Telecom Cables company HFCL announced Q2FY27 results Standalone Financial Highlights: Total Income: Reached Rs 2,203.06 crore in Q2FY27, reflecting a YoY increase of 116.37% from Rs 1,018.20 crore in Q2FY26, and a QoQ growth of 34.31% from Rs 1,640.34 crore in Q1FY27. Profit Before Tax (PBT): Stood at Rs 358.51 crore in Q2FY27, registering a massive YoY surge of 299.63% from Rs 89.71 crore in Q2FY26, and a QoQ increase of 49.30% from Rs 240.12 crore in Q1FY27. Net Profit After Tax (PAT): Reached Rs 268.02 crore in Q2FY27, jumping by 336.23% YoY from Rs 61.44 crore in Q2FY26, and growing by 49.56% QoQ from Rs 179.21 crore in Q1FY27. Consolidated Financial Highlights: Revenue: Recorded at Rs 2,541.79 crore in Q2FY27, up by 143.62% YoY from Rs 1,043.34 crore in Q2FY26, and up 32.73% QoQ from Rs 1,914.98 crore in Q1FY27. For H1FY27, revenue reached Rs 4,456.77 crore, demonstrating a 132.81% YoY growth. EBITDA: Reached Rs 658.00 crore in Q2FY27, climbing 223.55% YoY from Rs 203.37 crore in Q2FY26 and 47.78% QoQ from Rs 445.27 crore in Q1FY27. EBITDA Margin: Expanded to 25.89% in Q2FY27, up by 640 basis points YoY and 264 basis points QoQ. Profit Before Tax (PBT): Achieved Rs 538.60 crore in Q2FY27, reflecting a growth of 406.49% YoY from Rs 106.34 crore in Q2FY26, and a 62.46% QoQ increase from Rs 331.52 crore in Q1FY27. For H1FY27, PBT surged to Rs 870.12 crore, up 1311.62% YoY. Profit After Tax (PAT): Stood at Rs 394.22 crore in Q2FY27, jumping by 448.14% YoY from Rs 71.92 crore in Q2FY26, and up 60.49% QoQ from Rs 245.64 crore in Q1FY27. For H1FY27, PAT surged to Rs 639.86 crore, up 1401.31% YoY. PAT Margin: Improved to 15.51% in Q2FY27, expanding by 862 basis points YoY and 268 basis points QoQ. Business Highlights: Order Book: The total order book stands at Rs 28,911 crore, providing multi-year revenue visibility extending six to seven years and beyond. Revenue Guidance: Based on current momentum, FY27 revenue growth is expected to be at least 80% over FY26. Capacity Expansion: The Company has planned an investment of approximately Rs 1,800 crore across optical fiber, cable, and preform manufacturing to expand capacity and deepen integration. Strategic Segments: Demand is accelerating across AI infrastructure, hyperscale data centres, and telecom networks. International opportunities are also converting into firm contracts. Defence and Aerospace: The segment remains on track towards its revenue aspiration of approximately Rs 500 crore in FY27. Segment-wise Performance: Telecom Products: Revenue reached Rs 2,321.98 crore in Q2FY27, surging by 373.78% YoY from Rs 490.10 crore in Q2FY26, and up 46.08% QoQ from Rs 1,589.53 crore in Q1FY27. Defence Product & Services: Revenue stood at Rs 54.94 crore in Q2FY27, increasing by 84.80% YoY from Rs 29.73 crore in Q2FY26, and up 131.42% QoQ from Rs 23.74 crore in Q1FY27. Turnkey Contracts and Services: Revenue was Rs 136.07 crore in Q2FY27, declining by 73.15% YoY from Rs 506.77 crore in Q2FY26, and down 51.46% QoQ from Rs 280.32 crore in Q1FY27. Mahendra Nahata, Managing Director, HFCL, said: “This is the best-ever quarterly performance in HFCL’s history and marks a defining moment in our growth journey. The results reflect the increasing scale, strength and momentum of our business and reinforce our confidence in HFCL’s ability to deliver sustained growth and create enduring value for stakeholders. Our order book exceeds Rs 28,900 crore and provides multi-year revenue visibility. Beyond this secured business, we have a strong pipeline of orders at advanced stages. Demand continues to accelerate across AI infrastructure, hyperscale data centres and telecom networks. Opportunities with international hyperscalers and telecom operators are steadily converting into firm contracts. Based on current expectations and business visibility, we now expect revenue growth of at least 80% in FY27 over FY26. We had envisaged achieving Rs 10,000 crore landmark revenue by FY29. Given the momentum we are seeing, we believe this milestone can be achieved much earlier. Our planned investment of approximately Rs 1,800 crore across optical fiber, cable and preform manufacturing will expand further capacities and deepen integration. Our advanced optical fiber cable portfolio and data centre connectivity solutions continue to strengthen. He further added that Defence and Aerospace business is HFCL’s next major engine of growth. Our portfolio spans thermal weapon sights, electronic fuzes, surveillance radars, Multi-Mode Hand Grenades and aerostructures. The ongoing acquisition of the aerospace business is expected to be completed during the current quarter, further strengthening our capabilities and presence in this sector. We remain on track towards our aspiration of approximately Rs 500 crore of Defence revenue in FY27. As we look ahead, Optical fiber cable and connectivity solutions, Telecom, Defence & Aerospace business will form the key pillars of HFCL’s growth strategy. The scale and opportunities across these businesses give us confidence that their combined contribution will bring greater diversification, resilience and long-term sustainability to the Company’s revenue and profitability, creating a stronger platform for growth over the coming years”. Result PDF