Sterlite Technologies announced that its Board of Directors approved the audited financial results for FY26 at a meeting held on April 29, 2026. The company reported revenue of INR 4,745 crore for FY26, representing 18.8% year-on-year growth, with Q4 FY26 revenue of INR 1,441 crore showing 14.7% quarter-on-quarter growth.

Board Meeting Outcomes

The Board meeting, which commenced at 9:30 AM and concluded in the afternoon, approved several key items including the audited standalone and consolidated financial results for Q4 and FY26. The statutory auditors, M/s. Price Waterhouse Chartered Accountants LLP, issued an unmodified audit opinion on the financial results.

Financial Performance Highlights

The company achieved EBITDA of INR 628 crore for FY26 with margins of 13.2%, marking the sixth consecutive quarter of sequential margin improvement. Q4 FY26 EBITDA stood at INR 218 crore with margins of 15.1%, driven by higher utilization and improved product mix.

Strategic Growth Drivers

The year was characterized by a transformative 110% surge in order intake over FY25, indicating strong revenue visibility. The open order book at the end of FY26 stands at INR 7,309 crore, supported by large-scale data-centre and telecom projects across key markets including North America, Europe, and India. The AI Data Centre business emerged as a key growth engine during the year.

Fund Raising Authorization

The Board authorized raising funds through various instruments including equity shares, equity-linked instruments, convertible securities, non-convertible securities, or combinations thereof. The fund raising may be executed through private placement, qualified institutional placements, further public issues, preferential allotments, rights issues, or any combination of these methods.

Innovation and Market Position

During FY26, the company established partnerships with global customers including Colt, Netomnia, Mynet, SLICFiber, and Swoop. Key innovations included the launch of Neuralis for AI-Data Centres, India's first Hollow Core Fibre cable, and expansion of the IBR portfolio in the U.S. The company's total patent count stands at 780+.

Sterlite Technologies has demonstrated exceptional business performance with significant developments in order book positioning, debt reduction targets, and international trade benefits. The telecommunications infrastructure company continues to show strong operational execution and strategic financial planning.

Order Book Performance

The company has reported substantial order book growth with detailed quarterly breakdowns showing strong revenue visibility across different time horizons.

The substantial increase in order intake demonstrates the company's strong market position and ability to secure significant contracts in the telecommunications infrastructure sector.

Debt Reduction Strategy

Sterlite Technologies has outlined clear financial targets aimed at improving its debt profile and enhancing financial flexibility.

This debt reduction initiative reflects the company's commitment to maintaining a healthy balance sheet while supporting growth opportunities.

International Trade Benefits

The company has benefited significantly from favorable changes in US trade policies, resulting in improved margin prospects for its international operations.

These tariff reductions, resulting from the US-India trade agreement, provide substantial competitive advantages and margin improvements for the company's US operations.

Capital Raising Plans

The company maintains its strategic fundraising initiative to support business expansion and operational requirements.

The combination of strong order book growth, debt reduction targets, favorable trade conditions, and planned capital infusion positions Sterlite Technologies favorably for sustained business expansion and improved financial metrics.