HFCL Posts Strong Q4 Performance with Rs 178.5 Crore Profit, Revenue More Than Doubles

HFCL Reports Sharp Turnaround in Q4, Posts Rs 178.5 Crore Net Profit

Telecom equipment maker HFCL has reported a significant turnaround in its financial performance for the fourth quarter of the fiscal year, with the company posting a net profit of Rs 178.5 crore against a loss of Rs 81.4 crore in the corresponding period of the previous year.

The company's revenue more than doubled year-on-year to Rs 1,824 crore from Rs 800.7 crore, driven by strong execution and order inflows. Operating performance also saw a significant improvement, with earnings before interest, tax, depreciation, and amortization (EBITDA) rising to Rs 315 crore compared with an EBITDA loss of Rs 36 crore a year earlier.

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The company's strong performance has been driven by a number of strategic initiatives, including backward integration into optical fiber preform, expansion in the defence sector, and a growing global footprint. HFCL has also transformed into a more global, technology-driven, diversified, and structurally profitable enterprise, which is expected to drive consistent earnings growth in the years ahead.

In a statement, Mahendra Nahata, Managing Director of HFCL, said that the company has achieved its highest-ever performance in FY26, with over 21% year-on-year revenue growth and ~97% year-on-year profit before tax (PBT) growth. Looking ahead, the company expects its EBITDA margin to expand from 16.7% in FY26 to 20-21% by FY29, supported by an improving business mix and scale benefits.

HFCL has declared a dividend of Rs 0.20 per share for FY26, reflecting the company's strong financial performance and commitment to its shareholders. The company is also witnessing a substantial expansion in its order book, with a higher share of exports, long-term contracts, and high-margin products. This is expected to drive sustained margin expansion and improved returns for the company in the coming years.