Sterlite Technologies Limited — Board Meeting, 25-07-2025: Outcome of Board Meeting
25-07-2025 | 03:30 pm
25-07-2025 | 03:30 pm
Sterlite Technologies Board has approved the financial results for the quarter ended June 30, 2025. Consolidated revenue surged 17% YoY to ₹1,019 Cr, with EBITDA jumping 94% to ₹140 Cr, and PAT turning positive at ₹10 Cr. The company secured new orders worth ₹1,529 Cr, boosting its open order book to ₹4,888 Cr. Key wins include a multi-year deal with a European telco and significant North American orders. STL is innovating with AI-led Data Centre solutions and Multi-Core Fibre. The Global Services demerger is complete, with listing expected in August 2025. A US subsidiary faces a $96.5 million jury verdict from a litigation, but is pursuing an appeal.
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