HFCL bags Rs 2,329 cr optical fibre cable export order
HFCL has secured a significant export order valued at USD 244 million. This agreement is for supplying high-quality optical fibre cables to a global corporation. The supply contract spans three years, concluding in December 2029. Deliveries are sc...
Without disclosing the name of the client, HFCL said the supply agreement is for three years ending December 2029.
"The company has entered into a three-year supply agreement with a customer for the supply of high-quality, high-fibre-count Optical Fibre Cables (OFC), through its overseas wholly-owned subsidiary. The total value of the contract over its tenure is estimated at around USD 244 million, equivalent to about Rs 2,329 crore," the filing said.
The supply will start from calendar year 2027, the filing said.
In July, the company reported two export orders worth Rs 937 crore for the supply of optical fibre cables.
In the June 2026 quarter, HFCL had posted multifold growth in export revenue to Rs 1,063.30 crore compared to Rs 209.70 crore in the year ago period. PTI
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.