Sterlite Technologies Limited has filed its Annual Report for FY 2025-26 with the stock exchanges and has issued the Notice of its 27th Annual General Meeting (AGM), scheduled to be held on Wednesday, August 19, 2026 at 9:30 a.m. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The filing was made on July 24, 2026, in compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

FY26 Financial Performance at a Glance

FY26 marked a strong recovery for the company, with revenue growth, improving margins, and a return to profitability on a consolidated basis. The following table summarises the key consolidated financial metrics:

On a standalone basis, FY26 closed with revenues of ₹2,446 crore, EBITDA of ₹332 crore, net profit of ₹2 crore, and EBITDA margins of 14%.

Segment-Wise Performance

The company operates through two primary business segments — Optical Networking Business (ONB) and STL Digital.

ONB's EBITDA of ₹606 crore represented a 31% increase over the previous year, driven by higher sales and a favourable regional mix. STL Digital achieved full-year EBITDA positivity in FY26, welcoming 9 new logos and expanding its global footprint to 35 partners.

Balance Sheet and Capital Structure

The company's balance sheet showed meaningful improvement in FY26. The following table presents the key balance sheet metrics:

The net debt decreased from ₹1,350 crore as on March 31, 2025 to ₹1,128 crore as on March 31, 2026, due to positive cash generation from operations. Total cash and bank balance, including current investments, stood at ₹699 crore (including earmarked investments of ₹372 crore) at the end of FY26. ROCE improved to 9.4% compared to 3.3% in the previous year.

Finance costs decreased from ₹241 crore in FY25 to ₹224 crore in FY26, primarily due to reduction in debt. Depreciation and amortisation expenses remained broadly stable at ₹313 crore versus ₹316 crore in FY25.

Dividend and Share Capital

The Board of Directors has not recommended a dividend for FY26, citing inadequacy of profits. The paid-up equity share capital as on March 31, 2026 stood at ₹97.6 crore. During the year, the company allotted 4,53,00,000 convertible warrants to Twin Star Overseas Limited (promoter) at a price of ₹110 per warrant, each convertible into one fully paid-up equity share of face value ₹2. The company received a warrant subscription amount of ₹1,24,57,50,000, representing 25% of the Warrants Issue Price.

Key Operational Highlights and Product Innovation

FY26 was characterised by significant product launches and geographic expansion:

• Neuralis — a purpose-built connectivity suite for AI data centres — was launched and subsequently expanded to North America.
• India's first Hollow Core Fibre (HCF) cable was introduced, achieving approximately 46% faster transmission and near-zero latency through an air-core architecture.
• The Intelligently Bonded Ribbon (IBR) cable portfolio was expanded with 1728F and DC-specific higher fibre count variants of 3456F and 6912F.
• The company's Lugoff Manufacturing facility in South Carolina positioned it as a primary partner for US regional broadband and Data Center expansion.
• STL shipped its first Hyperscale High Fibre Count 6912 Indoor/Outdoor cable in FY26.
• Research and development expenditure for the year stood at ₹42 crore.
• Foreign Exchange Actual Inflow: ₹2,114.55 crore; Foreign Exchange Actual Outflow: ₹937.02 crore.

27th AGM Details

The key items of business at the 27th AGM include:

Special business at the AGM includes the re-appointment of Mr. Ankit Agarwal as Managing Director for a period of five consecutive years with effect from October 8, 2026 to October 7, 2031, approval of his remuneration for FY2025-26 as minimum remuneration, approval of commission to Independent Non-executive Directors for FY2025-26, and ratification of the remuneration of the Cost Auditor at ₹1,50,000 (excluding applicable taxes and reimbursement of actual travel and out-of-pocket expenses) for FY 2026-27. Mr. Venkatesh Murthy (DIN: 08567907), Whole-time Director, retires by rotation and offers himself for re-appointment.

The Annual Report, Business Responsibility and Sustainability Report for FY 2025-26, and the Notice of the 27th AGM have been uploaded on the company's website at https://www.stl.tech/ and on the website of KFin Technologies Limited at https://evoting.kfintech.com .

Sterlite Technologies Limited has made the audio recording of its Q1 FY27 earnings call available to investors and analysts. The earnings call, which discussed the company's financial results for the quarter ended June 30, 2026, was held on July 24, 2026. This update follows the company's earlier notification regarding the scheduled investor interaction.

The recording is hosted on the company's official website under the 'Financial Results – Quarter 1 - Investor Earnings Call Recording' tab. Investors can access the file at https://stl.tech/download/ . The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Earnings Call Overview

The session provided management with a platform to review the company's performance during the first quarter of fiscal year 2026-27 (Q1 FY27). Key executives participated in the discussion to address queries from stakeholders.

Management Participation

The leadership team representing Sterlite Technologies during the call included:

• Ankit Agarwal, Managing Director
• Ajay Jhanjhari, CFO

Access Details

Previously, participants could join the live webinar via registration or use universal dial-in numbers for audio access. International toll-free lines were available for Singapore, Hong Kong, the UK, and the USA. While live attendees using the Zoom app could ask questions, dial-in users were in listen-only mode. The financial results were released on the corporate website prior to the call.

Regulatory Compliance

The company informed the National Stock Exchange of India Limited and BSE Limited about the availability of the recording via a letter dated July 25, 2026. Mrunal Asawadekar, Company Secretary & Compliance Officer, signed the disclosure document.