HFCL Limited — Board Meeting, 03-02-2025: Outcome of Board Meeting

The Board of Directors has considered and approved the un-audited financial results for the third quarter and nine months ended December 31, 2024. Consolidated total income for the quarter stands at ₹1,031.99 Cr, with a profit before tax of ₹100.26 Cr. The board also decided to temporarily pause the planned Optical Fiber Cable manufacturing project in Poland, opting instead to serve European customers directly from India. This strategic shift aims to optimize resource allocation while maintaining a competitive edge in the European market.