Sterlite Technologies Limited — Board Meeting, 30-10-2024: Outcome of Board Meeting

Sterlite Technologies Limited reported robust Q2 FY25 revenues of INR 1,413 crore, marking a 16% QoQ increase, with EBITDA rising 63% to INR 151 crore. The company emphasized customer-centricity and innovation, securing significant orders including its first BEAD project in the US. STL continues to focus on AI and data center technologies, aiming for long-term sustainable growth. Additionally, progress on the demerger of its Global Services business is on track, targeting completion by Q3 FY25.