New Delhi

Telecom equipment maker HFCL reported its highest-ever quarterly profit of Rs 184.45 crore for the fourth quarter ended March 31, 2026, driven by strong growth in overseas business, new product offerings, and expanded manufacturing capacity. This marks a sharp turnaround from a loss of Rs 83.3 crore in the same period last year.

The company’s performance was supported by a favourable shift in its revenue mix toward higher-margin products, increased export contribution, and better realisations in high fiber-count optical fibre cables. Revenue from operations more than doubled to Rs 1,824.12 crore in the March quarter, compared to about Rs 801 crore a year earlier.

HFCL also reported a record order book of Rs 21,206 crore, more than twice the Rs 9,967 crore recorded at the end of FY25. Its optical fibre cable segment alone accounted for orders worth Rs 13,483 crore, the highest in its history.

Managing Director Mahendra Nahata said the company has evolved into a more globally focused, technology-driven, and diversified enterprise, positioning it for sustained growth. He added that FY26 has been a milestone year, with over 21 per cent year-on-year revenue growth and nearly 97 per cent growth in profit before tax.

For the full financial year, HFCL’s consolidated profit rose more than 90 per cent to Rs 329.44 crore, while annual revenue increased by around 22 per cent to Rs 4,949.27 crore.

Looking ahead, the company is expanding its manufacturing capabilities, particularly in data centre interconnect solutions through its subsidiary, HTL Limited. This segment is expected to generate an additional Rs 400 crore in revenue in FY27 and about Rs 800 crore in FY28.

As part of its long-term strategy, HFCL is also planning to set up a preform manufacturing facility with an estimated investment of Rs 580 crore to strengthen backward integration and improve competitiveness.

In addition, the company has signed a memorandum of understanding to explore opportunities in the defence and aerospace sectors. This vertical already comes with established capabilities and an export-oriented order book of around Rs 1,930 crore, offering immediate revenue visibility.

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HFCL further said its land-based defence segment is scaling up, with plans underway to establish an ammunition manufacturing facility in Andhra Pradesh. The proposed unit will focus on products such as electronic fuzes, multi-mode hand grenades, and 155 mm artillery shells.