HFCL announced its unaudited financial results for Q2 FY26 and the half-year ended September 30, 2025, showcasing robust performance. Q2 FY26 revenue reached INR 1043.34 Crores, with EBITDA at INR 203.37 Crores and PAT at INR 71.92 Crores. The company is expanding its high fibre count cable manufacturing capacity and sees strong demand for its telecom and defense products.
Financial Performance Highlights
HFCL reported strong financial results for Q2 FY26, demonstrating growth and profitability:
- Revenue: INR 1043.34 Crores compared to INR 871.02 Crores in Q1 FY26 and INR 1093.61 Crores in Q2 FY25.
- EBITDA: INR 203.37 Crores, significantly up from INR 42.93 Crores in Q1 FY26 and higher than INR 171.82 Crores in Q2 FY25; resulting in an EBITDA margin of 19.49%.
- PAT: INR 71.92 Crores, a substantial improvement from a loss of INR -29.30 Crores in Q1 FY26 and near to INR 73.33 Crores in Q2 FY25.
The company’s order book stands at INR 9981 Crores as of September 30, 2025.
Segment Performance
The revenue split shows 51.43% from Telecom Products in Q2 FY26, compared to 66.35% in Q1 FY26 and 46.46% in Q2 FY25.
Strategic Developments and Outlook
HFCL is expanding its high fibre count Cable manufacturing capacity from 1.73 million fkm p.a. to 19.01 million fkm p.a., expected to be fully operational by June 2026. This will bring the total OFC capacity to 42.36 million fkm per annum.
The company has secured export orders exceeding INR 650 crore for supply of Optical Fiber Cables, to be executed by April 2026.
HFCL’s subsidiary, HTL Limited, secured a contract worth ~₹101.82 crore from the Indian Army for Tactical Optical Fiber Cable.
HFCL is divesting its entire 15.19% stake in Nivetti Systems Private Limited for 52.51 crore.
The company has improved its ESG rating to 65 (Strong) by ESG Risk Assessments and Insights Limited (ERAIL) and 73 by CFC Finlease Private Limited in October 2025.
Source: BSE
