HFCL Ltd
NSE:HFCL
Income Statement
Earnings Waterfall
HFCL Ltd
Revenue
|
44.7B
INR
|
Cost of Revenue
|
-32.2B
INR
|
Gross Profit
|
12.4B
INR
|
Operating Expenses
|
-7.4B
INR
|
Operating Income
|
5B
INR
|
Other Expenses
|
-1.7B
INR
|
Net Income
|
3.3B
INR
|
Income Statement
HFCL Ltd
Mar-2002 | Jun-2002 | Sep-2002 | Dec-2002 | Mar-2003 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||
Revenue |
8 894
N/A
|
9 336
+5%
|
8 919
-4%
|
8 488
-5%
|
8 322
-2%
|
5 922
-29%
|
10 848
+83%
|
15 450
+42%
|
22 029
+43%
|
10 883
-51%
|
23 014
+111%
|
35 223
+53%
|
47 378
+35%
|
49 922
+5%
|
47 586
-5%
|
43 912
-8%
|
38 389
-13%
|
31 960
-17%
|
32 708
+2%
|
36 948
+13%
|
44 230
+20%
|
49 301
+11%
|
49 979
+1%
|
49 356
-1%
|
47 271
-4%
|
45 713
-3%
|
46 227
+1%
|
44 933
-3%
|
47 433
+6%
|
46 875
-1%
|
46 255
-1%
|
45 720
-1%
|
44 651
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5 772)
|
(6 152)
|
(5 797)
|
(5 610)
|
(5 613)
|
(4 109)
|
(7 447)
|
(10 608)
|
(17 014)
|
(9 181)
|
(19 397)
|
(29 594)
|
(39 528)
|
(40 679)
|
(37 872)
|
(34 314)
|
(29 506)
|
(24 052)
|
(24 752)
|
(27 975)
|
(34 303)
|
(37 662)
|
(37 718)
|
(36 888)
|
(35 338)
|
(34 029)
|
(34 233)
|
(32 759)
|
(35 280)
|
(33 811)
|
(33 750)
|
(33 752)
|
(32 204)
|
|
Gross Profit |
3 121
N/A
|
3 183
+2%
|
3 121
-2%
|
2 877
-8%
|
2 709
-6%
|
1 813
-33%
|
3 401
+88%
|
4 842
+42%
|
5 015
+4%
|
1 702
-66%
|
3 618
+113%
|
5 630
+56%
|
7 850
+39%
|
9 244
+18%
|
9 714
+5%
|
9 598
-1%
|
8 883
-7%
|
7 907
-11%
|
7 955
+1%
|
8 972
+13%
|
9 927
+11%
|
11 640
+17%
|
12 262
+5%
|
12 469
+2%
|
11 933
-4%
|
11 684
-2%
|
11 994
+3%
|
12 174
+2%
|
12 154
0%
|
13 064
+7%
|
12 505
-4%
|
11 967
-4%
|
12 446
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 111)
|
(2 096)
|
(1 965)
|
(1 766)
|
(1 506)
|
(1 214)
|
(2 417)
|
(3 442)
|
(3 299)
|
(861)
|
(1 901)
|
(2 701)
|
(4 007)
|
(4 409)
|
(4 460)
|
(4 703)
|
(4 210)
|
(4 562)
|
(4 735)
|
(5 052)
|
(5 117)
|
(5 777)
|
(6 065)
|
(6 310)
|
(6 215)
|
(6 818)
|
(7 192)
|
(7 141)
|
(6 797)
|
(7 349)
|
(7 126)
|
(7 288)
|
(7 448)
|
|
Selling, General & Administrative |
(901)
|
(935)
|
(960)
|
(968)
|
(961)
|
(388)
|
(761)
|
(1 087)
|
(2 921)
|
(451)
|
(943)
|
(1 416)
|
(3 572)
|
(2 362)
|
(2 402)
|
(2 454)
|
(3 630)
|
(2 202)
|
(2 289)
|
(2 483)
|
(4 258)
|
(2 824)
|
(2 944)
|
(3 043)
|
(5 173)
|
(3 098)
|
(3 256)
|
(3 281)
|
(5 634)
|
(3 579)
|
(3 497)
|
(3 555)
|
(3 505)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(45)
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(257)
|
(262)
|
(269)
|
(270)
|
(257)
|
(57)
|
(103)
|
(156)
|
(218)
|
(57)
|
(117)
|
(186)
|
(270)
|
(302)
|
(327)
|
(357)
|
(420)
|
(494)
|
(575)
|
(652)
|
(686)
|
(704)
|
(719)
|
(740)
|
(783)
|
(806)
|
(838)
|
(842)
|
(830)
|
(837)
|
(839)
|
(831)
|
(818)
|
|
Other Operating Expenses |
(954)
|
(900)
|
(737)
|
(528)
|
(288)
|
(769)
|
(1 553)
|
(2 199)
|
(160)
|
(353)
|
(841)
|
(1 099)
|
(165)
|
(1 747)
|
(1 731)
|
(1 892)
|
(161)
|
(1 868)
|
(1 872)
|
(1 918)
|
(173)
|
(2 250)
|
(2 402)
|
(2 527)
|
(259)
|
(2 914)
|
(3 098)
|
(3 018)
|
(288)
|
(2 931)
|
(2 789)
|
(2 903)
|
(3 125)
|
|
Operating Income |
1 009
N/A
|
1 086
+8%
|
1 156
+6%
|
1 112
-4%
|
1 204
+8%
|
600
-50%
|
984
+64%
|
1 400
+42%
|
1 716
+23%
|
842
-51%
|
1 718
+104%
|
2 930
+71%
|
3 843
+31%
|
4 835
+26%
|
5 254
+9%
|
4 895
-7%
|
4 673
-5%
|
3 345
-28%
|
3 220
-4%
|
3 920
+22%
|
4 809
+23%
|
5 862
+22%
|
6 196
+6%
|
6 159
-1%
|
5 719
-7%
|
4 868
-15%
|
4 804
-1%
|
5 034
+5%
|
5 357
+6%
|
5 715
+7%
|
5 380
-6%
|
4 679
-13%
|
4 998
+7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||
Interest Income Expense |
(641)
|
(791)
|
(912)
|
(991)
|
(1 065)
|
(159)
|
(323)
|
(508)
|
(375)
|
(165)
|
(354)
|
(639)
|
(129)
|
(1 034)
|
(1 147)
|
(1 106)
|
(467)
|
(1 254)
|
(1 380)
|
(1 582)
|
(392)
|
(1 882)
|
(1 853)
|
(1 797)
|
(407)
|
(1 553)
|
(1 549)
|
(1 522)
|
(171)
|
(1 498)
|
(1 444)
|
(1 082)
|
(1 482)
|
|
Non-Reccuring Items |
(26)
|
(26)
|
(26)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
(34)
|
(41)
|
(41)
|
(36)
|
0
|
(64)
|
(64)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
30
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
177
|
169
|
186
|
202
|
169
|
56
|
82
|
97
|
(129)
|
53
|
80
|
113
|
(321)
|
437
|
448
|
503
|
(623)
|
214
|
218
|
170
|
(1 007)
|
375
|
374
|
374
|
(826)
|
576
|
621
|
638
|
(880)
|
405
|
490
|
538
|
1 025
|
|
Pre-Tax Income |
520
N/A
|
439
-16%
|
404
-8%
|
323
-20%
|
308
-5%
|
496
+61%
|
742
+50%
|
988
+33%
|
1 242
+26%
|
730
-41%
|
1 443
+98%
|
2 403
+67%
|
3 393
+41%
|
4 237
+25%
|
4 555
+8%
|
4 293
-6%
|
3 584
-17%
|
2 302
-36%
|
2 026
-12%
|
2 468
+22%
|
3 369
+37%
|
4 318
+28%
|
4 715
+9%
|
4 670
-1%
|
4 421
-5%
|
3 891
-12%
|
3 877
0%
|
4 151
+7%
|
4 306
+4%
|
4 622
+7%
|
4 425
-4%
|
4 135
-7%
|
4 540
+10%
|
|
Net Income | ||||||||||||||||||||||||||||||||||
Tax Provision |
(104)
|
(125)
|
(98)
|
(96)
|
(68)
|
0
|
0
|
3
|
(5)
|
(258)
|
(471)
|
(739)
|
(1 070)
|
(1 215)
|
(1 374)
|
(1 348)
|
(1 210)
|
(886)
|
(736)
|
(783)
|
(906)
|
(1 163)
|
(1 234)
|
(1 229)
|
(1 163)
|
(1 008)
|
(1 010)
|
(1 081)
|
(1 129)
|
(1 222)
|
(1 167)
|
(1 067)
|
(1 165)
|
|
Income from Continuing Operations |
416
|
314
|
306
|
227
|
240
|
496
|
742
|
990
|
1 237
|
472
|
972
|
1 663
|
2 323
|
3 021
|
3 180
|
2 945
|
2 373
|
1 415
|
1 289
|
1 684
|
2 462
|
3 156
|
3 482
|
3 442
|
3 259
|
2 882
|
2 866
|
3 069
|
3 177
|
3 399
|
3 258
|
3 068
|
3 375
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
(11)
|
(8)
|
(12)
|
(76)
|
(91)
|
(124)
|
(179)
|
(124)
|
(104)
|
(101)
|
(36)
|
(50)
|
(84)
|
(72)
|
(99)
|
(120)
|
(118)
|
(128)
|
(118)
|
(99)
|
(127)
|
(167)
|
(223)
|
(206)
|
(153)
|
(77)
|
|
Net Income (Common) |
416
N/A
|
314
-25%
|
306
-3%
|
227
-26%
|
240
+6%
|
491
+105%
|
742
+51%
|
979
+32%
|
1 229
+26%
|
460
-63%
|
896
+95%
|
1 572
+75%
|
2 199
+40%
|
2 842
+29%
|
3 056
+8%
|
2 841
-7%
|
2 272
-20%
|
1 380
-39%
|
1 240
-10%
|
1 601
+29%
|
2 390
+49%
|
3 057
+28%
|
3 363
+10%
|
3 325
-1%
|
3 131
-6%
|
2 765
-12%
|
2 767
+0%
|
2 944
+6%
|
3 010
+2%
|
3 178
+6%
|
3 054
-4%
|
2 916
-5%
|
3 298
+13%
|
|
EPS (Diluted) |
1.61
N/A
|
2.29
+42%
|
1.42
-38%
|
0.95
-33%
|
0.63
-34%
|
0.4
-37%
|
0.6
+50%
|
0.79
+32%
|
0.99
+25%
|
0.37
-63%
|
0.72
+95%
|
1.26
+75%
|
1.75
+39%
|
2.23
+27%
|
2.38
+7%
|
2.2
-8%
|
1.75
-20%
|
1.06
-39%
|
0.96
-9%
|
1.24
+29%
|
1.84
+48%
|
2.36
+28%
|
2.63
+11%
|
2.5
-5%
|
2.38
-5%
|
1.99
-16%
|
2.04
+3%
|
2.11
+3%
|
2.18
+3%
|
2.3
+6%
|
2.2
-4%
|
2.05
-7%
|
2.33
+14%
|