Synopsis:
HFCL Ltd gained 2.1 percent after announcing export orders worth USD 34.19 million (Rs. 303.35 crore) through its overseas wholly owned subsidiary. The orders, for optical fiber cables from a reputed international customer, are scheduled for execution by April 2026, highlighting HFCL’s technological prowess and global trust in its manufacturing capabilities.
A technology and telecom stock gained after the announcement of significant export orders, reflecting positive investor sentiment. The sector saw strong interest from investors on expectations of robust international demand and technological excellence driving global business opportunities.
HFCL Ltd, with a market capitalization of Rs. 10,672.89 crore, recorded an intraday high of Rs. 74.76, compared with a previous close of Rs. 73.22, marking a 2.1 percent increase. The stock opened at Rs. 74.01 during the trading session.
What’s the News?
HFCL Ltd has secured export orders worth approximately USD 34.19 million (Rs. 303.35 crore) for the supply of optical fiber cables through its overseas wholly owned subsidiary. These orders, received from a renowned international customer, reaffirm global trust in the Company’s manufacturing capabilities, technological excellence, and product quality. The orders are scheduled for execution by April 2026.
Financial Snapshot
Quarter-on-Quarter (QOQ): HFCL Ltd’s sales rose from Rs. 801 crore to Rs. 871 crore, a 8.7 percent increase. Operating profit improved sharply from a loss of Rs. 37 crore to a profit of Rs. 28 crore. Loss before tax narrowed from Rs. 105 crore to Rs. 45 crore, and net loss moved from Rs. 83 crore to Rs. 29 crore.
Year-on-Year (YOY): On a yearly basis, sales declined from Rs. 1,158 crore to Rs. 871 crore, a 24.8 percent decrease. Operating profit fell from Rs. 175 crore to Rs. 28 crore, while PBT swung from a profit of Rs. 119 crore to a loss of Rs. 45 crore. Net profit dropped from Rs. 111 crore to a loss of Rs. 29 crore.
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About the Company
HFCL Ltd is a leading technology enterprise operating in telecom and defence equipment, optical fiber and cables, and digital networks for telcos, enterprises, and governments. The Company leverages strong R&D capabilities across Gurgaon, Bengaluru, Hyderabad, and international collaborators to develop innovative telecom and defence solutions.
HFCL manufactures optical fiber cables, 5G RAN and transport products, Wi-Fi systems, backhaul radios, switches, routers, and defence electronics such as thermal weapon sights, electronic fuzes, and surveillance radars. Its advanced facilities in Hyderabad, Goa, Chennai, Manesar, and Hosur support global operations across India, Europe, Asia Pacific, Middle East, Africa, and the USA.
Written By Manan Gangwar
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