BusinessPhoto: NDTV BusinessHFCL Doubles FY27 Revenue Growth Target to 80% After Strong Q2
HFCL Ltd. has raised its FY27 revenue growth target to at least 80%, up from 40%, following a strong Q2 performance. Managing Director Mahendra Nahata attributed this to rising demand for AI infrastructure, hyperscale data centres, and telecom networks. In Q2, consolidated net profit surged to Rs 363 crore from Rs 68 crore, revenue rose to Rs 2,542 crore from Rs 1,043 crore, and EBITDA increased to Rs 631 crore with a margin of 24.8%.
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