Sterlite Technologies Ltd

Net Loss of Sterlite Technologies reported to Rs 40.00 crore in the quarter ended March 2025 as against net loss of Rs 82.00 crore during the previous quarter ended March 2024. Sales rose 24.79% to Rs 1052.00 crore in the quarter ended March 2025 as against Rs 843.00 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 123.00 crore in the year ended March 2025 as against net loss of Rs 51.00 crore during the previous year ended March 2024. Sales declined 2.13% to Rs 3996.00 crore in the year ended March 2025 as against Rs 4083.00 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1052.00843.00 25 3996.004083.00 -2 OPM %11.883.68 -10.4111.61 - PBDT81.00-27.00 LP 211.00238.00 -11 PBT2.00-108.00 LP -105.00-76.00 -38 NP-40.00-82.00 51 -123.00-51.00 -141 Powered by Capital Market - Live

The Board of Sterlite Technologies at its meeting held on 16 May 2025 has not recommended any dividend for the financial year ended 31 March 2025. Powered by Capital Market - Live

The Board of Sterlite Technologies at the meeting held on 16th May 2025, has not recommended any dividend for the financial year ended March 31, 2025.Powered by Capital Market - Live

Sterlite Technologies will hold a meeting of the Board of Directors of the Company on 16 May 2025.Powered by Capital Market - Live

SBI Life Insurance Company Ltd, Mphasis Ltd, Navin Fluorine International Ltd and Persistent Systems Ltd are among the other gainers in the BSE's 'A' group today, 25 April 2025.Sterlite Technologies Ltd soared 4.23% to Rs 67.8 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 1.13 lakh shares were traded on the counter so far as against the average daily volumes of 1.73 lakh shares in the past one month. SBI Life Insurance Company Ltd surged 3.75% to Rs 1669.15. The stock was the second biggest gainer in 'A' group. On the BSE, 3.28 lakh shares were traded on the counter so far as against the average daily volumes of 14793 shares in the past one month. Mphasis Ltd spiked 3.50% to Rs 2553. The stock was the third biggest gainer in 'A' group. On the BSE, 39532 shares were traded on the counter so far as against the average daily volumes of 12776 shares in the past one month. Navin Fluorine International Ltd spurt 2.32% to Rs 4450. The stock was the fourth biggest gainer in 'A' group. On the BSE, 28750 shares were traded on the counter so far as against the average daily volumes of 5110 shares in the past one month. Persistent Systems Ltd jumped 1.68% to Rs 5244.15. The stock was the fifth biggest gainer in 'A' group. On the BSE, 50039 shares were traded on the counter so far as against the average daily volumes of 36186 shares in the past one month. Powered by Capital Market - Live

Under this partnership, STL will supply Swoop Infrastructure with optical networking and connectivity solutions, further strengthening digital infrastructure in the region. The collaboration builds on Swoop's acquisition of conduit and fibre assets in Seacrest Estate near Geraldton, Western Australia. It marks a significant step in Swoop's commitment to expanding its fibre broadband network. STL has a strong track record of enabling network operators to deploy and scale fibre networks with sustainable, high-performance optical solutions. Through this partnership, STL will support Swoop's network upgrade with robust Layer-1 optical solutions tailored for brownfield deployments. Rahul Puri, CEO of Optical Networking Business at STL, said: 'We are thrilled to be working with Swoop, one of Australia's leading challenger telecom brands, to bring ultra-fast broadband to regional communities. With our comprehensive portfolio of advanced optical solutions, we are enabling Swoop to build a high performance, reliable network that delivers next-generation connectivity.' Sterlite Technologies is a leading global optical and digital solutions company providing advanced offerings to build 5G, rural, FTTx, enterprise, and data center networks. The company reported a consolidated net loss of Rs 24 crore in Q3 FY25 as against a net loss of Rs 14 crore posted in Q2 FY25. Revenue from operations declined 10.76% quarter on quarter (QoQ) to Rs 1,261 crore in the third quarter of FY25. The scrip fell 2.05% to currently trade at Rs 74.69 on the BSE. Powered by Capital Market - Live

Sterlite Technologies (STL) has partnered with Swoop Holdings to upgrade ~1,000 homes in Western Australia with high-speed Fibre-to-the Home (FTTH) connectivity. Under this partnership, STL will supply Swoop Infrastructure with state-of-the-art optical networking and connectivity solutions, further strengthening digital infrastructure in the region. The collaboration builds on Swoop's acquisition of conduit and fibre assets in Seacrest Estate near Geraldton, Western Australia. It marks a significant step in Swoop's commitment to expanding its fibre broadband network. This project is led by Swoop's Head of Infrastructure, Anthony Camilleri, as part of the company's broader Fibre Broadband strategy for both retail and wholesale services. STL has a strong track record of enabling network operators to deploy and scale fibre networks with sustainable, high-performance optical solutions. Manufactured at STL's Zero Waste to Landfill certified facilities, these solutions set new industry standards for durability and environmental responsibility. Powered by Capital Market - Live

Sterlite Technologies has completed the demerger of its Global Services Business. The services business will transition from Sterlite Technologies (STL) to STL Networks under the brand name Invenia.' This milestone marks the culmination of a strategic initiative to create two specialised, future-ready organisations poised for accelerated growth. STL's demerged entity (now STL Networks) has delivered substantial value to its customers over the past decade. With its capability to build large-scale, IT infrastructure-led digital ecosystems, the business has been making significant strides in India and the UK. It has played a pivotal role in India's digital growth story, blending the spirit of nation-building and digital infrastructure creation. Over 1.35 lakh km of Optical Fibre network have been deployed nationwide in 23 states, positioning STL Networks as a trusted partner for delivering critical connectivity solutions. This demerger is aligned with the long-term strategy of creating two highly specialised entities. This demerger will enable STL and STL Networks'to grow independently with enhanced agility and sharper focus on their respective customer segments, creating strong, distinct platforms for future growth. This will also bring more value to investors and strategic partners with a specific interest in the services business. Both businesses will have dedicated leadership teams with proven track records, ensuring a smooth transition and continued success. Rahul Puri will lead as the CEO of Optical Networking Business at STL, and Pankaj Malik will be the CEO of STL Networks. Powered by Capital Market - Live

The order involves the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network for Bharatnet in the Jammu & Kashmir and Ladakh Telecom Circles. The total value of the project stood at Rs 2,631.14 crore, which includes Rs 1,620.50 crore for capital expenditure (Capex), Rs 972.30 crore for operational expenditure (Opex) for the newly constructed network and Rs 38.33 crore for Opex for the existing network. The project will be executed over a three-year period for construction, followed by a ten-year maintenance contract. The maintenance contract will have a rate of 5.5% per annum of Capex for the first five years and 6.5% per annum of Capex for the next five years. The company also clarified that the contract does not involve any related party transactions and confirmed that neither the promoter, promoter group, nor any group companies have any interest in the awarding entity. Sterlite Technologies is a leading global optical and digital solutions company providing advanced offerings to build 5G, rural, FTTx, enterprise, and data center networks. The company reported a consolidated net loss of Rs 24 crore in Q3 FY25 as against a net loss of Rs 14 crore posted in Q2 FY25. Revenue from operations declined 10.76% quarter on quarter (QoQ) to Rs 1,261 crore in the third quarter of FY25. Shares of Dilip Buildcon shed 0.10% to Rs 477.70 on the BSE. Powered by Capital Market - Live

Wyre's way of working is to team up with partners to deploy fibre across Flanders and Brussels in Belgium, all while staying conscious of their impact. This approach helps streamline the fibre roll-out and reduce disruptions caused by construction. To make this happen, Wyre looked for a design and manufacturing partner that could deliver practical, effective solutions aligned with their commitment to collaboration and thoughtful progress. Recognizing Wyre's requirements, STL stepped in with its agile design thinking approach and manufacturing capabilities. Wyre needed a compact, connectorized, and highly flexible connectivity solution tailored to its specific needs. STL's team worked closely with Wyre to co-develop a bespoke solution that aligned perfectly with Wyre's needs. In this partnership, STL, with its design innovation, will supply high-performance optical cables with high-fibre count and loose-tube designs, its signature OptoBlaze and OptoBolt products, and advanced solutions like 288F Closures. To make efficient and timely deliveries to Wyre, STL has partnered with Wirewave, a distributor of high-quality fibre-optic cables and infrastructure. Philip Cauwel, Head of Technology and Strategy at Wyre, said, At Wyre, we focus on working with partners who share our commitment to practical, impactful solutions. STL's expertise and collaborative approach are important in helping us deploy fiber across Flanders and Brussels efficiently while keeping our impact on communities and the environment in mind. This partnership is a great step in bringing high-speed connectivity to more people. Kurt Pleysier, CEO of Wirewave, said, 'We are proud to be a trusted partner for STL, ensuring seamless and timely deliveries to Wyre for their ambitious network deployment goals. Together with STL, we are committed to supporting Wyre's mission of delivering high-speed connectivity across Flanders.' Commenting on this partnership, Rahul Puri, CEO of STL's Optical Networking Business, said, For us, our customers are at the heart of everything we do. We are confident that our co-creation and co-innovation with Wyre will continue to thrive in the years ahead. By joining forces, we're able to deliver high-performance, future-ready networks that meet the ever-evolving demands of a digital-first world. Sterlite Technologies is a leading global optical and digital solutions company providing advanced offerings to build 5G, rural, FTTx, enterprise, and data centre networks. The company reported a consolidated net loss of Rs 24 crore in Q3 FY25 as against a net loss of Rs 14 crore posted in Q2 FY25. Revenue from operations declined 10.76% quarter on quarter (QoQ) to Rs 1,261 crore in the third quarter of FY25.Powered by Capital Market - Live