HFCL Bags ₹2,666 Cr BharatNet Deal: A Masterclass in Recurring Revenue
HFCL secured a ₹2,666.09 crore contract from Rail Vikas Nigam Limited for BharatNet Phase-III in Uttar Pradesh (West). The contract structure fundamentally alters HFCL’s revenue profile: ₹1,192.82 crore in capex and ₹1,473.27 crore in opex, with a 2-year implementation period followed by 10 years of maintenance. With this setup, HFCL will book heavy capex revenue … Read more