Summary

HFCL Limited, a leading technology enterprise in the telecom and defence sectors, reported impressive Q2 FY26 results with a sharp recovery in profitability, solid operational momentum, and growing international business contributions. The Company reported revenue of INR 1,043.34 crore, marking a 19.78% quarter-on-quarter growth, with EBITDA surging nearly fivefold to INR 203.37 crore. The EBITDA margin expanded to 19.49%, while PAT turned positive at INR 71.92 crore. International business contributed 28% of the total revenue in Q2FY26.

Key Highlights

1. 1

   Revenue up 19.78% QoQ to INR 1,043.34 crore

2. 2

   EBITDA surges nearly fivefold to INR 203.37 crore

3. 3

   EBITDA margin expands to 19.49%

4. 4

   PAT turns positive at INR 71.92 crore

5. 5

   International business contributes 28% of total revenue in Q2FY26

6. 6

   Major export wins and strong traction in defence electronics portfolio

7. 7

   Orders for Thermal Weapon Sights and participation in upgradation tender for 811 BMP-2 Armoured Fighting Vehicles

8. 8

   Allocation of land by the Government of Andhra Pradesh for HFCL's proposed Defence Manufacturing Facility