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Hfcl posts robust Q2 as Ebitda surges fivefold and profit turns positive
MUMBAI: Hfcl’s turnaround story gathered pace this quarter, as the technology enterprise reported a stellar second-quarter performance driven by a surge in profitability and expanding international business.
Revenue rose 19.78 per cent quarter-on-quarter to Rs 1,043.34 crore, while Ebitda shot up nearly fivefold to Rs 203.37 crore from Rs 42.93 crore in Q1 FY26. Margins expanded sharply to 19.49 per cent from 4.93 per cent, and profit after tax swung back into the black at Rs 71.92 crore, reversing a Rs 29.30 crore loss last quarter.
Exports remained a bright spot, contributing 28 per cent of total revenue in Q2, up from 24 per cent in Q1 and a mere 10 per cent a year earlier, signalling HFCL’s rising global footprint across Europe, the US, the Middle East and Asia-Pacific.
The company’s defence electronics portfolio also gained traction, with fresh export orders for thermal weapon sights and participation in the Indian Army’s Bmp-2 vehicle upgrade tender underscoring HFCL’s push beyond telecom. A major development came with the Andhra Pradesh government allocating land for its proposed defence manufacturing facility, focused on artillery ammunition shells and multi-mode hand grenades, cementing its ambitions in the self-reliant defence ecosystem.
Managing director Mahendra Nahata said the results reflect “the power of strategic execution and innovation-driven transformation”. He added that the proposed defence facility marks “a commitment to India’s self-reliance and global leadership in advanced technologies.”
HFCL, which operates R&D centres in Gurgaon, Bengaluru and Hyderabad, and manufacturing facilities in Hyderabad, Goa, Manesar, Chennai and Hosur, continues to diversify across 5G products, optical fibre, and defence systems, positioning itself as a trusted partner for global telecom and technology players.
NEW DELHI: Hamdard Laboratories gathered a cross-section of India’s achievers in New Delhi on Friday, handing out the Hakeem Abdul Hameed Excellence Awards to figures who have left their mark across healthcare, education, sport, public service and the arts.
The ceremony, attended by minister of state for defence Sanjay Seth and senior officials from the ministry of Ayush, celebrated individuals whose work blends professional success with a sense of public purpose. It was as much a roll call of achievement as it was a reminder that influence is not measured only in profits or podiums, but in people reached and lives improved.
Among the headline awardees was Alakh Pandey, founder and chief executive of PhysicsWallah, recognised for turning affordable digital learning into a mass movement. On the sporting front, Arjuna Awardee and kabaddi player Sakshi Puniya was honoured for her contribution to the game and for pushing women’s participation onto bigger stages.
The cultural spotlight fell on veteran lyricist and poet Santosh Anand, whose songs have echoed across generations of Hindi cinema. At 97, Anand accepted the honour with characteristic humility, reflecting on a life shaped by perseverance and hope.
Healthcare honours spanned both modern and traditional systems. Manoj N. Nesari was recognised for strengthening Ayurveda’s place in national and global health frameworks. Padma shri Mohammed Abdul Waheed was honoured for his research-backed work in Unani medicine, while padma shri Mohsin Wali received recognition for his long-standing contribution to patient-centred care.
Education and social development also featured prominently. Padma shri Zahir Ishaq Kazi was honoured for decades of work in education, while former Meghalaya superintendent of Police T. C. Chacko was recognised for public service. Goonj founder Anshu Gupta received an award for his dignity-centred rural development initiatives, and the Hunar Shakti Foundation was honoured for empowering women and young girls through skill development.
The Lifetime Achievement Award went to former IAS officer Shailaja Chandra for her long career in public healthcare and governance, particularly in the traditional systems under Ayush.
Speaking at the event, Hamdard chairman Abdul Majeed said the awards were a tribute to those who combine excellence with empathy. “These awardees reflect Hakeem Sahib’s belief that healthcare, education and public service must ultimately serve humanity,” he said.
Minister Seth struck a forward-looking note, saying India’s young population gives the country a unique opportunity to become a global destination for learning, health and wellness by 2047.
The ceremony also featured the trailer launch of Unani Ki Kahaani, an upcoming documentary starring actor Jim Sarbh, set to premiere on Discovery on 11 February.
Instituted in memory of Unani scholar and educationist Hakeem Abdul Hameed, the awards have grown into a national platform that celebrates those building a more inclusive and resilient India. For one evening at least, the spotlight was not just on success, but on service with substance.
