Sterlite Technologies Ltd (STL) is a digital solutions company. The company is engaged in designing and deployment of high-capacity converged fibre cable and wireless networks. The company also partners with telcos, cloud companies, citizen networks and large enterprises to design, build and manage software networks. Sterlite has a customer base in over 100 countries globally.
Business operations
Sterlite Optical Technologies Ltd was incorporated in 2000 as Sterlite Telecom Systems Ltd. It was formed after the demerger of the telecom business from Sterlite Industries (India). The company was then renamed Sterlite Optical Technologies Ltd.
Sterlite Technologies owns manufacturing facilities at Aurangabad and Pune in Maharashtra, Silvassa in Dadra & Nagar Haveli and Haridwar in Uttarakhand.
In FY-2005, the company launched three new products, designed for access and premise networks. The following year, the company rolled out a product range for access premise & fibre-to-the-home applications.
In 2006, the company acquired the power transmission line division from Sterlite Industries (India) Ltd.
The company introduced two new products — Sterlite DOF-LITE TM ITU-TG.655 D and E range optical products for access networks and Sterlite ADSL 2+ wireless and wireline modems for broadband applications in 2006-07.
In 2007, the company acquired a 58.70% holding in Sterlite Infrastructure Private Ltd. The same year, the company got its present name Sterlite Technologies Ltd.
During FY14, the company’s joint venture with Tongguang Group of China – Jiangsu Sterlite Tongguang Fiber Co Ltd (JSTFCL) – commenced commercial production and achieved 90% capacity utilisation. JSTFCL was formed to set up an optical fibre manufacturing facility in China.
Sterlite Technologies acquired a 100% stake in Elitecore Technologies Private Limited on September 29, 2015, followed by the merger of Elitecore with the company.
In FY16, Sterlite Tech partnered with I'M Here Tracking Solutions LLP which developed an online vehicle tracking solution based on GPS and GPRS to find the real-time location of dispatch vehicles.
As of December 2023, the company has 10 global facilities, 4 innovation centres and more than 650 patents in glass science, precision manufacturing and visualised network and more.
Sterlite Technologies Ltd's market capitalisation was ₹5,700 crore as of December 30, 2023. Sterlite Technologies Ltd's share price has slipped over 20% in the last three years.
Sterlite Technologies Financial Highlights
- Revenue: Sterlite Technologies reported revenue of ₹4,804.00 crore in FY26 vs ₹4,032.00 crore in FY25. It showed an increase of 19.15% on a yearly basis.
- Operating Profit: Sterlite Technologies reported an operating profit of ₹107.00 crore in FY26 vs ₹105.00 crore in FY25. It showed an increase of 201.90% on a year-on-year basis.
- Net Profit: Sterlite Technologies reported a net profit of ₹56.00 crore in FY26 vs ₹123.00 crore in FY25. It showed an increase of 145.53% on a yearly basis.
Sterlite Technologies Quarterly Result Highlights
- Sterlite Technologies reported revenue of ₹1,464.00 crore in Mar 2026, compared with ₹1,266.00 crore in Dec 2025, representing an increase of 15.64% on a quarter-on-quarter (QoQ) basis.
- Sterlite Technologies reported an operating profit of ₹109.00 crore in Mar 2026, compared with ₹21.00 crore in Dec 2025, representing an increase of 619.05% on a quarter-on-quarter (QoQ) basis.
- Sterlite Technologies reported a profit of ₹59.00 crore in Mar 2026, compared with ₹17.00 crore in Dec 2025, reflecting an increase of 447.06% on a QoQ basis.
- The earnings per share (EPS) of Sterlite Technologies stood at ₹2.54 during Mar 2026.
