Sterlite Technologies Limited (STL), a leading optical and digital solutions company, has reported a robust performance for the first quarter of FY26, marking significant growth in revenue and profitability.

Financial Highlights

Operational Performance

STL's Optical Networking Business demonstrated strong growth, with revenue increasing by 18.60% and EBITDA growing by 55.70% compared to the same quarter last year.

The company's Digital business also showed positive momentum, adding four new customers in Q1, bringing the total global customer count to 30. STL Digital secured multi-million contracts with leading private healthcare providers in the Middle East for Digital Marketing and MarTech services.

Innovation and Product Development

STL launched India's first Multi-Core Fiber technology, becoming the first company globally to deploy Multi-Core Fiber (MCF) in both aerial and underground networks. The company also expanded its AI-led Data Centre portfolio to cater to the rising demand, offering high-performance fiber and copper cabling solutions for scalable, future-ready deployments.

Key Leadership Appointments

STL announced several key leadership appointments, all effective July 25, 2025:

• Ajay Jhanjhari as permanent Chief Financial Officer (CFO)
• Naveen Bolalingappa as permanent CEO for Digital Business Unit
• Saumya Mondal as Interim Chief Human Resource Officer

Ankit Agarwal, Managing Director of STL, commented on the results: "With our trusted global partnerships and continuous product innovation, we are well-positioned for long-term success. The recent expansion of our AI-led Data Centre portfolio and industry-first innovations like multi-core fiber are addressing the growing global demand for high-speed, secure, and scalable connectivity."

With its strong financial performance, technological innovations, and strategic leadership appointments, Sterlite Technologies Limited appears well-positioned to capitalize on the growing demand for optical and digital solutions in the global market.

Sterlite Technologies Limited (STL), a global leader in optical and digital solutions, has made a groundbreaking advancement in sustainable manufacturing by introducing green hydrogen in its optical fiber production process. This innovative move positions STL at the forefront of environmentally friendly practices in the optical fiber industry.

Green Hydrogen Collaboration

STL has partnered with Hygenco to establish Maharashtra's first green hydrogen and green oxygen production facility for optical fiber manufacturing. The project, located in Chhatrapati Sambhaji Nagar, Maharashtra, will supply green hydrogen and oxygen to STL's glass preform facility.

Industry-First Achievement

With this initiative, STL is set to become one of the world's first optical fiber manufacturers to utilize 100% green hydrogen in its production processes. This significant step aligns with the company's ambitious goal of achieving Net Zero emissions by 2030.

Long-term Commitment

Hygenco will build, own, and operate the facility, ensuring a reliable and commercially viable supply for the next 20 years. This long-term engagement demonstrates STL's commitment to sustainable manufacturing practices.

Environmental Impact

By leveraging green hydrogen for its glass preform manufacturing, STL aims to reduce its carbon emissions by approximately 30.00% annually. This substantial reduction showcases the company's dedication to minimizing its environmental footprint.

Advanced Manufacturing Facility

STL's semiconductor-grade Glass Preform manufacturing facility in Chhatrapati Sambhaji Nagar is an Industry 4.0-enabled plant. The facility now incorporates advanced autonomous energy management systems, real-time monitoring, and automated control technologies, enhancing both safety and operational efficiency.

Leadership Perspective

Rahul Puri, CEO of STL's Optical Networking Business, commented on the milestone: "By leveraging 100% green hydrogen for its glass preform manufacturing, STL is setting a new global benchmark for decarbonization in the optical fiber industry. Our collaboration with Hygenco exemplifies our commitment towards sustainability and operational excellence."

Amit Bansal, CEO of Hygenco Green Energies Pvt. Ltd., added: "Green Hydrogen has the potential to be a game-changer in India's journey towards sustainability. Our long-term engagement with STL represents a bold step forward in decarbonising industrial processes."

Future Outlook

This initiative not only positions STL as a leader in sustainable optical fiber manufacturing but also sets a new standard for the industry. As the demand for optical fiber continues to grow in the era of 5G and advanced connectivity, STL's commitment to green manufacturing practices could pave the way for a more environmentally conscious telecommunications infrastructure sector.

STL's innovative approach to integrating green hydrogen into its manufacturing process demonstrates the company's dedication to combining technological advancement with environmental stewardship, potentially influencing the broader optical fiber industry towards more sustainable practices.