Q2 FY27: profit after tax ₹394.22 crore, up 448.14% year-on-year; order book exceeds ₹28,900 crore
HFCL's September 2026 quarter: consolidated revenue ₹2,541.79 crore, up 143.62% year-on-year.
By ScoutQuest · · 2 min read
- Consolidated Revenue (Q2 FY27)
- ₹2,541.79 crore, up 143.62% year-on-year
- Profit After Tax (Q2 FY27)
- ₹394.22 crore, up 448.14% YoY; PAT margin 15.51%
- Order Book
- exceeds ₹28,900 crore
The board approved the un-audited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, at its meeting on October 19, 2026, along with limited review reports from the statutory auditors, S Bhandari & Co LLP and Oswal Sunil & Company.
Quarter at a glance
- Consolidated revenue from operations: ₹2,541.79 crore, against ₹1,043.34 crore in the same quarter last year, up 143.62% year-on-year and 32.73% quarter-on-quarter.
- EBITDA: ₹658.00 crore against ₹203.37 crore a year earlier; EBITDA margin 25.89%.
- Profit before tax: ₹538.60 crore against ₹106.34 crore, up 406.49% year-on-year.
- Profit after tax: ₹394.22 crore against ₹71.92 crore, up 448.14% year-on-year; PAT margin 15.51%.
- On a standalone basis, revenue from operations was ₹2,177.76 crore and profit after tax ₹268.02 crore for the quarter.
Half year (April to September 2026)
- Revenue ₹4,456.77 crore against ₹1,914.36 crore in the same half last year, up 132.81%.
- EBITDA ₹1,103.27 crore with a 24.75% margin.
- Profit before tax ₹870.12 crore against ₹61.64 crore.
- Profit after tax ₹639.86 crore against ₹42.62 crore.
Order book and outlook
- The order book exceeds ₹28,900 crore, which the company links to revenue visibility extending six to seven years and beyond.
- FY27 revenue growth is now expected to be at least 80% over FY26, based on current business visibility.
- A planned investment of approximately ₹1,800 crore across optical fiber, cable and preform manufacturing is intended to expand capacity and deepen integration.
- The Defence and Aerospace business remains on track towards a revenue aspiration of approximately ₹500 crore in FY27.
- The company cites accelerating demand across AI infrastructure, hyperscale data centres and telecom networks, and says international opportunities are converting into firm contracts.
Balance sheet and cash
- Consolidated total assets stood at ₹10,174.92 crore as at September 30, 2026, against ₹8,867.58 crore as at March 31, 2026.
- Consolidated cash and cash equivalents were ₹184.97 crore at September 30, 2026, against ₹37.67 crore at the start of the financial year.
- Net cash inflow from operating activities for the half year was ₹455.27 crore on a consolidated basis.
Points a retail investor may weigh
- The figures are un-audited; the auditors' review report states that nothing came to their attention suggesting the statements contain a material misstatement.
- The percentage growth is measured against the corresponding quarter and half of the previous year.
- The order book, the FY27 growth expectation and the Defence revenue aspiration are management statements about the future, not reported results.
Also from HFCL
HFCL incorporates wholly-owned subsidiary HFCL Connectivity Systems for ₹1 Lakh, subscribing 1 lakh shares of Re. 1 each
23 Oct 2026
HFCL posts audio recording of Investors'/Analysts Conference Call held October 19, 2026
19 Oct 2026
Monitoring agency: no deviation in use of QIP proceeds; Rs. 525.67 crore utilised till Q2FY27
19 Oct 2026
More numbers
- Consolidated revenue from operations, Q2 FY27₹2,541.79 crore
- Consolidated profit after tax, Q2 FY27₹394.22 crore
- Consolidated profit before tax, Q2 FY27₹538.60 crore
- Consolidated EBITDA, Q2 FY27₹658.00 crore
- Revenue growth year-on-year, Q2 FY27143.62%
- PAT growth year-on-year, Q2 FY27448.14%
- Order book₹28,900 crore
- Expected FY27 revenue growth over FY2680%
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.