STL reported Q1 FY26 results with revenue of ₹1,019 crore and EBITDA of ₹140 crore, reflecting a growth of ~17% YoY and ~94% YoY, respectively.
Order intake of INR 1,529 Cr in Q1 FY26 with a strong open order book of INR 4,888 Cr.
Optical Networking Business reported a 18.6% revenue growth and 55.7% EBITDA growth compared to Q1 FY25.
STL Digital acquired 4 new customers in Q1, bringing the total to 30 global customers and signed multi-million dollar contracts with healthcare providers and a global communications company.
Key wins include a 3-year Long-Term Supply Agreement (LTSA) for Intelligently Bonded Ribbon (IBR) cable with a European telecom operator and a significant order from a US customer for high fibre count OFC solutions.
STL became the first company globally to deploy Multi-Core Fiber (MCF) in both aerial and underground networks and achieved India’s first Quantum Key Distribution (QKD) transmission over a 100 km, 4-core MCF network in collaboration with C-DOT.
Achieved a milestone in sustainable manufacturing with Maharashtra’s first green hydrogen and green oxygen production facility for optical fibre, aiming for Net Zero by 2030.
Ankit Agarwal, Managing Director, STL, stated that the company is well-positioned for long-term success through global partnerships and product innovation, addressing the demand for high-speed, secure, and scalable connectivity.