HFCL revenue surges 120% on-year in Q1FY27, order book highest-ever at ₹26,665 crore

Homegrown optical fibre cable (OFC) maker HFCL on Wednesday reported an 119.85% year-on-year rise in its Q1FY27 consolidated revenue to ₹1,914.98 crore. It had reported revenue of ₹871.02 crore in the June quarter of FY26.

The domestic vendor expects FY27 revenue to grow by 40% in the current fiscal year.

HFCL posted a profit after tax (PAT) of ₹245.64 crore in the April-June quarter of FY27, compared to a net loss of ₹29.3 crore in the corresponding quarter a year ago.

Its EBITDA, or core operating profit, surged by 937.20% year-on-year to ₹445.27 crore in Q1FY27, from ₹42.93 crore a year ago. EBITDA margin, too, increased by 1,832 basis points (bps) to 23.25%.

1bps is 0.01%.

It achieved its highest-ever order book of nearly ₹26,665 crore. Export revenue stood at ₹1,063.30 crore in Q1FY27, as compared to ₹209.70 crore in Q1FY26.

The Delhi-based company attributed its strong quarterly financial performance to multiple growth drivers, including rising demand from hyperscale data centres, improved product realisations, operating leverage through economies of scale, a diversified portfolio of high-value technology products, and expanding export opportunities, which drove significant improvement across all key financial metrics, including revenue, EBITDA, profit before tax (PBT), and PAT.

“As these market trends continue to strengthen and our execution remains robust, we are well positioned to sustain this growth momentum,” HFCL said.

HFCL board separately approved an investment of ₹215 crore in building an advanced AI data centre connectivity solutions manufacturing facility.

“With the strategic initiatives undertaken which are now translating into tangible outcomes, HFCL has entered a new phase of accelerated and profitable growth,” said Mahendra Nahata, MD, HFCL.

“I am pleased to share that the company has delivered its highest-ever quarterly Revenue, Profitability and the Order Book during Q1FY27, underscoring the strength of our execution, expanding product portfolio and growing market opportunities,” Nahata added.

With an expanding technology portfolio, manufacturing capabilities and global presence, HFCL remains well=positioned to create sustainable long-term value for stakeholders, the top executive said.