HFCL Q2 FY27 Revenue Jumps 144%, PAT Surges 548%
HFCL Limited [NSE: HFCL, BOM: 500183], an Indian manufacturer of Optical Fibre Cables (OFCs), announced its Q2 FY27 financial results, with significant growth in revenue and profit.
HFCL’s Q2 FY27 Standalone Financials
HFCL reported a standalone revenue of Rs. 2,177.76 crore and Profit After Tax (PAT) of Rs. 268.02 crore during Q2 of FY27.
HFCL’s Q2 FY27 Consolidated Financial Figures
HFCL’s Q2 PAT Grows Over Fivefold YoY
The company’s consolidated revenue during Q2 FY27 jumped by 143.62% (2.44 times) to ₹2,541.79 crore from its ₹1,043.34 crore revenue reported for Q2 FY26. HFCL’s PAT also increased to ₹394.22 crore during Q2 FY27 from ₹71.92 crore in Q2 FY26. This represents a steep Year-over-Year (YoY) growth of 448.14% (5.48 Times) in the company’s PAT.
HFCL reported an Earnings Per Share (EPS) of ₹2.37 in Q2 FY27 against ₹0.47 in Q2 FY26.
HFCL’s 2nd Quarter Numbers: QoQ Comparison
HFCL’s Q2 FY27 revenue exhibited an increase of 32.73% from its Q1 FY27 topline of ₹1,914.98 crore. Q2 FY27 PAT grew by 60.47% on a Quarter-over-Quarter (QoQ) basis. During Q1 of FY27, the company’s PAT stood at ₹245.64 crore.
Analysis of HFCL’s Segmental Revenue
Segmental Revenue (in ₹ Crore)
Telecom Products: Revenue from Telecom Products segment of the company grew by 373.77% (4.74 times) to ₹2,321.96 crore during Q2 FY27 from ₹490.10 crore in Q2 FY26.
Defence Products and Services: During Q2 of FY27, the company reported a ₹54.94 crore revenue. This is 84.80% higher YoY than the company’s Defence Products and Services revenue of ₹29.73 crore during Q2 of FY26.
Turnkey Contracts and Services: HFCL generated a revenue of ₹136.07 crore from its Turnkey Contracts and Services segment during Q2 of FY27. This reflects a YoY decrease of 73.15% from the company’s ₹506.77 crore revenue from this segment reported for Q2 of FY26.
HFCL Expects at Least 80% Revenue Growth in FY27
Commenting on the company’s revenue outlook, Mr Mahendra Nahata, Managing Director of HFCL, said, “Based on our current expectations, we now expect revenue growth of at least 80% in FY27. The momentum we see gives us confidence that our ₹10,000 crore revenue aspiration can be achieved much earlier than the FY29 horizon originally envisaged”.
During Q2 FY27, the company reported an order book of Rs. 28,911 crore. Of this, Rs. 19,751 crore came from executing EPC projects, Rs. 5,070 crore from Operation and Maintenance (O&M) services, and the remaining Rs. 4,090 crore from the networking segment.
Also, the company is in the process of expanding its Optical Fibre, Optical Fibre Cable and preform manufacturing capacities, with the expansion expected to be completed by October 2028.
About HFCL Limited: Established in 1987, HFCL has its headquarters in Delhi. It caters primarily to the communication sector through optical fibre cables and transmission & access equipment manufacturing. HFCL has optical fibre cable manufacturing facilities in Goa and Hyderabad. HTL Limited, the company’s subsidiary, also has an optical fibre cable manufacturing plant in Chennai. The company has a Cable Reinforcement Solutions Plant in Hosur, Tamil Nadu.
