Sterlite Technologies Secures ₹960 Crore Supply Order from Domestic Telecom Operator
Sterlite Technologies Limited (STL) secured a multi-year Supply Agreement worth approximately ₹960 crore from a Domestic Telecom Operator. The contract involves the supply of optical fibre cables and is set for execution in FY28 and FY29, with an option for a two-year extension.
The order value of ₹960 crore is substantial and is expected to have a significant impact on the company's financial performance and market position.
The company has received a significant order, which is a positive development for its business and revenue prospects.
Sterlite Technologies Limited (STL) has announced the successful receipt of a significant order from a Domestic Telecom Operator.
This order is structured as a multi-year Supply Agreement, initially for a period of two years, with an provision for extension by another two years based on mutual agreement. The contract pertains to the supply of optical fibre cables, manufactured according to the customer's specific requirements.
The total value of this order is approximately ₹960 crore (approximately $115 million). The execution of this contract is slated for Fiscal Year 2028 (FY28) and Fiscal Year 2029 (FY29), with the potential for a further two-year extension upon mutual consent.
This development signifies a key business win for STL, reinforcing its position in the domestic telecom infrastructure sector.
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Sterlite Technologies Limited filed this with the NSE as a statutory disclosure, categorised under new orders. 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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