HFCL said that its material subsidiary, HTL, has bagged a contract worth Rs 101.82 crore from the Indian Army for the supply of tactical optical fiber cables and related accessories.
HFCL is a diversified telecom infrastructure enabler with businesses spanning telecom infrastructure development, system integration, and the manufacture and supply of high-end telecom equipment, optical fiber, and optical fiber cables (OFC).The company reported a consolidated net loss of Rs 32.24 crore in Q1 FY26, compared with a net profit of Rs 111.30 crore in Q1 FY25. Revenue from operations declined 24.8% year-on-year to Rs 871.02 crore in Q1 FY26.
Shares of HFCL shed 0.15% to Rs 71.67 on the BSE.
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