The supply contract requires delivery of the optical fiber cables by November 2026, with execution extending through that period.

In the same quarter, consolidated net profit declined 8.2% to ₹67.86 crore and revenue fell 4.6% year-over-year to ₹1,043.34 crore.

In BharatNet Phase 3, HFCL and partners RVNL and Aerial Telecom Solutions secured contracts totaling over ₹9,100 crore, including bids in Uttar Pradesh and Punjab.

HFCL is a diversified Indian technology company involved in telecom infrastructure, system integration, and manufacture/supply of optical fiber, OFC, and related equipment.

Earlier exports and contracts included IP/MPLS router supplies for Vodafone Idea’s 5G network and participation as an L1 bidder in BharatNet Phase 3 middle-mile network deployment.

Execution timelines for the orders extend through November 2026, with contracts governed by standard terms and required OFC supply per customer specifications.

In the September quarter, HFCL emphasized strong export growth and expansion in defence electronics, including orders for thermal weapon sights and the BMP-2 upgrade tender.

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HFCL reported Q2 FY26 revenue of ₹1,043.34 crore and EBIDTA of ₹203.37 crore, with an EBIDTA margin of 19.49%; net profit stood at ₹71.92 crore, down year-on-year.

HFCL executives say the large export orders underscore global customer trust in the company’s manufacturing capabilities, technology, and quality.

HFCL has secured export orders totaling $72.96 million (about Rs 656.10 crore) to supply optical fiber cables through its overseas wholly owned subsidiary for an international customer.

Following the news, HFCL shares rose to intraday highs around ₹71.15 before stabilizing near ₹69.23 on the Bombay Stock Exchange.

HFCL stock closed lower or moved to ₹68.90 on the preceding trading day, reflecting market fluctuations around the news.

As of 9:20 AM, HFCL was up about 2% on the BSE, while the Sensex gained slightly, signaling positive market reception to the news.

HFCL highlighted defence-related milestones in Q2 FY26, including orders for Thermal Weapon Sights and participation in the upgradation tender for 811 BMP-2 Armoured Fighting Vehicles for the Indian Army.

HFCL’s market capitalization is around ₹10,144.88 crore, with a 52-week low of ₹67.49 and a high of ₹134.8.

International business accounted for 28% of HFCL’s quarterly revenue in Q2 FY26, up from 24% in Q1 FY26 and 10% a year earlier, supported by export wins and growth in defence electronics.