HFCL Reports Best-Ever Quarterly Performance in Q2 FY27; Profits Rise Over 5x YoY
HFCL Limited (HFCL), a leading technology enterprise specialising in optical fiber, optical fiber cable and connectivity solutions, telecom products, Defence and Aerospace products, and digital infrastructure, today announced its best-ever quarterly performance for the second quarter and half year ended September 30, 2026.
Q2 FY27 marked a strong improvement in both scale and profitability. Consolidated revenue increased to ₹2,541.79 crore from ₹1,043.34 crore in Q2 FY26, growing 143.62% year-on-year and 32.73% sequentially. The improvement in profitability was even more remarkable, with both profit before tax and profit after tax growing more than fivefold year-on-year. Consolidated profit before tax stood at ₹538.60 crore, up 406.49% year-on-year and 62.46% quarter-on-quarter, while consolidated profit after tax reached ₹394.22 crore, registering growth of 448.14% year-on-year and 60.49% quarter-on-quarter. On half yearly basis the PBT grew from ₹61.64 crore to ₹870.12 crore, up by 1311.62% while PAT grew from ₹42.62 crore to ₹639.86 crore, up by 1401.31%
The performance reflects increasing scale, operating strength and momentum across HFCL’s businesses. The order book now standing at ₹28,911 crore, together with advanced opportunity pipeline, provides multi-year revenue visibility. Demand across AI infrastructure, hyperscale data centres and telecom networks is accelerating, while international opportunities are steadily converting into firm contracts.
Key highlights
Q2 FY27 revenue of ₹2,541.79 crore, up 143.62% YoY and 32.73% QoQ
EBITDA of ₹658.00 crore, up 223.55% YoY and 47.78% QoQ; EBITDA margin of 25.89%, expanding by 640 basis points YoY and 264 basis points QoQ
PBT of ₹538.60 crore, up 406.49% YoY and 62.46% QoQ
PAT of ₹394.22 crore, up 448.14% YoY and 60.49% QoQ; PAT margin of 15.51%, expanding by 862 basis points YoY and 268 basis points QoQ
H1 FY27 PBT grew from ₹61.64 crore to ₹870.12 crore, up by 1311.62% while PAT grew from ₹42.62 crore to ₹639.86 crore, up by 1401.31%
Order book exceeds ₹28,900 crore, complemented by an advanced pipeline and revenue visibility extending six to seven years and beyond
FY27 revenue growth is now expected to be at least 80% over FY26, supported by current business visibility and momentum
Planned investment of approximately ₹1,800 crore across optical fiber, cable and preform manufacturing will expand capacity and will further deepen integration.
Defence and Aerospace business remain on track towards its revenue aspiration of approximately ₹500 crore in FY27
