STL reports Q2 FY26 results: Revenue at ₹1,034 Cr, strong 135% H1 order book growth to ₹5,188 Cr
STL reported Q2 FY26 consolidated revenue of ₹1,034 crore and EBITDA of ₹141 crore, with a strong 135% H1 order book growth to ₹5,188 crore, driven by new strategic wins and innovation.
The announcement details the company's financial performance, substantial growth in its order book, and strategic initiatives to expand globally and innovate. These factors are crucial indicators of the company's health and future growth trajectory, directly influencing investor confidence and market valuation.
The company reported strong Q2 FY26 results with stable revenues and improved EBITDA margins. Significant order book growth of 135% in H1 FY26 and new strategic wins in key markets like North America and Europe, coupled with continuous innovation and leadership strengthening, indicate positive business momentum despite US tariff impacts.
Sterlite Technologies Limited's Board of Directors, at its meeting on November 06, 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 consolidated revenues of ₹1,034 crore and EBITDA of ₹141 crore. * STL recorded a strong growth in its order book in H1 FY26, increasing by approximately 135% over H1 FY25. * The open order book at the end of Q2 FY26 stands at ₹5,188 crore. * The Optical Networking Business (ONB) achieved a revenue of ₹980 crore and an EBITDA of ₹136 crore in Q2 FY26, benefiting from completed capacity expansions and strong traction in the North American market. * STL Digital expanded its global footprint by adding three new customers, bringing the total to 33 global clients. It also secured a multimillion-dollar, multiyear engagement and launched its AI Center of Excellence (CoE). * Key highlights include deepened partnership with Netomnia for advanced optical solutions in the 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. * Innovation efforts include an MoU with QNu Labs for Quantum Communications, expansion of the IBR portfolio to 864F IBR (a slim 11.7mm diameter cable), launch of an advanced Unitube Single Jacket Indoor Fibre Optic Cable in the UK, and development of CONCAT, a pre-connectorised fibre solution. The company's patent count reached 750. * STL strengthened its leadership team with seasoned executives to drive growth in the US and Europe regions. * Ankit Agarwal, MD, STL, commented, "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." * Net Debt is ₹1,313 crore, with a Net Debt to Equity ratio of 0.64 and Net Debt to EBITDA of 2.33. * The US tariff reset, effective mid-Q2, reduced reported EBITDA by approximately 300 basis points in Q2 FY26.
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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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