HFCL wins export orders for optical fibre cables worth about 834 crore rupees
Indian telecom supplier HFCL has secured overseas optical fibre cable orders worth about 834.36 crore rupees ($88.94 million), to be delivered by June 2027.
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what happened
Indian company HFCL Ltd has reported export orders for optical fibre cables worth about 834.36 crore rupees, or $88.94 million. The contracts will be fulfilled through its overseas wholly owned subsidiary by June 2027. Reuters reports that the orders were received in the normal course of business and are not related-party transactions.
Moody's separately notes a $244 million order, about 2,329 crore rupees, for supplying cables to a global multinational corporation. HFCL's consolidated revenue for the second quarter of FY27 rose 143.62% year on year to 2,541.79 crore rupees, profit after tax climbed 448.14% to 394.22 crore rupees, and the EBITDA margin widened to 25.89%.
why it matters
Investors will note two things at once: the company is expanding exports quickly while also widening its margins, with the EBITDA margin up 640 basis points. Contracts running to June 2027 offer clear production visibility for the coming quarters.
market impact
HFCL: strong results and new export orders support the company's shares
- HFCL shares pressure up — revenue and profit growth alongside new export contracts
tags
instruments
sources
- HFCL Secures Export Orders Worth 8.34 Billion Rupees For Optical Fiber Cables — Reuters, 12 November 2026 at 02:32 UTC
- HFCL secures international export orders worth ₹834.36 crore for optical fibre cables — Moody's, 12 November 2026 at 05:06 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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