Politics · India Bureau
HFCL secures ₹834 crore export order for optical fibre cables
Telecom equipment manufacturer HFCL has landed a major international export contract worth approximately ₹834 crore through its overseas subsidiary. The order is slated for completion by June 2027.
LSN India ·
Hindustan Fiber Optics Limited (HFCL) announced Thursday that it has clinched export orders valued at ₹834.36 crore (around USD 88.94 million) for optical fibre cable supplies to an unnamed international customer. The contract has been secured through the company's wholly-owned overseas subsidiary.
The telecom equipment maker did not reveal details of the customer's identity. However, a regulatory filing stated that the orders demonstrate customer confidence in HFCL's manufacturing prowess, technological capabilities and product quality standards.
The deal underscores HFCL's rising fortunes in the global optical fibre market. The company's consolidated profit surged to ₹394.22 crore in the second quarter ended September 30, 2026, a significant jump from ₹72 crore in the year-ago period. The growth has been fueled by rising demand for optical fibre cables from artificial intelligence data centres globally.
Looking ahead, HFCL has projected 80 per cent revenue growth for the fiscal year ending March 2027 and expects to cross the ₹10,000 crore revenue milestone before its previously estimated timeline of FY29. The company's consolidated revenue from operations more than doubled to ₹2,541.7 crore in recent quarters, reflecting buoyant market conditions and expanding international demand.