HFCL Limited Posts Stellar Q1 FY27 Results: Consolidated Net Profit Soars to ₹245.64 Crore as Revenue More Than Doubles Year-on-Year

HFCL Limited (CIN: L64200HP1987PLC007466) has officially announced its un-audited standalone and consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27). The telecom infrastructure and technology solutions provider delivered a sharp turnaround in profitability alongside explosive top-line growth compared to the corresponding period of the previous financial year.

Consolidated Financial Performance Overview

Top-Line Growth

Revenue from Operations: Reached ₹1,914.98 crore in Q1 FY27, representing a remarkable 119.85% YoY surge from ₹871.02 crore in Q1 FY26. On a sequential basis, revenue grew 4.98% QoQ from ₹1,824.12 crore recorded in Q4 FY26.

Other Income: Stood at ₹31.15 crore for the quarter, up from ₹14.53 crore in Q1 FY26 and ₹22.26 crore in Q4 FY26.

Total Income: Jumped 119.76% YoY to ₹1,946.13 crore in Q1 FY27 compared to ₹885.55 crore in Q1 FY26, and expanded 5.40% QoQ from ₹1,846.38 crore in Q4 FY26.

Profitability & Turnaround

Profit Before Tax (PBT): The company reported a consolidated PBT of ₹331.52 crore in Q1 FY27, turning around from a loss before tax of ₹44.70 crore in Q1 FY26. Sequentially, PBT expanded 45.45% QoQ from ₹227.93 crore in Q4 FY26.

Net Profit (PAT): Consolidated net profit after tax reached ₹245.64 crore in Q1 FY27, compared to a net loss of ₹29.30 crore in Q1 FY26. On a quarter-on-quarter basis, PAT rose 33.17% QoQ from ₹184.45 crore in Q4 FY26.

Comprehensive Income: Total comprehensive income for the period stood at ₹317.80 crore, up significantly from ₹9.62 crore in Q1 FY26 and ₹145.22 crore in Q4 FY26.

Earnings Per Share (EPS): Basic and diluted EPS improved to ₹1.49 per share for Q1 FY27, up from a negative EPS of ₹0.22 in Q1 FY26 and ₹1.21 in Q4 FY26.

Standalone Financial Performance Highlights

Revenue from Operations: Came in at ₹1,607.80 crore, registering a 103.70% YoY increase over ₹789.28 crore in Q1 FY26 and a 6.39% QoQ increase over ₹1,511.24 crore in Q4 FY26.

Total Income: Stood at ₹1,640.34 crore, up 104.18% YoY from ₹803.37 crore in Q1 FY26 and up 6.91% QoQ from ₹1,534.39 crore in Q4 FY26.

Profit Before Tax (PBT): Reached ₹240.12 crore, turning around from a loss of ₹62.89 crore in Q1 FY26 and growing 10.97% QoQ against ₹216.38 crore in Q4 FY26.

Net Profit (PAT): Came in at ₹179.21 crore, compared to a net loss of ₹42.34 crore in Q1 FY26 and ₹177.58 crore in Q4 FY26.

Standalone EPS: Stood at ₹1.17 per share for Q1 FY27 (vs. -₹0.29 in Q1 FY26 and ₹1.20 in Q4 FY26).

Consolidated Segment-Wise Revenue & Operating Performance

1. Telecom Products

Segment Revenue: Rose sharply to ₹1,589.53 crore in Q1 FY27, up 192.47% YoY compared to ₹543.48 crore in Q1 FY26, and up 5.38% QoQ from ₹1,508.35 crore in Q4 FY26.

Segment Results (PBIT): Expanded to ₹483.92 crore in Q1 FY27, up from ₹55.76 crore in Q1 FY26 and ₹383.00 crore in Q4 FY26.

2. Turnkey Contracts and Services

Segment Revenue: Stood at ₹280.32 crore in Q1 FY27, down 4.36% YoY compared to ₹293.11 crore in Q1 FY26 and down 1.65% QoQ from ₹285.01 crore in Q4 FY26.

Segment Results (PBIT): Recorded a loss of ₹87.53 crore in Q1 FY27, compared to a loss of ₹53.64 crore in Q1 FY26 and a loss of ₹84.10 crore in Q4 FY26.

3. Defence Product & Services

Segment Revenue: Generated ₹23.74 crore in Q1 FY27, matching the ₹23.74 crore reported in Q1 FY26 and growing 91.14% QoQ from ₹12.42 crore in Q4 FY26.

Segment Results (PBIT): Showed a loss of ₹8.04 crore in Q1 FY27 (vs. a loss of ₹0.30 crore in Q1 FY26 and a loss of ₹5.90 crore in Q4 FY26).

4. Others

Segment Revenue: Reached ₹21.39 crore in Q1 FY27 (vs. ₹10.69 crore in Q1 FY26 and ₹18.34 crore in Q4 FY26).

Segment Results (PBIT): Stood positive at ₹0.68 crore (vs. a loss of ₹1.01 crore in Q1 FY26 and a loss of ₹1.72 crore in Q4 FY26).

Capital Structure & Segment Balance Sheet Summary

Paid-up Equity Share Capital: Remained stable at ₹153.03 crore (face value Re. 1/- per share) as of June 30, 2026.

Consolidated Total Assets: Expanded to ₹9,926.76 crore as of June 30, 2026, compared to ₹8,867.57 crore as of March 31, 2026, and ₹7,680.08 crore as of June 30, 2025.

Consolidated Total Liabilities: Stood at ₹4,521.63 crore as of June 30, 2026, compared to ₹3,918.98 crore as of March 31, 2026, and ₹3,551.13 crore as of June 30, 2025.

Key Business Highlights

Optical Connectivity

HFCL continues to strengthen its position in the rapidly expanding Optical Fiber Cable and connectivity market, supported by accelerating investments in AI-driven data centres, cloud infrastructure, next-generation telecom networks and digital infrastructure globally. The Company's capacity expansion programme remains on track, with Optical Fiber capacity increasing from 28 million fiber kilometres to 34 million fiber kilometres and Optical Fiber Cable capacity expanding from 34 million fiber kilometres to 43 million fiber kilometres, enhancing its ability to meet growing global demand.

HFCL is also advancing its backward integration into preform manufacturing, further strengthening supply chain resilience and long-term competitiveness.

Defence & Aerospace

HFCL continues to scale its Defence & Aerospace business through indigenous technology development, expanding manufacturing capabilities and proposed acquisition. During the quarter, the Company initiated the process of setting up of its Ammunition Manufacturing Complex in Andhra Pradesh for manufacturing of Multimode Hand Grenade, Electronic Fuzes, other ammunition products and simultaneously strengthening its portfolio across surveillance Radars, Thermal Imaging Sites and Tactical Communication Solutions. The Company views the Defence business as a strategic long-term growth engine, underpinned by sustainable demand, strong policy support, and significant opportunities for value creation over the coming years.

Commenting on the performance, Mr. Mahendra Nahata, Managing Director, HFCL, said " With the strategic initiatives undertaken which are now translating into tangible outcomes, HFCL has entered a new phase of accelerated and profitable growth. 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.

The convergence of AI, digital infrastructure, optical connectivity and defence modernisation is creating significant long-term opportunities for the Company. To further strengthen our leadership in optical connectivity space, the Board has today approved expansion of manufacturing set-up for advanced data centre connectivity products with an investment of approximately ₹215 crore. With our expanding technology portfolio, manufacturing capabilities and global presence, we remain well positioned to create sustainable long-term value for our stakeholders."

Shares of HFCL Limited was last trading in BSE at Rs. 217.50 as compared to the previous close of Rs. 207.50. The total number of shares traded during the day was 1091757 in over 7832 trades.

The stock hit an intraday high of Rs. 217.85 and intraday low of 208.00. The net turnover during the day was Rs. 235618280.00.

Source : Equity Bulls

Keywords

HFCL INE548A01028 TelecomCables Q1FY27 Q1FY2027 ResultUpdate