Sterlite Technologies Limited — Investor Meet, 18-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Sterlite Technologies reported Q2 FY26 revenue of Rs. 1,034 crore and EBITDA of Rs. 141 crore (13.6% margin). The financial results for the half-year saw PAT turn positive to Rs. 14 crore. Operational EBITDA improved sequentially despite a 300 basis point impact from US tariffs. The open order book grew to Rs. 5,188 crore, fueled by Q2 order intake of Rs. 1,340 crore (2x YoY). Management sees a multi-year super-cycle driven by FTTH, data centers, and 5G, particularly robust in the US. Innovations like Multiverse fiber and the slimmest IBR cable are key. The company aims for +80% capacity utilization and 20% EBITDA margins, expressing confidence in long-term growth despite tariff headwinds.