The company said the contracts, received in the normal course of business, involve the supply of optical fibre cables as per customer specifications and are scheduled to be executed by August 2026.
The orders include one contract worth around $11.43 million (approximately ₹108.8 crore) and another valued at about $7.89 million (roughly ₹75.15 crore), according to an exchange filing.
HFCL added in the filing that both orders have been awarded by international entities under general contract conditions, further strengthening its global order book and export business presence.
Q4 results
The telecom equipment maker recently reported a sharp turnaround in its fourth-quarter earnings. HFCL posted a net profit of ₹178.5 crore in Q4, compared with a loss of ₹81.4 crore in the same period last year, while revenue more than doubled year-on-year to ₹1,824 crore from ₹800.7 crore.
Operating performance also improved significantly, with EBITDA standing at ₹315 crore against an EBITDA loss of ₹36 crore a year ago. The company also announced a dividend of ₹0.20 per share for FY26.
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Looking ahead, HFCL said it expects EBITDA margins to expand from 16.7% in FY26 to 20-21% by FY29. The company is also targeting more than 70% of revenue from products and over 50% of revenue from exports by FY27.
Shares of HFCL ended higher on Monday, May 11, by 5.85% at ₹149.41 on the NSE.
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(Edited by : Shoma Bhattacharjee)
