HFCL reports strong Q2 FY26 results, driven by telecom and defence

HFCL Limited reported a strong Q2 FY26 with revenue reaching INR 1043.34 Crores, up from INR 871.02 Crores in Q1 FY26 and INR 1093.61 Crores in Q2 FY25. The company’s EBITDA for the quarter was INR 203.37 Crores, resulting in an EBITDA margin of 19.49%, a significant increase from 4.93% in Q1 FY26. Profit After Tax (PAT) stood at INR 71.92 Crores, with a PAT margin of 6.89%.

The company's telecom products segment contributed 51.43% to the Q2 FY26 segment revenue. HFCL has secured export orders exceeding INR 650 crore for Optical Fiber Cables, to be executed by April 2026, and its total OFC capacity is set to reach 42.36 million fkm per annum by June 2026. In the defence sector, HTL Limited, a subsidiary, secured a contract worth ~INR 101.82 crore from the Indian Army.

HFCL maintains its revenue growth guidance of 20% for the current financial year. The company is also divesting its 15.19% stake in Nivetti Systems Private Limited for INR 52.51 crore to sharpen its focus on core strengths in telecom and defence.