Sterlite Technologies Limited
Sterlite Technologies Limited was established in July 2001 after the demerger of the telecom division of Sterlite Industries Ltd (SIL). In July 2006, STL acquired the transmission line business of SIL to foray into the power transmission cables business. STL has grown over the years to become the largest Optical Fiber and Optical Fiber Cables manufacturer in the country. The company also has sizeable presence in the…
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Sterlite Technologies clarified EPS data was missing from its XBRL financial results submission due to an oversight. EPS was correctly reported in prior disclosures. A revised filing has been submitted, confirming no impact on previously reported financial performance.
Sterlite Technologies Limited has reported its financial results for the quarter and nine months ended December 31, 2024. Consolidated revenue from operations stands at ₹3,892 crore, resulting in a net loss of ₹14 crore during the quarter. EBITDA was recorded at ₹151 crore. The company issued over 88 million equity...
For the quarter and half year ended September 30, 2024, Sterlite Technologies Limited has recorded consolidated revenue from operations of ₹1,413 crore, reflecting a year-over-year decline of approximately 5.4% from ₹1,494 crore in the same quarter last year. In contrast, the half-year revenue stood at ₹2,631 crore, down from ₹3,016...