HFCL Limited CC-May26.pdf · 2026-04-30
Thank you so much for the opportunity and congrats on a great set of numbers. Sir, I have two questions. Number one, if I look at the current trajectory, we are already having a $1.1 billion of orders from a hyperscaler and along with a defense execution of INR600 crores lined up for next year. When I triangulate this number from the existing base of INR5,000 crores, it appears that our overall revenue could scale up to INR8,000 crores next year. With our segment margins already at 30%, is it fair to assume that our profit next year can be north of INR800 crores, INR900 crores, even after factoring a INR100 crore s annual loss from project business?
Yes. But sir, our telecom product PBT margin should continue -- even inch up higher with the defense execution and improved margin mix?