HFCL Q1 FY27 Results: Optical fibre manufacturer HFCL delivered a strong quarterly performance in the April-June period of FY27, reporting record consolidated profit and revenue amid a rise in demand from AI-driven data centres, exports and optical connectivity products. The company posted a consolidated net profit of Rs 245.64 crore for the quarter ended June 30, 2026, marking a sharp turnaround from the Rs 29.3 crore loss it reported in the corresponding quarter last year.
HFCL also raised its outlook for the current financial year, doubling its revenue growth guidance to 40 per cent from the 20 per cent projected earlier. The company attributed the improved outlook to robust demand from hyperscale data centres, rising exports and better operational efficiencies resulting from higher production volumes.
In a statement, the company said, “Our record quarterly financial performance reflects the convergence of multiple structural growth drivers. Rising demand from improved product realisations, operating leverage through economies of scale, a diversified portfolio of high-value technology products, and expanding export opportunities have collectively driven a significant improvement across all key financial metrics.”
HFCL’s consolidated revenue surged to a record R 1,914.98 crore during the first quarter of FY27, more than doubling from Rs 871 crore recorded in the same period a year ago, at 120 per cent. The company also reported its highest-ever order book at around Rs 26,665 crore, nearly five times its revenue for FY26, providing strong visibility for future business.
Commenting on the performance, HFCL Managing Director Mahendra Nahata 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 Q1,FY27.”
Additionally, overseas revenue climbed to Rs 1,063.30 crore, accounting for nearly 55.53 per cent of total revenue. Export earnings expanded more than four-fold compared with Rs 209.7 crore reported in the June 2025 quarter.
Board Clears Rs 215 Crore Expansion To Capture AI Opportunity
HFCL is also stepping up investments to strengthen its position in the rapidly expanding optical connectivity market. Nahata said, “To further strengthen our leadership in the optical connectivity space, the board today approved expansion of manufacturing set-up for advanced data centre connectivity products with an investment of approximately Rs 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.”
He added that the rapid convergence of artificial intelligence, digital infrastructure, optical connectivity and defence modernisation is opening up significant long-term opportunities for the company.
Beyond telecom and AI infrastructure, HFCL is continuing to expand its presence in the defence and aerospace segment through indigenous technology development, manufacturing expansion and proposed acquisitions.