Stories
HFCL Shares Hit 5% Upper Circuit Following Record Q2 Performance
- •Shares of HFCL surged and locked in a 5 percent upper circuit following stellar Q2 financial results.
- •Net profit multiplied significantly to ₹363 crore, up from ₹68 crore in the corresponding quarter last year.
- •Revenue more than doubled to reach ₹2,542 crore, while EBITDA surged to ₹631 crore with margins expanding to 24.8 percent.
- •The company's robust order book currently stands at ₹28,911 crore, ensuring strong multi-year revenue visibility.
- •HFCL expects its FY27 revenue to grow by at least 80 percent over FY26, driven by high demand in AI infrastructure and telecom networks.
Key Questions Answered
HFCL reported its best-ever quarterly performance for the September quarter, with net profit surging to ₹363 crore from ₹68 crore last year. Revenue increased to ₹2,542 crore, while EBITDA rose to ₹631 crore with an expanded margin of 24.8%.
HFCL's order book currently stands at ₹28,911 crore, providing multi-year revenue visibility alongside an advanced opportunity pipeline. Driven by accelerating demand across AI infrastructure, hyperscale data centres, and telecom networks, the company expects its FY27 revenue growth to be at least 80% over FY26.
HFCL plans to invest approximately ₹1,800 crore across optical fiber, cable, and preform manufacturing to expand its capacity and deepen business integration. Meanwhile, its defence and aerospace business remains on track to achieve a revenue aspiration of around ₹500 crore in FY27.
