Sterlite Technologies Narrows Q3 Net Loss to ₹17 Crore; EBITDA Jumps 16%
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CNBC TV18•23-01-2026, 15:57
Sterlite Technologies Narrows Q3 Net Loss to ₹17 Crore; EBITDA Jumps 16%
- •Sterlite Technologies reported a net loss of ₹17 crore in Q3, an improvement from ₹24 crore loss last year.
- •EBITDA increased by 16.2% year-on-year to ₹129 crore, marking the fifth consecutive quarter of sequential operational EBITDA margin improvement.
- •The company's Optical Networking Business (ONB) recorded ₹1,174 crore revenue and ₹131 crore EBITDA in Q3 FY26.
- •STL Digital expanded its global footprint, acquiring new customers and securing a multimillion-dollar deal for SAP S/4 HANA implementation.
- •Sterlite Technologies is focused on building AI-ready digital infrastructure and leveraging opportunities from the US–India Bilateral Trade Agreement.
Why It Matters: Sterlite Technologies significantly reduced its Q3 net loss and boosted EBITDA, driven by strategic growth and market focus.
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