Shares of HFCL Ltd, an Indian telecom equipment manufacturer, fell by 2.59% to ₹82.31 in early trading on Thursday following the announcement of a consolidated net loss of ₹83 crore for Q4 FY25. This is a significant downturn compared to the net profit of ₹109 crore reported during the same period last year.
The company's revenue from operations decreased by 39% year-on-year, reaching ₹800 crore in Q4 FY25, down from ₹1,326 crore in Q4 FY24. HFCL attributed this decline to reduced demand for optical fibre cables, pricing pressures from new telecom product launches, and slower project execution in its EPC segment.
Despite these challenges, the Board has declared a 10% dividend for FY25, amounting to ₹0.10 per equity share, indicating confidence in the company's long-term prospects. As of the reporting time, HFCL's stock traded at ₹82.31, with a market capitalization of ₹115.23 billion. The stock's P/E ratio is 31.46, and the dividend yield is 0.25%.