Sterlite Technologies reports Rs 4 crore profit in Q2, revenue

STL Digital expanded its global footprint during the quarter with three new customer acquisitions, taking its total to 33 global clients.

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

Revenue from operations declined 4% year-on-year to Rs 1,034 crore, down from Rs 1,074 crore a year ago. However, EBITDA rose 10.3% to ₹129 crore, versus Rs 117 crore in the corresponding quarter of the previous year. The EBITDA margin improved to 12.5%, up from 10.9% a year earlier.

STL’s order book in the first half of FY26 expanded by about 135% year-on-year, with the open order book at the end of Q2 standing at Rs 5,188 crore. During the quarter, the Optical Networking Business (ONB) reported revenue of Rs 980 crore and an EBITDA of Rs 136 crore.

“We are entering a new phase of global growth, powered by innovation and partnerships. We are extensively engaging with new and existing customers to expand our data centre and enterprise solutions. Our deep R&D capability and co-creation approach are unlocking new opportunities worldwide,” said Ankit Agarwal, Managing Director, STL.

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 provider to support its cloud-based client connectivity platform.

The company also launched an Artificial Intelligence Center of Excellence (AI CoE) to strengthen capability building, develop next-generation solutions, and support customer-specific use cases.

During the quarter, STL deepened its partnership with Netomnia to co-develop advanced optical solutions for a future-ready full-fibre network across the UK. It also signed a Long-Term Supply Agreement (LTSA) with a leading European telecom operator and received new orders from two top-tier US telecom companies.