HFCL Limited has formally announced that its wholly-owned international subsidiary has secured a significant export order from a renowned international customer. The contract is valued at approximately USD 11.07 million, which is equivalent to around INR 106.19 crore. The contract entails the manufacturing and supply of high-grade Optical Fiber Cables (OFC) according to client requirements. According to the statutory filing, this specific order highlights the global confidence in the company’s manufacturing capability and is scheduled to be completed by August 2026.
The newly received export order requires the production and delivery of customized Optical Fiber Cables via an overseas wholly-owned subsidiary. The business transaction is structured under normal commercial operations, ensuring that the company’s vertical integration strategy remains robust. No promoter, promoter group, or group companies maintain any direct interest in the international customer entity that awarded this project. Additionally, the transaction details clarify that this international contract does not constitute a related party transaction and is executed entirely at arm’s length.
HFCL Limited functions as a leading telecom infrastructure and technology enterprise, specializing in optical fiber innovations and digital network solutions. Throughout 2025, the corporation focused intently on expanding its global footprint, increasing its total OFC manufacturing capacity to 33.5 million fiber kilometers per annum. During the 2025 calendar year, the telecom player secured a landmark multi-year global supply contract valued near USD 1.1 billion (INR 10,159 crore), drastically enhancing revenue visibility. Alongside this multi-year deal, the firm received regulatory approvals under the Production Linked Incentive (PLI) scheme and launched advanced 5G Fixed Wireless Access (FWA) equipment to capitalize on expanding domestic and international enterprise digital setups.
In terms of financial performance tracked during the year 2025, HFCL Limited encountered moderate cyclical pressures as its consolidated annual revenue for FY25 fell to INR 4,064 crores from INR 4,465 crores in the prior financial year. Profit After Tax (PAT) for the same period stood at INR 173 crores compared to INR 338 crores previously. For the third quarter of FY25, the company posted a revenue of INR 1,011.95 crores with a PAT of INR 72.58 crores. However, the subsequent fourth quarter of FY25 witnessed a sharp reduction, with revenue declining to INR 800.72 crores and recording a net loss of INR 83.30 crores due to low capacity utilization and global supply recalibrations. The company’s equity capital has drawn interest from institutional investors and market participants who closely monitor public shareholding shifts on the domestic stock exchanges.
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