HFCL to further ramp up FTTH cable manufacturing capacity in next few quarters

Posted in:

Estimated reading time: 1 minute, 7 seconds

Telecom equipment’s manufacturer HFCL Limited is set to ramp up the FTTH cable manufacturing capacity even further in the next few quarters. The company claims to have to become the largest FTTH cable manufacturer in the country after the launch of its latest FTTH facility in Hyderabad which will be further expended, the company said in a release yesterday.

HFCL is focused on expanding its product portfolio and increase exports of its “Made in India” offerings with HFCL seeing India as the next innovation and manufacturing hub for telecom products. HFCL is geared up to serve the next generation communication needs of customers in India and abroad with the implementation of 5G on the horizon.

Our outlook is very optimistic given the demand we are seeing for optical fiber cables and FTTH, not just in India but also from exports. Transformational projects like PM-WANI when viewed in conjunction with BharatNet, and add to that, the upcoming SG rollout, all this will significantly boost the Company’s prospects,” added Mahendra Nahta, MD, HFCL.

HFCL’s PAT in Q3 FY 21 shot up from Rs 53.32 crores in the previous quarter to Rs 85.11 crores with PBT of Rs 218.62 crores and EBIDTA of Rs 397.94 crores.

The company recently completed 1 lakh units of shipment of wireless network portfolio comprising of Wi-Fi Access Points and Point to Point Unlicensed Band Radio to its customers.

Thank you for reading OnlyTech! For the latest tech news, follow us on Twitter, Google News, Telegram and Facebook. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

Avatar of Basil Kannagi Arasu
Basil Kannagi Arasu

Editor-in-chief

Basil keeps an eye on the latest happenings in the Telecom sector. In his free time, you can find him streaming the Premier League which he started watching in 2013.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Visit our forums

Join the discussions with thousands of active members who share the same interests as you and learn something new...