HFCL Limited has informed the Exchange about Bagging/Receiving of Export Order of USD 6.91 Million (equivalent to INR 59.19 Crores approx.) and Domestic Order of INR 17.02 Crores aggregating to INR 76.21 Crores approx. for supply of Optical Fiber Cables (OFC)
HFCL · price
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Awaiting price reaction for this filing.
HFCL Limited has secured purchase orders worth approximately INR 76.21 Crores for supplying optical fiber cables. This includes an export order of USD 6.91 Million (around INR 59.19 Crores) from an overseas telecommunications company, and a domestic order of about INR 17.02 Crores from ITI Limited, a public sector undertaking. The domestic order is to be executed by June 2025, while the export order is to be completed by September 2025. The company has stated that the promoter group has no interest in the entities awarding these orders, and the transactions are not related party transactions.
Positive for the company — these orders strengthen HFCL's order book, reflect continued trust from both domestic and international clients in its manufacturing capabilities, and provide near-term revenue visibility (to be executed within 4-5 months).