HFCL secures USD 51.98 mn export order for optical fiber cable

Export Order Hard CurrencyOrder Above 5pct RevenueBusiness Updates View source PDF

HFCL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

HFCL Limited has secured an export order worth about USD 51.98 million (around INR 495.80 crore) for supply of optical fiber cable based data centre connectivity solutions. The order comes from a renowned international customer through HFCL's overseas wholly owned subsidiary. Delivery is to be completed by December 2026. The order is not a related party transaction and was secured in the normal course of business. This strengthens HFCL's global data centre infrastructure footprint.

Likely market impact

Positive: sizeable export order boosts revenue visibility and reinforces HFCL's position in global data centre connectivity market.