Sterlite Technologies Limited — Board Meeting, 16-05-2025: Outcome of Board Meeting
16-05-2025 | 03:16 pm
16-05-2025 | 03:16 pm
Sterlite Technologies has announced a board meeting on the audited consolidated financial results for FY25, reporting revenue of INR 3,996 Cr and EBITDA of INR 452 Cr (11.3% margin), with a slight YoY dip. Q4 EBITDA jumped 31% QoQ to INR 146 Cr, the highest in six quarters. Optical Networking led growth with a 26% revenue rise and doubled EBITDA YoY in Q4, fueled by enterprise and data center demand. STL Digital stayed EBITDA positive for two quarters, backed by a strong order book. Global Services was demerged into STL Networks, which will list soon. Net debt/Equity improved to 0.68x post-QIP and demerger. Focus remains on market share, AI-enabled data center solutions, and profitable growth.
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