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Business

HFCL Q2 results: Profit surges to ₹394 crore as AI data centre demand rises

Business Standard ·
HFCL Q2 results: Profit surges to ₹394 crore as AI data centre demand rises

Domestic telecom gear maker HFCL has posted a multi-fold jump in consolidated profit to Rs 394.22 crore in the second quarter ended September 30, 2026, driven by demand for optical fibre cables from AI data centres, the company said in a regulatory filing.

HFCL had posted net profit of around Rs 72 crore in the same period a year ago.

"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," HFCL managing director, Mahendra Nahata, said in a statement.

The company has forecasted 80 per cent revenue growth in the current fiscal over financial year (FY) 2026 and expects to achieve the Rs 10,000 crore revenue mark before projected timeline of FY29.

HFCL's consolidated revenue from operations more than doubled to Rs 2,541.79 crore dur

Read the full article on Business Standard ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.business-standard.com — the content belongs to Business Standard.

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