HFCL Limited has secured a landmark five-year supply agreement worth approximately ₹10,159 crores (USD 1.1 billion) with a global multinational corporation. The contract involves the supply of high-fiber-count Optical Fiber Cables (OFC) starting from 2026 through 2030. This is the first multi-year, long-term arrangement of this scale in the company's history, significantly enhancing its global competitive positioning. The deal provides substantial long-term revenue visibility and validates HFCL's advanced manufacturing capabilities.

HFCL has joined a Department of Telecommunications (DoT)-funded consortium led by IIT Delhi to develop Hollow-Core Fiber (HCF) technology. This next-generation optical fiber is designed to significantly reduce latency and energy consumption, making it a critical backbone for future 6G, quantum networks, and AI data centers. HFCL will utilize its integrated manufacturing facilities in Hyderabad, Goa, and Chennai to provide a pathway from research validation to full-scale commercial deployment. This strategic move positions HFCL as a key player in the global shift toward ultra-low-latency telecom infrastructure.

HFCL Limited has reported a significant improvement in its S&P Global ESG Score for 2025, reaching a score of 50. This represents a substantial 22-point increase compared to the previous year, reflecting the company's enhanced focus on sustainability and governance. Notably, HFCL's score of 50 is now higher than the industry average of 40. The improvement was primarily driven by advancements in Corporate Governance, Climate Strategy, and Human Capital Management.

HFCL reported a robust order book of ₹11,125 crore as of December 2025, reflecting strong demand in the optical fiber and defense sectors. A significant strategic shift is visible as export revenues jumped to 27% of the total mix, up from 14% a year ago, supported by $192 million in new international orders. The company is aggressively expanding its Optical Fibre Cable capacity to 42.36 mn fkm by June 2026 to capitalize on AI-driven data center demand. Additionally, new product lines like Pre-Connectorised Solutions and MPO cables are projected to contribute up to ₹1,000 crore in revenue over FY26-FY27.

HFCL reported a strong Q3 FY26 performance with consolidated revenue growing 19.65% YoY to ₹1210.79 crore and PAT increasing 41.04% YoY to ₹102.37 crore. EBITDA margins saw a significant expansion of 312 bps to 20.11%, driven by a higher contribution from product sales (60%) and exports (27%). The company's order book reached a robust ₹11,125 crore, supported by $192 million in new export orders for Optical Fibre Cables. Management's focus on high-margin products and defence indigenisation is successfully shifting the revenue mix away from lower-margin EPC projects.

HFCL reported a strong quarterly recovery in Q3FY26 with revenue growing 19.65% YoY to ₹1,210.79 crore and PAT rising 41.04% YoY to ₹102.37 crore. The company's order book reached a healthy ₹11,125 crore, providing strong revenue visibility. A strategic shift is evident as export contributions surged to 27% of revenue, up from 12.23% in FY25, and product-led revenue now accounts for 60% of the mix. While 9-month (9MFY26) figures remain lower than the previous year, the quarterly momentum indicates a sharp turnaround driven by global demand for optical fiber and defense electronics.

HFCL Limited has appointed Mr. Anil Narendra Shah as an Additional Independent Director for a three-year term effective January 21, 2026. Mr. Shah is a highly experienced professional with over 40 years in capital markets and legal domains, having previously served as the Joint Secretary of the Bombay Stock Exchange. This appointment follows the completion of the second term of Mr. Bharat Pal Singh as an Independent Director. Consequently, the company has reconstituted seven key board committees, including Audit, Risk Management, and ESG, to integrate the new leadership expertise.

HFCL Limited has successfully completed a Qualified Institutions Placement (QIP), raising approximately ₹550 crores to bolster its financial position. The company allotted 8,79,29,651 equity shares to 14 institutional investors at an issue price of ₹62.55 per share. This price includes a 5% discount to the floor price of ₹65.84, as permitted under SEBI regulations. Major participants include Rajasthan Global Securities and Necta Bloom VCC, who were allotted 21.82% and 18.18% of the issue respectively.

HFCL Limited has successfully concluded its Qualified Institutions Placement (QIP) which opened on December 22, 2025. The company has approved the allocation of 8,79,29,651 equity shares to eligible institutional buyers. The shares were issued at a price of ₹62.55 per share, representing a 5% discount to the floor price of ₹65.84. This significant capital raise will likely be utilized to fund expansion plans and strengthen the company's financial position in the telecom infrastructure space.

HFCL Limited has officially launched its Qualified Institutions Placement (QIP) on December 22, 2025, to raise capital from institutional investors. The floor price for the issue has been fixed at ₹65.84 per equity share, based on SEBI pricing formulas. The company retains the discretion to offer a discount of up to 5% on this floor price to participating investors. This fundraise follows a series of approvals from the Board in July 2025 and shareholders in September 2025.

HFCL Limited's Fund Raising Committee has formally approved the issuance of equity shares through a Qualified Institutions Placement (QIP) on December 22, 2025. This decision follows earlier approvals from the Board of Directors in July 2025 and shareholders in September 2025. The shares will have a face value of ₹1 each, aimed at raising capital under SEBI ICDR Regulations. This move indicates the company is moving forward with its capital expansion plans to support its business operations and growth initiatives.

HFCL Limited has officially approved the issuance of equity shares through a Qualified Institutions Placement (QIP) following a committee meeting on December 22, 2025. This move follows prior board approval from July 2025 and shareholder approval obtained during the Annual General Meeting in September 2025. The issuance will involve equity shares with a face value of ₹1 each. While the specific fundraise amount was not disclosed in this filing, the activation of the QIP mechanism indicates an imminent capital infusion to support the company's growth or capital structure.