HFCL Limited Subsidiary HTL Limited Secures ₹1366 Crore Order

HFCL Limited has announced that its material subsidiary, HTL Limited, has secured significant new orders for the supply of Optical Fiber Cables (OFC). Valued at approximately ₹1366 crore, the contract was awarded by a renowned Tier-1 customer. This project, which falls under normal business operations, is slated for completion by December 2026 and strengthens the company’s position as a leading manufacturer in the telecommunications infrastructure sector.

Strategic Order Win

HFCL Limited has further expanded its order book through its material subsidiary, HTL Limited. The company confirmed that it has successfully secured orders totaling ₹1366 crore from a prominent Tier-1 customer. This substantial contract focuses on the supply of high-quality Optical Fiber Cables (OFC), underscoring the strong market demand for the company’s manufacturing capabilities and technological expertise.

Project Details and Delivery Timeline

The contract is for domestic supply and meets the technical specifications required by the customer. The company has committed to fulfilling the order requirements by December 2026. This project will be executed as a standard business transaction, independent of any related party interests, ensuring an arm’s-length execution of the agreement.

Significance for the Group

This major win highlights the ongoing confidence customers place in HTL Limited’s product quality and production efficiency. By securing a contract of this scale, HFCL continues to consolidate its footprint in the optical fiber segment, providing robust revenue visibility and reinforcing the company’s contribution to India’s expanding digital and communications infrastructure.

Source: BSE

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