HFCL reports strong Q2 FY26 results with revenue, EBITDA growth

HFCL Limited's board approved the unaudited financial results for the second quarter and half year ended September 30, 2025. The company reported Q2 FY26 revenue of ₹1,043.34 crore, a 19.78% quarter-on-quarter growth. EBITDA surged by 373.72% QoQ to ₹203.37 crore, with the EBITDA margin expanding to 19.49%, and PAT turning positive at ₹71.92 crore.

International business was a significant growth driver, contributing 28% of Q2 FY26 revenue. HFCL also secured an export order worth ~USD 32.02 million for optical fiber cables through its overseas wholly owned subsidiary, expected to be executed by December 2026. This reflects strong global market confidence.

CARE Ratings Limited, the monitoring agency for HFCL's Qualified Institutions Placement (QIP) proceeds, confirmed that all funds are utilized as disclosed. The unutilized balance of ₹42.69 crore is held in fixed deposits, with an extension for capital expenditure utilization approved until March 31, 2026. These updates underscore HFCL's robust performance and strategic direction.