Sterlite Technologies reports Q2 FY26 results; driven by innovation and strong order book growth
STL reported Q2 FY26 revenue of ₹1,034 crore and EBITDA of ₹141 crore. The company achieved 135% H1 FY26 order book growth, reaching ₹5,188 crore, driven by innovation and strategic partnerships.
The announcement contains crucial financial results, substantial order book growth, key strategic partnerships, and future-oriented technological developments, all of which are highly relevant for investor valuation and future prospects.
The company demonstrated strong financial performance with improved EBITDA margins, significant order book growth, strategic customer wins, and advancements in product innovation and market penetration, coupled with positive management outlook.
Sterlite Technologies Limited's Board of Directors, at its meeting on November 6, 2025, approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2025. * For Q2 FY26, the company reported revenues of ₹1,034 crore and an EBITDA of ₹141 crore. The EBITDA margin stood at 13.6% for Q2 FY26 and 13.7% for H1 FY26, showing significant improvement year-on-year. * The H1 FY26 order book witnessed a robust growth of ~135% over H1 FY25, with the open order book at the end of Q2 FY26 standing at ₹5,188 crore. * Optical Networking Business (ONB) recorded revenue of ₹980 crore and EBITDA of ₹136 crore in Q2 FY26, showing strong traction, particularly in the North American market. * STL Digital expanded its global footprint with three new customer acquisitions, totaling 33 global clients, and secured a multimillion-dollar, multiyear engagement. It also launched its AI Center of Excellence (CoE). STL Digital reported Q2 FY26 revenue of ₹65 crore and an EBITDA of ₹1 crore, achieving consecutive EBITDA-positive quarters. * Key strategic wins include deepening partnerships with Netomnia (UK), a Long-Term Supply Agreement (LTSA) with a leading European telecom service provider, and new order inflows from two top-tier US telecom operators. * The company is pioneering solutions for AI-ready digital infrastructure, signing an MoU with QNu Labs Pvt. Ltd. for Quantum Communications R&D, extending its IBR portfolio in the US, and developing CONCAT, a pre-connectorised fibre solution. STL's patent count reached 750 by the end of Q2 FY26. * Consolidated Net Profit for Q2 FY26 was ₹4 crore and for H1 FY26 was ₹14 crore. * Net Debt stands at ₹1,313 crore, with a Net Debt to Equity ratio of 0.64 and Net Debt to EBITDA of 2.33. * Ankit Agarwal, MD, STL, stated, "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." * The company remains committed to net-zero emissions by 2030 and holds an MSCI ESG rating of 'A'.
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Sterlite Technologies Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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