Birla Cable Profit Soars 2181%, HFCL Wins Rs 522 Cr Orders

Birla Cable recorded an extraordinary 2181.49% surge in profit after tax for the June 2026 quarter, reaching Rs 306.86 million. This significant financial uplift comes amidst a period of robust performance across several Indian companies, with HFCL also securing substantial new orders.

The company’s turnover for the quarter saw a decent 51.12% increase, climbing to Rs 2666.37 million compared to the same period last year. These figures underscore a strong operational quarter for Birla Cable.

HFCL Boosted by New Orders

In related market developments, HFCL announced new orders totaling Rs 522.73 crore, reinforcing its manufacturing capabilities and technological standing. This news immediately impacted the stock’s performance.

• HFCL’s stock traded up by 4.17%.
• The share price reached Rs 202.40 on the BSE.

Strong Performance Across Other Firms

Persistent Systems also delivered robust results for the June 2026 quarter, reporting significant growth in both sales and net profit. Prataap Snacks similarly posted impressive increases in revenue and net profit, indicating broad market strength.

• Persistent Systems’ sales climbed 26.39% to Rs 41178.01 million.
• Net Profit for Persistent Systems increased 9.46% to Rs 4020.24 million.

• Prataap Snacks’ revenue rose 19.83% year-on-year to Rs 4925.00 million.
• Net Profit for Prataap Snacks grew by 257.37% to Rs 24.73 million.

Neueon Corporation Shows Improvement

Neueon Corporation, while reporting a net loss, demonstrated an improvement in its financial health for the June 2026 quarter. The company’s net loss stood at Rs -8.21 million, a marked recovery from the Rs -220.85 million loss recorded in the prior year’s corresponding quarter.

However, Neueon Corporation’s revenue for the quarter remained at Rs 0.00 million. The overall quarter highlights a dynamic period for Indian equities, with several companies posting strong financial performances and order acquisitions.