HFCL Limited reported strong Q2 FY26 results, with revenue up 19.78% quarter-on-quarter to ₹1,043.34 crore. EBITDA surged nearly fivefold, reaching ₹203.37 crore, and the company achieved a positive PAT of ₹71.92 crore. International business contributed 28% of total revenue. The company is also expanding its defence manufacturing capabilities.
Financial Performance Highlights
HFCL Limited announced impressive Q2 FY26 results, demonstrating a significant recovery in profitability and solid operational performance. Key highlights include:
- Revenue: ₹1,043.34 crore, a 19.78% increase compared to the previous quarter.
- EBITDA: ₹203.37 crore, a substantial increase from ₹42.93 crore in Q1 FY26.
- EBITDA Margin: 19.49%, up from 4.93% in the previous quarter.
- PAT: A positive ₹71.92 crore, a significant turnaround from a loss of ₹29.30 crore in Q1 FY26.
International Business Growth
International business has become a key growth driver, now contributing 28% of the total revenue in Q2 FY26. This is an increase from 24% in Q1 FY26 and 10% in Q2 FY25. This reflects HFCL’s growing global presence.
Defence Sector Expansion
HFCL achieved major export wins and is experiencing strong traction in its defence electronics portfolio. This includes orders for Thermal Weapon Sights and participation in the upgradation tender for 811 BMP-2 Armoured Fighting Vehicles for the Indian army.
New Defence Manufacturing Facility
The Government of Andhra Pradesh has allocated land for HFCL’s proposed Defence Manufacturing Facility. This facility will focus on Artillery Ammunition Shells and Multi-Mode Hand Grenades (MMHG), expanding HFCL’s capabilities beyond telecom.
Source: BSE
