HFCL Limited announced the securing of a significant export order valued at approximately ~USD 46.13 million (equivalent to ~INR 441.53 crore). The order is for the supply of optical fiber cables to a renowned international customer, facilitated through HFCL’s overseas wholly-owned subsidiary. This substantial order reaffirms the company’s global standing in manufacturing capabilities, technological excellence, and product quality, with execution expected by January 2027.
HFCL Secures Significant International Contract
HFCL Limited has announced a major milestone with the securing of a substantial export order amounting to approximately ~USD 46.13 million, which translates to ~INR 441.53 crore. This order is for the supply of Optical Fiber Cables (OFC) and has been secured from a distinguished international client. The transaction was facilitated through HFCL’s overseas wholly-owned subsidiary, underscoring the company’s global reach and operational capabilities.
Key Details of the Export Order
The order, awarded by an International Customer, falls under general contract conditions. The scope of work involves the Supply of Optical Fiber Cables as per customer specifications. The execution of this contract is slated to be completed by January 2027. This significant order not only bolsters HFCL’s order book but also serves as a strong testament to the trust placed by global customers in the company’s manufacturing prowess, advanced technology, and high-quality product offerings.
Reaffirmation of Market Trust
This landmark order reaffirms HFCL’s established position as a reliable supplier in the international telecommunications market. The company’s commitment to technological advancement and product excellence continues to be recognized by its global clientele. HFCL has confirmed that there are no promoter/promoter group/group companies with any interest in the entity that awarded this order, and the transaction was conducted in the normal course of business.
Source: BSE
