HFCL Q2 FY27 : FY27 REVENUE GROWTH GUIDANCE RAISED TO 80%, ₹28,900 CR ORDER BOOK & MAJOR DATA CENTER EXPANSION

• FY27 REVENUE GROWTH GUIDANCE RAISED TO AT LEAST 80% FROM EARLIER 40% • ₹10,000 CR REVENUE TARGET EXPECTED TO BE ACHIEVED AHEAD OF FY29; NO REVISED TIMELINE GIVEN • Q3 FY27 REVENUE EXPECTED TO GROW SEQUENTIALLY; EBITDA MARGIN EXPECTED TO REMAIN STRONG • TOTAL ORDER BOOK AT ₹28,900 CR, INCLUDING APPROXIMATELY ₹18,500 CR IN OPTICAL CONNECTIVITY • OPTICAL FIBER CABLE CAPACITY TO EXPAND FROM 34 MILLION TO 63 MILLION FIBER-KM • ₹1,800 CR INVESTMENT PLANNED ACROSS OPTICAL FIBER, CABLE & PREFORM MANUFACTURING • 600-TONNE PREFORM PLANT TARGETED FOR OCTOBER 2028; EXPECTED TO MEET 50% OF FIBER REQUIREMENTS • CONNECTIVITY SOLUTIONS REVENUE EXPECTED ABOVE ₹800 CR IN FY27 & AROUND ₹2,000 CR IN FY28 • DEFENSE REVENUE TARGETED AT ₹500–600 CR IN FY27 & AT LEAST ₹2,000 CR IN FY28 • DEFENSE BUSINESS ASPIRES TO REACH ₹5,000 CR ANNUAL REVENUE WITHIN THREE YEARS • AEROSPACE ACQUISITION EXPECTED TO CLOSE IN Q3 FY27, WITH ₹1,600–1,800 CR ORDER BOOK • EPC LOSSES EXPECTED TO MODERATE IN H2 FY27; PROFITABILITY TARGETED FROM Q1 FY28 • DEBT REDUCTION EXPECTED TO BEGIN IN FY27, WITH SUBSTANTIAL REDUCTION TARGETED BY MARCH 2028

HFCL LIMITED

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