HFCL Limited (NSE: HFCL, BSE: 500183), a leading telecom infrastructure provider, has secured two significant orders aggregating ₹76.21 crores for the supply of optical fiber cables (OFC). The orders include an export contract worth USD 6.91 million (₹59.19 crores) from an overseas telecommunications company and a domestic order of ₹17.02 crores from ITI Limited, a government-owned enterprise.
Order Details
The export order, to be executed by September 2025, involves supplying specialized OFC products tailored to the overseas client’s specifications. The domestic order from ITI Limited, slated for completion by June 2025, reinforces HFCL’s role in supporting India’s digital infrastructure goals. Both orders exclude applicable taxes and adhere to standard contractual terms.
HFCL emphasized that these contracts do not involve related-party transactions and were awarded at arm’s length. The company’s manufacturing capabilities and adherence to global quality standards were cited as key factors in securing the deals.
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Published on: May 17, 2025 / M Vishnu
GVMC Deputy Mayor Election Scheduled
The Greater Visakhapatnam Municipal Corporation will hold a special council meeting today to elect a new deputy mayor. This follows a successful no-confidence motion against the previous deputy mayor, with the NDA coalition aiming to consolidate its leadership.
सुखदुःखे समे कृत्वा लाभालाभौ जयाजयौ।
Treating happiness and distress, gain and loss, victory and defeat alike.
