HFCL shares drop 6% after subdued Q2FY25 earnings; check details here

HFCL share price dropped 5.96 per cent at Rs 117.51 per share on the NSE in Monday’s intraday trade. HFCL stock price dipped after the company posted muted growth in the second quarter of the financial year 2024-25 (Q2FY25).

HFCL’s consolidated revenue declined by 1.62 per cent year-on year (Y-o-Y) to Rs 1,094 crore from Rs 1,112 crore recorded in the same quarter last year. Sequentially, the revenue fell 5.5 per cent compared to Rs 1,158 crore recorded in Q1FY25.