HFCL is engaged in a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and manufacture and supply of high-end telecom equipment, optic fibre and optic fibre cable (OFC).

On consolidated basis, HFCL's net profit rose marginally to Rs 81.86 crore on 4.6% rise in net sales to Rs 1,173.47 crore in Q2 FY23 over Q2 FY22.

Shares of HFCL fell 3.54% to Rs 68.05 on Friday, 27 January 2023.