HFCL Limited has informed the Exchange about securing Export Order of USD 32.02 million approx. (equivalent to INR 281.20 crore approx.) for supply of Optical Fiber Cables (OFC)
HFCL · price
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Awaiting price reaction for this filing.
HFCL Limited has secured an export order worth approximately USD 32.02 million, equivalent to about INR 281.20 crore, for the supply of Optical Fiber Cables (OFC). This is a foreign export order, meaning the revenue will be earned in US dollars. The order adds to HFCL's order book in the telecom equipment segment, where it is a key domestic player. Given HFCL's annual revenue base of roughly INR 5,000 crore, this single order represents a meaningful contribution of around 5-6% of yearly turnover.
Positive for the stock — a sizeable export order in hard currency strengthens the order book, provides revenue visibility, and improves earnings potential while reducing dependence on domestic demand.