
HFCL Reports Profit of ₹184 Crore in Q4 FY26
HFCL Reports Highest-Ever Consolidated Profit of ₹184.45 Crore in Q4FY26
New Delhi: Telecom gearmaker HFCL has reported its highest-ever consolidated profit of ₹184.45 crore in the fourth quarter ended March 31, driven by a surge in overseas business supported by new products and augmenting capacities. This is a significant improvement from the company's loss of ₹83.3 crore in the same period a year ago.
The improvement in financial performance was driven by a favourable shift in revenue mix towards products, an increasing share of exports, and improved realisations in high fiber-count optical fiber cables. The consolidated revenue from operations more than doubled to ₹1,824.12 crore during the reported quarter from around ₹801 crore in the March 2025 quarter.
| Quarter | Revenue (₹ crore) | Profit (₹ crore) |
|---|---|---|
| Q4FY25 | 801 | -83.3 |
| Q4FY26 | 1,824.12 | 184.45 |
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HFCL recorded the highest-ever order of ₹21,206 crore, which is more than double compared to the order book of ₹9,967 crore it reported at the end of financial year (FY) 2025. The company's optical fiber cable (OFC) also recorded the highest-ever order book of ₹13,483 crore.
HFCL Managing Director Mahendra Nahata said that the company has transformed into a more global, technology-driven, diversified, and structurally profitable enterprise, which will drive consistent earnings growth in the years ahead. He added that the strong momentum witnessed in Q4FY26 will continue in coming quarters.
For the year ended March 31, 2026, the consolidated profit of HFCL jumped by over 90 per cent to ₹329.44 crore from ₹173.26 crore it reported in FY25. The company's annual revenue increased by about 22 per cent to ₹4,949.27 crore in FY26 from ₹4,064.52 crore in FY25.
| Year | Revenue (₹ crore) | Profit (₹ crore) |
|---|---|---|
| FY25 | 4,064.52 | 173.26 |
| FY26 | 4,949.27 | 329.44 |
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HFCL is substantially expanding its manufacturing capacities for data centre interconnect solutions through its subsidiary, HTL Limited, which will also contribute significantly in the growth of revenue and profitability in coming quarters. The company expects that data centre interconnect solutions will contribute about ₹400 crore additional revenue in FY27 and about ₹800 crore in FY28.
In addition, HFCL has decided to set up a preform manufacturing facility as high-level backward integration, involving an estimated capital outlay of approximately ₹580 crore as part of its long-term strategy to enhance structural competitiveness. The company has also entered into a MoU to participate in defence aerospace-related opportunities, which comes with established capabilities, certifications, long-standing customer relationships, and a confirmed export-oriented order book of approximately ₹1,930 crore, providing immediate revenue visibility.
Investor Takeaway
HFCL's profit growth is driven by a favorable shift in revenue mix and increasing exports.
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