Sterlite Technologies swings to ₹4 crore profit; order book jumps 135%

Broadband technology firm Sterlite Technologies Ltd (STL) on Thursday (November 6) reported a net profit of ₹4 crore for the quarter ended September 2025, compared with a loss of ₹14 crore in the same period last year.

Revenue from operations declined 4% year-on-year to ₹1,034 crore from ₹1,074 crore. Earnings before interest, tax, depreciation, and amortisation (EBITDA) grew 10.3% year-on-year to ₹129 crore, against ₹117 crore a year ago. The company’s EBITDA margin improved to 12.5% in the September quarter, compared with 10.9% in the corresponding quarter of the previous year.

The company's order book during the first half of FY26 rose by about 135% over the same period last year. The company’s open order book at the end of the second quarter stood at ₹5,188 crore. In the second quarter of FY26, the Optical Networking Business (ONB) reported revenue of ₹980 crore and an EBITDA of ₹136 crore.

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STL Digital expanded its global footprint during the quarter with three new customer acquisitions, taking its total to 33 global clients. It also secured a multimillion-dollar, multiyear engagement with a leading global information solutions company for its cloud-based client connectivity platform.

In addition, the company launched its Artificial Intelligence Center of Excellence (AI CoE) to enhance capability building, develop next-generation solutions, and support customer use cases.

During the quarter, Sterlite Technologies deepened its partnership with Netomnia to co-develop advanced optical solutions for a future-ready full-fibre network across the UK. The company also signed a Long-Term Supply Agreement (LTSA) with a leading European telecom service provider and secured new order inflows from two top-tier US telecom operators.

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Ankit Agarwal, MD, Sterlite Technologies, said, "We are entering a new phase of global growth, powered by innovation and partnerships. We are extensively engaging with our new and existing customers to expand our data centre & enterprise solutions. Our deep R&D capability and ability to co-create these solutions are unlocking new opportunities worldwide."

Shares of Sterlite Technologies Ltd ended at ₹112.30, down by ₹8.00, or 6.65%, on the BSE.