HFCL Ltd

HFCL has received a purchase order worth Rs 135.09 crore from RailTel Corporation of India, under the Ministry of Railways (RailTel) for the Annual Maintenance Contract (AMC) of the project 'Implementation of Secure Operations (OPS) Network' for data centers of Indian defence forces. The Company had earlier undertaken the implementation of the Secure OPS Network for Indian defence forces under a project awarded by RailTel. The Company has successfully completed the design, supply, installation, and commissioning of one central data centre and 120 mini data centres at Indian defence establishments across the Country. The scope of the project included establishment of a secure defence communication network comprising hardware, software, and data centre infrastructure, along with AI-enabled network security, and was executed in accordance with the stipulated contractual requirements and prescribed technical and security specifications. Post completion of the warranty period, RailTel has now issued the aforesaid purchase order for undertaking the AMC of the project. Under this AMC contract, the Company will provide end-to-end maintenance support services aimed at ensuring high availability, reliability, and security of the network infrastructure supporting critical defence communication operations. The scope of work includes preventive and corrective maintenance, network monitoring, incident management, performance optimization, and 24x7 technical support services.

The order pertains to the Annual Maintenance Contract (AMC) for the 'Implementation of secure operations (OPS) network project for data centres of Indian defence forces. According to the company, the AMC will be executed over a five-year period ending in January 2031. HFCL also clarified that neither its promoters nor promoter group entities have any interest in the awarding authority and that the contract does not constitute a related-party transaction. HFCL stated that it had previously executed the implementation of the Secure OPS Network project for Indian defence forces under a contract awarded by RailTel. As part of the project, the company successfully completed the design, supply, installation, and commissioning of one central data centre and 120 mini data centres across defence establishments nationwide. The original project involved the establishment of a secure defence communication network comprising hardware, software, and data centre infrastructure, along with AI-enabled network security systems. The company said the project was executed in line with prescribed contractual, technical, and security requirements. Following the completion of the warranty period, RailTel has now awarded HFCL the AMC contract to provide end-to-end maintenance support services aimed at ensuring the availability, reliability, and security of the network infrastructure supporting critical defence communication operations. The scope of the AMC includes preventive and corrective maintenance, network monitoring, incident management, performance optimisation, and 24x7 technical support services. HFCL is a diversified telecom infrastructure enabler with businesses spanning telecom infrastructure development, system integration, and the manufacture and supply of high-end telecom equipment, optical fiber, and optical fiber cables (OFC). On a consolidated basis, HFCL reported net profit of Rs 178.50 crore in Q4 March 2026 as against net loss of Rs 81.43 crore in Q4 March 2025. Net sales surged 127.81% YoY to Rs 1824.12 crore in Q4 March 2026. RailTel Corporation of India was incorporated in 2000, with the objective of creating nationwide broadband and VPN services, telecom, and multimedia networks to modernize the train control operation and safety system of Indian Railways. The company's standalone net profit jumped 35.7% to Rs 143.52 crore in Q4 FY26, compared with Rs 105.78 crore in Q4 FY25. Revenue from operations rose 27.6% YoY to Rs 1,668.86 crore in Q4 FY26. The counter rose 0.20% to Rs 325 on the BSE. Powered by Capital Market - Live

HFCL has allotted 7.50 crore convertible warrants to NextWave Communications (promoter) and Satellite Finance (promoter group) on receipt of warrant subscription amount of Rs 18.50 per warrant (being 25% of the exercise price of Rs 74 per warrant aggregating to Rs 138.75 crore).

The company has to complete the supplies by August 2026. 'We are pleased to inform all stakeholders that the company has secured an export order worth around $11.07 million (equivalent to about Rs 106.19 crore) for the supply of optical fiber cables, through its overseas wholly owned subsidiary, from a renowned international customer,' the company said in an exchange filing. HFCL is a diversified telecom infrastructure enabler with businesses spanning telecom infrastructure development, system integration, and the manufacture and supply of high-end telecom equipment, optical fiber, and optical fiber cables (OFC). On a consolidated basis, HFCL reported net profit of Rs 178.50 crore in Q4 March 2026 as against net loss of Rs 81.43 crore in Q4 March 2025. Net sales surged 127.81% YoY to Rs 1824.12 crore in Q4 FY26. Shares of HFCL fell 2.20% to Rs 144.80 on the BSE.Powered by Capital Market - Live

The board of HFCL at its meeting held on 14 May 2026 has approved the establishment of a defence manufacturing facility for manufacture of Multi-Mode Hand Grenade (MMHG) and similar other products in Sri Satya Sai District of the State of Andhra Pradesh (Defence Facility) at a total initial capital outlay of Rs 230 crore. This initiative forms part of HFCL's long-term strategic expansion into high-value defence manufacturing, aligned with India's national objective of achieving self-reliance (Aatmanirbharta) in defence production.

According to the company's regulatory filing, the orders are scheduled to be executed by August 2026. However, the names of the customers were not disclosed. The total contract comprises two separate international orders. The first order is valued at approximately $11.43 million (around Rs 108.80 crore), while the second order is worth $7.89 million (around Rs 75.15 crore). The company stated that the orders reaffirm customer confidence in its manufacturing capabilities, technological expertise, and product quality. HFCL is a diversified telecom infrastructure enabler with businesses spanning telecom infrastructure development, system integration, and the manufacture and supply of high-end telecom equipment, optical fiber, and optical fiber cables (OFC). On a consolidated basis, HFCL reported net profit of Rs 178.50 crore in Q4 March 2026 as against net loss of Rs 81.43 crore in Q4 March 2025. Net sales surged 127.81% YoY to Rs 1824.12 crore in Q4 March 2026. Powered by Capital Market - Live

HFCL has received export orders valued at USD 19.32 million (equivalent to Rs 183.95 crore) for the supply of optical fiber cables from renowned international customers.

HFCL announced that the Board of Directors of the Company at its meeting held on 30 April 2026, inter alia, have recommended the final dividend of Rs 0.2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

Net profit of HFCL reported to Rs 178.50 crore in the quarter ended March 2026 as against net loss of Rs 81.43 crore during the previous quarter ended March 2025. Sales rose 127.81% to Rs 1824.12 crore in the quarter ended March 2026 as against Rs 800.72 crore during the previous quarter ended March 2025. For the full year,net profit rose 75.72% to Rs 311.74 crore in the year ended March 2026 as against Rs 177.41 crore during the previous year ended March 2025. Sales rose 21.77% to Rs 4949.27 crore in the year ended March 2026 as against Rs 4064.52 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1824.12800.72 128 4949.274064.52 22 OPM %17.21-4.63 -15.3911.05 - PBDT273.41-74.49 LP 585.06322.10 82 PBT227.93-104.93 LP 427.68216.59 97 NP178.50-81.43 LP 311.74177.41 76 Powered by Capital Market - Live

HFCL will hold a meeting of the Board of Directors of the Company on 30 April 2026.