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Telecom equipment maker HFCL on Tuesday announced that its board has approved a fresh investment of approximately Rs 400 crore to expand its optical fibre and optical fibre cable manufacturing capacities. The proposed expansion will be funded through a mix of internal accruals and debt, and is expected to be completed by July 2028. "In view of the company's strong order book for optical fiber cable (OFC) and optical connectivity products, a strong pipeline of additional business opportunities expected to materialise over the near to medium term, and the favourable long-term demand outlook globally, the Board of Directorshas approved a further expansion of the Company's Optical Fiber and Optical Fiber Cable manufacturing capacities with a total capital outlay of approximately Rs 400 crore"HFCL stated in a regulatory filing. HFCL noted that the demand is being propelled by several factors, including Artificial Intelligence (AI) infrastructure, hyperscale data centres, cloud computin
Domestic telecom gear maker HFCL on Thursday said it has bagged a fresh order for optical fibre cable exports worth USD 46.13 million, about Rs 441.53 crore. The order has to be executed by January 2027, the company said in a regulatory filing. "The company has secured export orders worth USD 46.13 million, equivalent to Rs 441.53 crore, for the supply of optical fibre cables, through its overseas subsidiary, from a renowned international customer," the filing said. Earlier this month, HFCL bagged an export order worth Rs 495.8 crore from an international data centre company for supplying optical fibre cable. HFCL has announced expansion of its fibre optic cable capacity to 45 million fibre route kilometres from 39 rkm per year. It is also increasing optical fibre capacity to 40 million fibre-route kilometres (rkm) from 30 million rkm a year. The company's Optical Fibre Cable (OFC) business recorded the highest-ever order book of Rs 13,483 crore in the last fiscal.
Domestic telecom gear maker HFCL on Wednesday said it recorded the highest-ever quarterly consolidated profit at Rs 245.64 crore in the three months ended June 30, 2026. HFCL has also doubled its revenue growth guidance for the fiscal year 2027 to 40 per cent from 20 per cent projected earlier. The performance was mainly driven by demand from hyperscale data centres, export growth and enhancement in production generating economies of scale, the company said. HFCL had posted a loss of Rs 29.3 crore in the same period a year ago. "Our record quarterly financial performance reflects the convergence of multiple structural growth drivers. Rising demand from hyperscale data centres, improved product realisations, operating leverage through economies of scale, a diversified portfolio of high-value technology products, and expanding export opportunities have collectively driven a significant improvement across all key financial metrics," the company said in a statement. HFCL also posted i
Domestic telecom gear maker HFCL has bagged an export order worth Rs 495.8 crore from an international data centre company for supplying optical fibre cable , a regulatory filing said on Friday. The order has to be executed by December 2026, HFCL said in the filing. "The company has secured export order worth around USD 51.98 million (equivalent to around Rs 495.80 crore), for the supply of optical fiber cable based data centre connectivity solutions, through an overseas wholly owned material subsidiary, from a renowned international customer," the filing said. The order follows the recent launch of data centre solution portfolio, OptiQ AI, by HFCL. HFCL has announced expansion of fibre optic cable capacity to 45 million fibre route kilometres from 39 rkm per year. It is also increasing optical fibre capacity to 40 million fibre-route kilometres (rkm) from 30 million rkm per year. The company's Optical Fibre Cable (OFC) business also recorded the highest-ever order book of Rs 13
Telecom gearmaker HFCL has reported highest-ever consolidated profit of Rs 184.45 crore in the fourth quarter ended March 31 on account of surge in overseas business supported by new products and augmenting capacities. The company had posted a loss of Rs 83.3 crore in the same period a year ago. HFCL said that improvement in financial performance was driven by a favourable shift in revenue mix towards products, an increasing share of exports, and improved realisations in high fiber-count optical fiber cables. The consolidated revenue from operations more than doubled to Rs 1,824.12 crore during the reported quarter from around Rs 801 crore in the March 2025 quarter. HFCL recorded the highest-ever order of Rs 21,206 crore which is more than double compared to the order book of Rs 9,967 crore it reported at the end of financial year (FY) 2025. The company's optical fiber cable (OFC) also recorded the highest-ever order book of Rs 13,483 crore. HFCL Managing Director Mahendra Nahata