HFCL Limited has announced a major development, securing a purchase order worth ₹173.72 crore for the supply of indigenously manufactured telecom networking equipment.
The order has been placed by an affiliate of a leading domestic telecom service provider and underscores HFCL’s growing role in India’s 5G infrastructure ecosystem.
The purchase order covers the supply of 5G Outdoor Customer Premise Equipment (CPE), which is critical for ensuring last-mile connectivity in 5G deployments. The contract is governed by general terms and conditions, and the execution timeline is set to be completed by September 2025. The order value is exclusive of applicable taxes.
HFCL’s robust portfolio of telecom networking solutions, both indoor and outdoor, will help telecom operators enhance their service offerings across urban and rural regions. The equipment supplied will enable improved connectivity and bridge the digital divide, in line with the government’s Digital India goals.
The order highlights HFCL’s commitment to domestic manufacturing and supports the "Make in India" initiative. It also reflects the company’s ability to meet the growing demand for reliable, high-quality 5G infrastructure solutions within tight timelines.
HFCL Ltd has announced that its Board of Directors will meet on May 22, 2025, to consider and approve key financial matters, including the recommendation of a dividend for the financial year 2024–25.
On May 20, 2025, HFCL share price opened at ₹90.50, slightly up from its previous close of ₹89.80. At 11:04 AM, the share price of HFCL was trading at ₹87.52, down by 2.54% on the NSE.
Also Read:HFCL Share Price Surges Over 3% on ₹76.21 Crore Orders for Optical Fibre Cables!
This strategic order strengthens HFCL’s position as a trusted telecom equipment provider in India’s 5G journey and is expected to contribute meaningfully to its growth in FY26.
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Published on: May 20, 2025, 12:41 PM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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