Brands
Telco gear maker HFCL posts PAT of Rs 84.67 crore in Q4
NEW DELHI: Homegrown telecom gear maker HFCL reported net profit of Rs 86.47-crore for the quarter ended 31 March 2021, a 1.6 per cent increase over the previous quarter’s Rs 85.11 crores.
In its earnings reports, the company mentioned it will continue to focus on next-generation and 5G portfolios, following which it has firmed up plans to design 5G small and micro cells.
HFCL’s current order book stands at Rs 6,875 crore while posting total income of Rs 1,391.4 crore in Q4, as against Rs 1,277.4 crore in Q3. In terms of year-on-year performance, PAT has surged 1364.88 per cent from Rs 5.78 crores for the period ended 31 March 2020. Consolidated income recorded a manifold increase as well, up 109.24 per cent from Rs 668.07 crores at the end of FY20.
The optic fibre-to-night-vision devices maker reported a total income of Rs 4459.09 crore and net profit of Rs 239 crore during the 12 months period ended 31 March 2021 .
The company attributed growth mainly to its in-house designed and developed products, in line with the Atmanirbhar Bharat initiative which is adding to its overall profitability.
The domestic fibre maker works closely with telecom giants like Reliance Jio and Bharti Airtel; both telcos are going aggressive on increasing the FTTH network footprint in large cities for triple-play services. As India moves closer to 5G commercial rollouts, HFCL believes that more relevant business opportunities will soon knock on their doors.
Brands
Faber-Castell India appoints Sunaina Haldar as director – marketing
With stints at Tata, SleepyCat and ADF Foods under her belt, Haldar is primed to redraw Faber-Castell’s brand story
MUMBAI: Faber-Castell India has poached Sunaina Haldar from ADF Foods, appointing her director – marketing as the German stationery brand looks to muscle up in a category that is rapidly reinventing itself around creativity and self-expression.
Haldar hit the ground running. “My first couple of weeks have been incredibly energising, understanding consumers, visiting markets, engaging with retailers and immersing myself into the world of Faber-Castell Group,” she said.
She arrives with considerable firepower. At ADF Foods, Haldar ran marketing across India and international markets for a portfolio spanning Ashoka, Aeroplane, Camel and ADF Soul. Before that, she was vice-president – marketing at direct-to-consumer mattress brand SleepyCat, where she helmed brand, content and performance marketing. Her résumé also includes a stint leading marketing, new product development and CRM for Tata SmartFoodz at Tata Consumer Products, no small proving ground.
Between corporate roles, Haldar also operated as a fractional CMO for early-stage startups, building marketing strategy and operational structures from scratch, a signal that she knows how to move fast with limited resources.
With 18 years straddling FMCG, D2C and the startup world, Haldar now takes the reins at a brand that has long owned the classroom but is clearly hungry for the living room. In a stationery market where the pencil has become a lifestyle statement, Faber-Castell has picked someone who knows exactly how to sell that story.
