
- 40%
- 20%
- enhances future earnings
- ₹26,665 crore
HFCL reported a net profit of ₹245.64 crore in Q1FY27, a significant recovery from a loss of ₹29.30 crore in Q1FY26. Revenue surged 119.85% YoY to ₹1,914.98 crore, prompting the company to revise its FY27 growth forecast to 40% from 20%. An all-time high order book of ₹26,665 crore enhances future earnings visibility.
Not investment advice. For informational purposes only.