Sterlite Technologies Limited (NSE: STLTECH) has reported a remarkable Q2 FY26 revenue of INR 1,034 crore, marking a 135% increase from the same period last year. The company's strong performance is further highlighted by an EBITDA of INR 141 crore. This growth has been fueled by a significant uptick in their order book, which reached INR 5,188 crore by the end of the quarter, showcasing the company's robust presence across North America, Europe, and Asia. The results were disclosed during a board meeting held on November 6, 2025, where the directors approved the unaudited financials for the quarter ending September 30, 2025.
A substantial portion of Sterlite's revenue comes from its Optical Networking Business (ONB), which achieved INR 980 crore in revenue and an EBITDA of INR 136 crore in Q2 FY26. The company has completed capacity expansions and has strategically positioned its operations closer to key markets, particularly in North America, which has resulted in increased traction and customer relevance. Additionally, Sterlite has expanded its digital footprint by adding three new clients, bringing the total to 33 global customers. Notably, the company secured a multimillion-dollar contract with a leading global information solutions provider for cloud-based connectivity.
Innovation remains at the core of Sterlite's strategy, as evidenced by several key developments, including partnerships to co-develop advanced optical solutions and the launch of new products aimed at enhancing AI-ready digital infrastructure. The company has also made strides in quantum communications through a collaboration with QNu Labs Pvt. Ltd. STL's leadership team has been fortified with experienced executives to drive growth in the U.S. and Europe, emphasizing the company's commitment to innovation and customer engagement. According to Ankit Agarwal, MD of STL, the company is poised for a new phase of global growth powered by innovation and partnerships, thereby unlocking numerous opportunities in the digital infrastructure landscape.