HFCL Shares In Focus After Subsidiary Wins ₹1,366-Crore Order

By Kotak News Desk
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08 Apr 2026 at 11:10 AM IST
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Market News
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4 minutes read

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Summary

HFCL shares rose around 3% after subsidiary HTL won a ₹1,366 crore optical fibre cable order. The company reported overall strong Q3 growth.

Himachal Futuristic Communications Ltd (HFCL Ltd) shares rose over 3% in early trading hours on Wednesday as its key subsidiary, Hindustan Teleprinters Limited (HTL Ltd), secured ₹1,366 crore in optical fibre cable orders from a domestic client, with delivery scheduled by December 2026.

The company, in a stock exchange filing, said the subsidiary has received an order from a renowned Tier 1 customer.

As of 9.37 AM on 8 April, HFCL Ltd shares were trading at ₹74.89 a piece, up 3.10%.

How Were The Financials Of HFCL Ltd?

The company in Q3 of the financial year 2025-2026 reported a 35.6% year-on-year jump in net profit to ₹97.6 crore. The profit was largely led by margin expansion and improved operating leverage.

HFCL’s revenue in the quarter jumped 19.6% year-on-year to ₹1,210.8 crore, compared to ₹1,012 crore in the corresponding quarter last year. Its financials were boosted by expansion in the telecom and networking business.

With the March quarter now over, the company is expected to announce its Q4 FY26 results soon, which will give a clearer picture of its recent performance.

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What Do HFCL Ltd And HTL Ltd Do?

HFCL Ltd operates in the telecom and technology sector and designs, manufactures, and deploys cutting-edge communication solutions. Its business spans the production of optical fibre cables, 5G telecom equipment, Wi-Fi access points, routers, and switches, alongside offering turnkey network infrastructure services.

HTL Ltd is a material subsidiary owned by HFCL Ltd and specialises in the production of optical fibre cables and passive connectivity components.

Besides the telecommunication industry, the subsidiary also offers electrical wiring interconnect solutions in the aerospace, defence, automotive, and industrial industries.

Sources:

NDTV Profit

Moneycontrol

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