HFCL Q4 results: Posts net profit of Rs 86.50 crore; company firms up 5G plans

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NEW DELHI: Limited, a homegrown optic fibre-to-night-vision devices maker, said that its existent bid publication presently stands astatine Rs 6,875-crore, and the institution would proceed to absorption connected next-generation (5G) portfolio, pursuing which it has firmed up plans to plan 5G tiny and micro cells.

Delhi-based institution posted a net profit of Rs 86.47-crore for the 4th ended March 31, 2021, a 1.6% summation implicit the erstwhile quarter’s Rs 85.11 crores. HFCL’s full income stood astatine Rs 1,391.40-crore successful Q4, 2020-21 implicit Rs 1,277.40-crore successful Q3 FY 2020-21.

The institution attributed maturation chiefly to its in-house designed and developed products, successful enactment with the Atmanirbhar Bharat (self-reliant India) which it said would proceed to adhd to its wide profitability.

“We anticipation to support the maturation adjacent year, and volition proceed to person a bully maturation trajectory,” Mahendra Nahata, managing manager of HFCL Limited said, adding that the institution is readying to summation Fibre-to-the-Home oregon FTTH cable accumulation to 4 cardinal fibre kilometres this year.

The home fibre shaper works intimately with incumbent telecom carriers. Both Reliance Jio and Bharti Airtel are aggressively focussing connected expanding the FTTH web footprint successful ample cities for triple-play services.

On the backdrop of soon-to-commercialise 5G networks, the homegrown company, according to Nahata, would kickstart designing of tiny and micro cells astatine its Gurugram and Bengaluru facilities soon.

The institution has designed, developed and produced in-house Wi-Fi 6 systems, compatible with the adjacent procreation (5G) technology, successful summation to point-to-point and point-to-multipoint radios.

By the extremity of December 2020, the institution had shipped 100,000 indigenously designed, developed, and manufactured Wi-Fi systems.

With the existent bid publication of Rs 6,800 crore, the institution believes that much applicable concern opportunities are expected to travel arsenic India moves person to 5G commercialized rollouts.

The institution is besides optimistic astir its concern successful the defence assemblage arsenic the institution supplies physics fuses and night-vision devices to the Indian equipped forces.

The concern betwixt the telecom and defence is evenly distributed presently.

The institution has besides precocious partnered with state-run Centre for Development of Telematics (C-DoT) to co-design Fibre-to-the-Home (FTTH) and Gigabit Passive Optical Network (G-PON) solutions.

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