HFCL Limited has announced the successful acquisition of export orders totaling approximately USD 54.81 million, which is equivalent to roughly INR 522.73 crore. These orders are for the supply of optical fiber cables to international customers. The company highlighted that these new contracts underscore the confidence international clients have in HFCL’s manufacturing capabilities and product quality. The execution of these orders is expected to be completed by January 2027.
HFCL Secures Significant Export Contracts
HFCL Limited has announced that it has secured export orders valued at approximately USD 54.81 million (approximately INR 522.73 crore) for the supply of optical fiber cables (OFC). These orders have been placed by renowned international customers, reinforcing the company’s global market presence.
Reaffirmation of Capabilities
The company stated that these new orders serve as a testament to the confidence reposed by its customers in HFCL’s robust manufacturing capabilities, technological excellence, and high-quality products. This significant business win is considered to be in the normal course of business for HFCL.
Order Details
The details provided for these orders are as follows:
- Entity Awarding Order(s): International Customers
- Nature of Order(s): Supply of Optical Fiber Cables as per customer specifications.
- Order Origin: International
- Execution Timeline: Expected to be completed by January 2027.
- Broad Consideration/Size: Approximately USD 54.81 million (approximately INR 522.73 crore).
- Promoter/Group Interest: No interest from promoters or promoter group companies.
- Related Party Transaction: The orders do not fall within related party transactions.
HFCL expressed its gratitude and confidence that these orders will contribute positively to its growth trajectory and further solidify its position in the global telecommunications infrastructure market.
Source: BSE
