+
HFCL Gains On Securing Rs 4.958 bn International Order
ECONOMY & POLICY

HFCL Gains On Securing Rs 4.958 bn International Order

HFCL (the company) rose one point zero one per cent to Rs 217.30 after it secured an international order worth about $51.98 million, which equates to Rs 4.958 bn for the supply of optical fibre cable based data centre connectivity solutions. The contract calls for the supply of optical fibre cable based connectivity solutions tailored to the customer's specifications and is to be executed by December 2026. The transaction value in rupee terms corresponds to approximately Rs 4.958 bn.

The contract was awarded by an international customer under general contract conditions and does not involve any related party transaction, the company said, adding that neither its promoters nor promoter group companies have any interest in the entity awarding the contract. The order is scheduled for execution by December 2026 and forms part of HFCL's international project commitments. The company clarified standard commercial terms govern the award.

The latest order strengthens HFCL's international order book and underscores its growing presence in the global optical networking and data centre infrastructure market, the company said. 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 fibre and optical fibre cables. The business mix includes network deployment and equipment manufacturing for enterprise and carrier customers.

On a consolidated basis HFCL reported net profit of Rs 1.785 bn in the quarter ended March 2026 as against a net loss of Rs 814.3 mn in the quarter ended March 2025. Net sales surged 127.81 per cent year on year to Rs 18.2412 bn in the quarter ended March 2026. The company said the transaction will bolster its order book and support its international expansion.

HFCL (the company) rose one point zero one per cent to Rs 217.30 after it secured an international order worth about $51.98 million, which equates to Rs 4.958 bn for the supply of optical fibre cable based data centre connectivity solutions. The contract calls for the supply of optical fibre cable based connectivity solutions tailored to the customer's specifications and is to be executed by December 2026. The transaction value in rupee terms corresponds to approximately Rs 4.958 bn. The contract was awarded by an international customer under general contract conditions and does not involve any related party transaction, the company said, adding that neither its promoters nor promoter group companies have any interest in the entity awarding the contract. The order is scheduled for execution by December 2026 and forms part of HFCL's international project commitments. The company clarified standard commercial terms govern the award. The latest order strengthens HFCL's international order book and underscores its growing presence in the global optical networking and data centre infrastructure market, the company said. 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 fibre and optical fibre cables. The business mix includes network deployment and equipment manufacturing for enterprise and carrier customers. On a consolidated basis HFCL reported net profit of Rs 1.785 bn in the quarter ended March 2026 as against a net loss of Rs 814.3 mn in the quarter ended March 2025. Net sales surged 127.81 per cent year on year to Rs 18.2412 bn in the quarter ended March 2026. The company said the transaction will bolster its order book and support its international expansion.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Saluting Engineers on Engineer’s Day!

India’s infrastructure story is often told through kilometres of highways, soaring bridges, expanding metro networks and tunnels through some of the country’s toughest terrain. Less visible are the engineering decisions behind them. A railway through the Himalayas. A bridge across Mumbai Bay. A metro system built beneath a crowded capital. A 182-m-high structural landmark. A new generation of high-speed highways. Each demanded years of design, testing, coordination and problem-solving, often in conditions where there was little room for error. This Engineers’ Day, we lo..

Next Story
Infrastructure Urban

CJI Surya Kant Calls for Preventive Justice to Avoid Infrastructure Disputes

Kant has urged the infrastructure ecosystem to design contractual and institutional frameworks that identify and address concerns early through communication and dispute-avoidance mechanisms.Chief Justice of India Surya Kant has urged India’s infrastructure ecosystem to move from retrospective justice to preventive justice, as the country undertakes projects at an unprecedented scale. Speaking at global engineering body FIDIC’s Global Infrastructure Conference 2026 in New Delhi, Kant said the true measure of a justice system’s success lies in ensuring mechanisms around infrastructure pro..

Next Story
Infrastructure Urban

Madhya Pradesh Secures Rs 530 Billion in Investment Proposals

Rupee (Rs) 530 billion (bn) in investment proposals were received by Madhya Pradesh on the third day of Chief Minister Mohan Yadav's visit to the United Arab Emirates, with major interest in green energy, artificial intelligence, data centres and advanced manufacturing. The delegation held engagements in Dubai and Sharjah to promote projects and secure commitments from global investors. State officials said the proposals represent a significant pipeline for industrial expansion and technology infrastructure. Rana Holdings Limited proposed a portfolio including a 2,000 MW solar energy project a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code