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

NABARD, NaBFID Partner to Fund Rural Infrastructure

The National Bank for Agriculture and Rural Development (NABARD) and the National Bank for Financing Infrastructure and Development (NaBFID) have signed a Memorandum of Understanding (MoU) to collaborate on financing infrastructure projects with significant rural impact.The partnership combines NABARD’s expertise in rural and agricultural infrastructure with NaBFID’s specialised infrastructure financing capabilities. It will focus on joint financing, knowledge sharing and developing financing solutions to improve access to long-term, competitively priced capital for rural infrastructure an..

Next Story
Infrastructure Energy

Advait Energy Wins Rs 1.34 Billion MPPTCL Order

Advait Energy Transitions (AETL) has secured a Rs 1.34 billion turnkey contract from Madhya Pradesh Power Transmission Co. Ltd. (MPPTCL) for the design, manufacturing and supply of Emergency Restoration Systems (ERS) for 400kV, 220kV and 132kV EHV transmission lines.The order, received against Tender No. TR-23/2025 on August 25, 2026, will be executed over 18 months. The contract value, inclusive of taxes, covers the complete ERS along with the required accessories.Emergency Restoration Systems are used to restore transmission infrastructure following disruptions, helping maintain continuity a..

Next Story
Real Estate

Gradiant expands Coimbatore engineering centre

Gradiant has expanded its Global Engineering Center (GEC) in Coimbatore, more than doubling its engineering workforce from approximately 100 to over 200 professionals as it strengthens its global project execution capabilities.The expanded centre will bring together multidisciplinary expertise across process engineering, detailed design and project engineering, enabling the India team to take on greater responsibility for the engineering and design of Gradiant’s international projects.According to Govind Alagappan, COO, Gradiant, Coimbatore’s engineering talent and industrial heritage make..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement