HFCL Wins Rs 834 Crore Order, Boosts Optical Fibre Cable Exports

Telecom equipment maker HFCL has secured export orders worth Rs 834.36 crore for optical fiber cables.

The orders are valued at approximately USD 88.94 million. The company will supply the products to an international customer through its overseas wholly owned subsidiary.

The orders are scheduled for completion by June 2027. However, HFCL has not disclosed the customer's identity.

In a regulatory filing, the company said the orders reflect customer confidence in its manufacturing capabilities, technological expertise and product quality.

HFCL Reports Strong Q2 FY27 Financial Performance

The latest order comes amid strong growth in HFCL's financial performance. The company reported a multi-fold increase in consolidated net profit for the second quarter of FY27.

Its consolidated profit rose to Rs 394.22 crore in the quarter ended September 30, 2026, compared with Rs 72 crore in the corresponding quarter last year. The growth was supported by rising demand for optical fiber cables from AI data centers.

HFCL's consolidated revenue from operations also more than doubled during the quarter. It increased to Rs 2,541.79 crore in Q2 FY27 from Rs 1,043.34 crore in Q2 FY26.

The company has also outlined ambitious growth targets for the coming years:

• Revenue growth: HFCL expects 80% revenue growth in FY27.
• Revenue target: It aims to cross Rs 10,000 crore in revenue ahead of its earlier FY29 timeline.
• Manufacturing expansion: The board has approved an investment of approximately Rs 400 crore to increase optical fiber and cable manufacturing capacity.

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HFCL Expands Export Business and Manufacturing Capacity

The latest Rs 834 crore order adds to HFCL's growing international business. In September, the company secured another export contract worth USD 244 million, approximately Rs 2,329 crore, from a global multinational corporation.

That agreement covers the supply of high-quality optical fiber cable over three years.

Meanwhile, HFCL is investing in additional manufacturing capacity to address rising demand. The proposed Rs 400 crore investment will be funded through a combination of internal accruals and debt.

The expansion of its optical fiber and optical fiber cable manufacturing facilities is expected to be completed by July 2028.

With new international orders, rising demand from AI data centers and planned capacity expansion, HFCL is looking to strengthen its position in the global optical fiber cable market.