Explore Business Standard
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
Homegrown telecom gear maker HFCL has bagged a mega deal of around Rs 10,159 crore from a global multinational corporation for supplying optical fibre cable, the company said in a regulatory filing on Friday. The deal is spread over five years starting 2026 till December 2030. "The company has entered into a five-year supply agreement with a customer for the supply of high-quality, high-fibre-count optical fiber cables, through its overseas wholly owned subsidiary. The total potential value of the contract over its tenure is estimated at around USD 1.10 billion equivalent to about Rs 10,159 crore based on prevailing selling prices of OFC products being supplied," the filing said. HFCL did not disclose the name of the customer in the filing. "This agreement marks a significant milestone, being the first instance in the company's history of entering into a long-term, multi-year OFC supply arrangement of this nature," the filing said. Under the contract, HFCL will supply OFC as per .
Domestic telecom gear maker HFCL has started first large scale deployment of indigenously designed and manufactured network routers in collaboration with state-run ITI for BharatNet project, the company said. India's network router market is currently dominated by US companies after Chinese gears were restricted by the government under telecom security rules. "In a groundbreaking development at Rouri Gram Panchayat in Solan district, Himachal Pradesh, HFCL's domestically designed and manufactured IP/MPLS routers have been successfully deployed by ITI Limited, enabling Fiber-to-the-Home (FTTH) connectivity to rural subscribers. This marks the first time in India's telecommunications history that indigenous routing technology has been used to deliver broadband services to consumers," HFCL Managing Director Mahendra Nahata told PTI. The company has bagged orders for deploying over 80,000 network routers under the government's rural broadband project BharatNet. BharatNet is the world's