STL Networks Limited has filed its audited standalone and consolidated annual financial results for the year ended March 31, 2026, in compliance with Regulation 33 and Regulation 52 read with Regulation 63(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The audit was conducted by Price Waterhouse Chartered Accountants LLP (Firm Registration Number: 012754N/N500016), which issued unmodified opinions on both the standalone and consolidated financial results. The reports were signed by Partner Sachin Parekh (Membership Number: 107038) in Mumbai on May 07, 2026.

Q4 Financial Performance

STL Networks reported a mixed set of quarterly results, with revenue and operating profitability improving year-on-year even as the net loss widened significantly. The key Q4 metrics are summarised below:

While revenue grew and EBITDA improved both in absolute terms and as a margin, the consolidated net loss for Q4 widened to ₹469M from ₹210M in the corresponding period of the previous year.

Standalone Financial Results

The standalone audit covers the financial results of STL Networks for the year ended March 31, 2026, including the standalone Balance Sheet and the standalone statement of cash flows as at and for that date. Price Waterhouse Chartered Accountants LLP confirmed that the standalone financial results give a true and fair view of the net loss and other comprehensive income of the Company, in conformity with Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013. The auditors noted that the results for the quarter ended March 31, 2026 represent balancing figures between the audited full-year figures and the published unaudited year-to-date figures up to the third quarter, which were subject to limited review.

Consolidated Financial Results and Group Structure

The consolidated financial results cover STL Networks as the Holding Company, along with its subsidiaries and jointly controlled entity, for the year ended March 31, 2026. The entities included in the consolidated results are detailed below:

Price Waterhouse Chartered Accountants LLP confirmed that the consolidated financial results give a true and fair view of the net loss and other comprehensive loss of the Group and its jointly controlled entity for the year ended March 31, 2026.

Subsidiary Financials Audited by Other Auditors

Three subsidiaries included in the consolidated financial results were audited by other auditors. The key financial data for these subsidiaries, as considered in the consolidated results, is summarised below:

The jointly controlled entity reported a Group share of net loss after tax and total comprehensive loss of INR Nil for the year ended March 31, 2026. The auditors noted that the financial information of this jointly controlled entity is unaudited and is not material to the Group.

Non-Convertible Securities and Fund Utilisation

STL Networks also disclosed details pertaining to funds raised through non-convertible securities via private placement. The key details are as follows:

The company confirmed there was no deviation in the utilisation of funds raised, with the entire INR 100 crores deployed as per the stated objective.

Security Cover Statement and Auditor Reappointment

Price Waterhouse Chartered Accountants LLP also issued a report on the book values of assets included in the Statement of Security Cover as at March 31, 2026, in accordance with SEBI Circular SEBI/HO/DDHS-PoD3/P/CIR/2024/46 dated May 16, 2024. The report, signed by Partner Disha Maheshwari (Membership Number: 110159) in Pune on May 07, 2026, confirmed that the book values of the specified assets are in agreement with the underlying audited books of account and relevant records of the Company. The security cover relates to secured, listed, rated, non-cumulative, non-convertible, redeemable debentures with Axis Trustee Services Limited as the Debenture Trustee, under Debenture Trust Deeds dated December 02, 2025 and January 28, 2026. Additionally, STL Networks disclosed the re-appointment of KPMG Assurance and Consulting Services LLP as auditor with effect from April 1, 2026, for financial year 2026-27.

STL Networks Limited has notified the stock exchanges that a meeting of its Board of Directors will be held on Thursday, May 7, 2026. The primary agenda of the meeting is to consider and approve the audited financial results of the company for the quarter and financial year ended March 31, 2026. The announcement was made in compliance with Regulation 29, 33, 50, 52, and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Meeting Details

The board meeting will review both standalone and consolidated financial results for the specified period. The intimation was addressed to the Listing Departments of both BSE Limited and National Stock Exchange of India Limited, with the company trading under the scrip symbol STLNETWORK and scrip codes 544395, 977344, and 977517.

Corporate Information

The notification was issued by Meenal Bansal, Company Secretary and Compliance Officer of STL Networks Limited, with membership number ACS 35091. The company's corporate office is located at Capital Cyberscape, 15th and 16th Floor, Sector 59, Gurugram, Haryana 122102, while its registered office is situated at 4th Floor, Godrej Millennium, Koregaon Park Road 9, STS 12/1, Pune, Maharashtra 411001. The company's Corporate Identification Number (CIN) is L72900PN2021PLC199875.

Stock Exchange Details