STL reports Q1 FY26 results; continued positive momentum in Revenue and Order Book
• Order intake of INR 1,500 Cr in Q1 FY26
MUMBAI, India, July 25, 2025 /PRNewswire/ -- STL (NSE: STLTECH), a leading optical and digital solutions company, today announced its financial results for the quarter ended 30 June, 2025. For the first quarter of FY26, the Company reported revenues of INR 1,019 Cr and EBITDA of INR 140 Cr, a growth of ~17% YoY and ~94% YoY, respectively.
Amidst a dynamic tariff landscape, we remain focused on driving performance and profitability through product innovation and cost leadership. We continue strengthening relationships with our customers and driving sales in our key markets of US, Europe and India. This has been reflected in our strong open order book of INR 4,888 Cr. with order intake of INR 1,529 Cr this quarter alone.
In Q1 FY26, Optical Networking Business reported an 18.6% revenue growth and 55.7% EBITDA growth as compared to Q1 FY25. We remained focussed on co-developing optical products for our customers meeting their end-to-end connectivity requirements. The attach rate for Optical Connectivity (OC) segment reached to ~23% for the quarter, following the launch in the US last year. STL achieved ~23% revenue this quarter from Enterprise and Data Centre segment. Recently, STL expanded its Data Centre portfolio to cater to the rising demand of AI-led Data Centres, which includes high-performance fibre and copper cabling solutions. These solutions offer high-capacity and low-latency for scalable, future-ready deployments for end-to-end data centre connectivity.
STL Digital - Acquired 4 new customers in Q1, taking the total count to 30 global customers. STL Digital signed multi-million and multi-year contracts with 3 leading private healthcare services providers to provide Digital Marketing services and a multi-million deal with a global communications devices company for network modernisation.
Some key highlights for Q1 FY26
Key wins - Signed a 3-year Long-Term Supply Agreement (LTSA) for Intelligently-Bonded Ribbon (IBR) cable with a leading European telecom operator and secured significant order inflow with a key US customer for high fibre count OFC solutions, marking a strong comeback after a year. Partnered with Swoop to upgrade ~1,000 homes in Western Australia with high-speed Fibre-to-the-Home (FTTH) connectivity.
Innovation - STL becomes the first company globally to deploy Multi-Core Fiber (MCF) in both aerial and underground networks. STL, in collaboration with the Centre for Development of Telematics (C-DOT), achieved India's first Quantum Key Distribution (QKD) transmission over a 100 km, 4-core MCF network. Recently, STL with IIT Madras, conducted a test with MCF cable on 5 km live testbed. We are now leading global standards in MCF design and testing. Our patent count stands at 740 by the end of Q1 FY26.
Recognition and Awards - STL was recognised by TEPC (Bharat Telecom 2025) in the category 'Telecom Products (Hardware & Software) – Large Enterprises' for driving global exports through Make-in-India innovation. Also received the ET Telecom Award for Impactful IoT Solution of the Year - Sensron (Fibre Optic Sensing).
Sustainability - We achieved a major milestone in sustainable manufacturing for Maharashtra's first green hydrogen and green oxygen production facility for optical fibre. This will enable STL to become one of the world's first optical fibre manufacturers to deploy 100% green hydrogen in its production processes and support its goal to achieve Net Zero by 2030.
"With our trusted global partnerships and continuous product innovation, we are well-positioned for long-term success. The recent expansion of our AI-led Data Centre portfolio and industry-first innovations like multi-core fibre are addressing the growing global demand for high-speed, secure, and scalable connectivity, said Ankit Agarwal, Managing Director, STL. "As we continue to co-create with customers and build next-gen optical networks, we remain committed to powering the digital backbone of tomorrow's world."
Financial highlights (INR Cr)
Financials**
INR Cr
Q1 FY26
Q1 FY25
Revenue
1,019
872
EBITDA
140
72
**All financials are from continued operations
About STL - Sterlite Technologies Ltd:
STL is a leading global optical and digital solutions company providing advanced offerings to build 5G, Rural, FTTx, Enterprise and Data Centre networks. Read more, Contact us, stl.tech | Twitter | LinkedIn | YouTube
(Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI
This is an auto-published feed from PTI with no editorial input from The Wire.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Fashion Value Chain
9 minutes ago
- Fashion Value Chain
TVS Motor Company Registers 29 Percent Sales Growth in July 2025
TVS Motor Company recorded monthly sales of 456,350 units in July 2025 with a growth of 29% as against 354,140 units in the month of July 2024. Two-Wheeler Total two-wheelers registered a growth of 29% with sales increasing from 339,676 units in July 2024 to 438,790 units in July 2025. Domestic two-wheeler registered growth of 21% with sales increasing from 254,250 units in July 2024 to 308,720 units in July 2025. Motorcycle registered a growth of 25% with sales increasing from 161,074 units in July 2024 to 201,494 units in July 2025. Scooter registered a growth of 42% with sales increasing from 139,995 units in July 2024 to 198,265 units in July 2025. Electric Vehicle EV registered a growth of 10% with sales increasing from 21,442 units in July 2024 to 23,605 units in July 2025. Magnet availability continue to pose challenges in the short to medium term. International Business The Companys total exports registered a growth of 46% with sales increasing from 97,589 units in July 2024 to 142,629 units in July 2025. Two-wheeler exports grew by 52% with sales increasing from 85,426 units in July 2024 to 130,070 units in July 2025. Three-Wheeler Three-wheeler registered a growth of 21% with sales increasing from 14,464 units in July 2024 to 17,560 units in July 2025. About TVS Motor Company TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the IQS & APEAL surveys and Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiary in the personal e-mobility space, TVS Ebike Company AG, has a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. For more information, please visit
Economic Times
9 minutes ago
- Economic Times
NSE reaches Rs 40 crore settlement with Sebi over data disclosure case
The National Stock Exchange of India has agreed to pay Rs 40.35 crore to settle charges related to the indirect sharing of confidential information on listed companies with a third-party vendor, the Securities and Exchange Board of India (Sebi) said on Friday. ADVERTISEMENT The settlement ends regulatory proceedings against the exchange without admission of guilt, in a case that had raised concerns over governance lapses at one of India's most influential market institutions. The case relates to multiple governance lapses identified during a regulatory inspection for the period between February 2021 and March 2022. Sebi found that NSE, in the absence of a binding contract, had outsourced storage of historical trade data to a third-party vendor and permitted the transfer of sensitive information to a data subsidiary, which further disseminated it to external clients. This setup, according to Sebi, enabled clients to receive unpublished price-sensitive announcements before they were made public. In its order dated July 31, Sebi noted that NSE's system architecture 'enabled it to send unpublished price sensitive corporate announcement(s) to the clients of NDAL (NSE Data & Analytics Limited) prior to hosting the same on its website,' in violation of several market regulations, including the Sebi (Prohibition of Insider Trading) Regulations, 2015. (You can now subscribe to our ETMarkets WhatsApp channel)
The Wire
32 minutes ago
- The Wire
SIEW 2025 Registration Opens: Envisioning Energy Tomorrow, Building Systems Today
SINGAPORE, August 1, 2025 /PRNewswire/ -- Registration is now open for the 18th Singapore International Energy Week (SIEW), happening from 27 to 31 October in Singapore. Organised by the Energy Market Authority (EMA), SIEW 2025 will explore the theme "Envisioning Energy Tomorrow, Building Systems Today", highlighting the urgent need to develop secure, sustainable, and affordable energy systems for the future. 2. SIEW 2025 will bring together key industry leaders including: Governments and International Organisations • H.E. Dr Saleh Ali Hamed Al Kharabsheh, Minister of Energy and Mineral Resources, Hashemite Kingdom of Jordan • H.E. Eddy Soeparno, People's Consultative Assembly Vice Speaker, Republic of Indonesia • Clare McLaughlin, Australia's Governor to the International Energy Agency, and Head of Division, Energy Performance and Security, Australia • Dr Fatih Birol, Executive Director, International Energy Agency • Francesco La Camera, Director-General, International Renewable Energy Agency • Xin Bao'an, Chairman, Global Energy Interconnection Development and Cooperation Organisation • Dr Sama Bilbao y León, Director General, World Nuclear Association • Dato' Ir. Ts. Razib Dawood, Executive Director, ASEAN Centre for Energy Regulators and Utilities • Judy Chang, Commissioner, United States Federal Energy Regulatory Commission • Siti Safinah binti Salleh, Chief Executive Officer, Energy Commission, Malaysia • Mark McAllister, Chairman, Office of Gas and Electricity Markets, United Kingdom • Datuk Ir. Megat Jalaluddin bin Megat Hassan, Chief Executive Officer, Tenaga Nasional Berhad, Malaysia Industry • Andy Piepel, Vice President R&D, Electrical Markets Division, 3M • Dr Owen Chen, Chief Technology Officer & Vice President, Concord New Energy Group • Lim Wee Seng, Group Head of Sustainability, Energy, Renewables & Infrastructure, Project Finance and Strategic Advisory, Institutional Banking Group, DBS Bank • Dominic Genetti, Senior Vice President, Carbon Capture and Storage, ExxonMobil Low Carbon Solutions • Pablo Koziner, Chief Commercial & Operations Officer, GE Vernova • Peter Wong, Executive Director and Managing Director, Hong Kong and China Gas Company • Takao Tsukui, President and CEO, Mitsubishi Power • Leong Wei Hung, Chief Executive Officer, Singapore LNG Corporation • Thorbjörn Fors, Group Senior Vice President and Managing Director of Asia Pacific, Siemens Energy 3. Flagship events at SIEW 2025 include: I. SIEW Summit: Plenary sessions addressing energy resilience, the role of AI, grid integration, natural gas markets, and financing for infrastructure. II. Singapore-IEA Forum: Explores AI's role in smarter, more resilient energy systems and Asia's energy landscape. III. Fifth Singapore- IRENA High-Level Forum: Focuses on regional connectivity and renewable energy investments. IV. The Energy Insights, TechTable, and Thinktank Roundtables will spotlight innovations like small modular reactors, biomethane, and AI-powered low-carbon infrastructure. V. 25th Conference of the Electric Power Supply Industry (CEPSI): Hosted by SP Group, CEPSI will examine regional power sector collaboration and system modernisation across Asia Pacific. VI. SG60@SIEW Energy Showcase: Marks Singapore's 60-year energy journey, spotlighting policy innovations and technologies shaping its future to 2065. 4. Held alongside SIEW 2025, partner events will spotlight evolving energy solutions in Asia: I. Asia Clean Energy Summit: Clean energy innovations from the private sector II. Asia Gas Markets Conference: Role of gas, hydrogen and carbon capture in the energy mix III. Asian Downstream Summit (ADS) | Asian Refining Technology Conference (ARTC) | Ammonia & Carbon Capture Asia (ACCA): Low-carbon tech and digitalisation in industrial energy transformation 5. Register at to enjoy early bird rates and bundled discounts. About the Singapore International Energy Week SIEW is an official trademarked event by the EMA. It is an annual platform for energy professionals, policymakers and commentators to discuss and share best practices and solutions within the global energy space. Photo - (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI This is an auto-published feed from PTI with no editorial input from The Wire.
