/images/ppid_59c68470-image-1769165032503736.webp)
What is the story about?
Sterlite Technologies Ltd on Friday (January 23) reported a net loss of ₹17 crore in the quarter, compared with a net loss of ₹24 crore in the corresponding period last year.
EBITDA for the quarter stood at ₹129 crore, up from ₹111 crore a year earlier, reflecting a year-on-year increase of 16.2%. EBITDA margin came in at 10.3%, compared with 11.1% in the year-ago period, translating into a contraction of 80 basis points on a year-on-year basis.
The company reported continued sequential improvement in operational EBITDA margin for the fifth consecutive quarter. This improvement was driven by a higher-margin product mix and increased contributions from the US market.
Also Read: Sterlite Technologies swings to ₹4 crore profit; order book jumps 135%
Sterlite Technologies said it remains well-positioned to leverage emerging opportunities, with the US–India Bilateral Trade Agreement currently under advanced discussion. The company is focused on offering reliable, high-quality solutions for building AI-ready digital infrastructure.
During Q3 FY26, Sterlite Technologies' Optical Networking Business (ONB) recorded revenue of ₹1,174 crore and EBITDA of ₹131 crore. The company said its operations are now closer to key markets across North America, Europe, and Asia, strengthening its ability to fulfil evolving customer needs for AI-ready digital infrastructures.
Sterlite Technologies added that its capacity expansions and glass-to-terabit connectivity solutions are beginning to deliver positive results. These outcomes are being supported by a sharp focus on data centre-centric product innovation and co-creation.
Also Read: Sterlite Tech shares fall over 7% on this negative development pertaining to its US subsidiary
STL Digital expanded its global footprint during the quarter through new customer acquisitions, taking its total client base to 34 global clients. In Q3 FY26, STL Digital also secured a multimillion-dollar deal from a US-based pharmaceutical major. The deal is for SAP S/4 HANA implementation across multiple geographies.
"STL delivered a strong quarter with healthy revenue growth and robust order momentum across key global markets. Our technology leadership in next-generation fibre and data centre solutions, coupled with a sharp focus on customer outcomes, continues to differentiate us.
We remain committed to building AI-ready digital infrastructure at a global scale, while driving innovation, efficiency, and long-term value for our stakeholders," said Ankit Agarwal, MD of STL.
Shares of Sterlite Technologies Ltd ended at ₹88.30, down by ₹5.20, or 5.56%, on the BSE.
EBITDA for the quarter stood at ₹129 crore, up from ₹111 crore a year earlier, reflecting a year-on-year increase of 16.2%. EBITDA margin came in at 10.3%, compared with 11.1% in the year-ago period, translating into a contraction of 80 basis points on a year-on-year basis.
The company reported continued sequential improvement in operational EBITDA margin for the fifth consecutive quarter. This improvement was driven by a higher-margin product mix and increased contributions from the US market.
Also Read: Sterlite Technologies swings to ₹4 crore profit; order book jumps 135%
Sterlite Technologies said it remains well-positioned to leverage emerging opportunities, with the US–India Bilateral Trade Agreement currently under advanced discussion. The company is focused on offering reliable, high-quality solutions for building AI-ready digital infrastructure.
During Q3 FY26, Sterlite Technologies' Optical Networking Business (ONB) recorded revenue of ₹1,174 crore and EBITDA of ₹131 crore. The company said its operations are now closer to key markets across North America, Europe, and Asia, strengthening its ability to fulfil evolving customer needs for AI-ready digital infrastructures.
Sterlite Technologies added that its capacity expansions and glass-to-terabit connectivity solutions are beginning to deliver positive results. These outcomes are being supported by a sharp focus on data centre-centric product innovation and co-creation.
Also Read: Sterlite Tech shares fall over 7% on this negative development pertaining to its US subsidiary
STL Digital expanded its global footprint during the quarter through new customer acquisitions, taking its total client base to 34 global clients. In Q3 FY26, STL Digital also secured a multimillion-dollar deal from a US-based pharmaceutical major. The deal is for SAP S/4 HANA implementation across multiple geographies.
"STL delivered a strong quarter with healthy revenue growth and robust order momentum across key global markets. Our technology leadership in next-generation fibre and data centre solutions, coupled with a sharp focus on customer outcomes, continues to differentiate us.
We remain committed to building AI-ready digital infrastructure at a global scale, while driving innovation, efficiency, and long-term value for our stakeholders," said Ankit Agarwal, MD of STL.
Shares of Sterlite Technologies Ltd ended at ₹88.30, down by ₹5.20, or 5.56%, on the BSE.
