STL Networks Limited has secured a substantial purchase order worth ₹206.49 crore from National Informatics Centre Services Incorporated for network equipment procurement. The company disclosed this significant business development to stock exchanges on February 10, 2026, in compliance with SEBI Regulation 30 requirements.

Order Details and Specifications

The purchase order pertains to "Procurement of network equipment through NKN" and represents a major contract win for the networking solutions provider. The order details reveal comprehensive project specifications and timeline commitments.

Project Timeline and Support Structure

The contract encompasses a structured implementation approach with clearly defined phases. The 12-week implementation duration indicates an accelerated deployment schedule for the network equipment installation. Following the implementation phase, STL Networks will provide comprehensive warranty coverage and Annual Maintenance Contract (AMC) services for a period of 5 years.

Regulatory Compliance and Transparency

The company has confirmed that this order does not involve any related party transactions and maintains arm's length commercial terms. STL Networks has verified that neither promoters nor group companies have any interest in the awarding entity, ensuring complete transparency in the business relationship.

Strategic Significance

This order represents a continuation of STL Networks' engagement with government sector clients, building on previous disclosures made on February 3, 2026. The National Knowledge Network (NKN) project involvement positions the company within India's digital infrastructure development initiatives, demonstrating its capability to handle large-scale government networking projects.

The disclosure has been made available on the company's website at www.inveniatech.com , ensuring stakeholder access to complete project information and maintaining regulatory compliance standards.

STL Networks Limited announced its financial results for the quarter ended December 31, 2025, presenting a mixed performance with revenue growth and improved EBITDA, though margins faced pressure. The company, operating in the Global Services Business segment, demonstrated resilience in its core operations while navigating new regulatory challenges.

Financial Performance Overview

The company's latest quarterly results showed notable revenue growth with EBITDA improvement, though profitability margins experienced some compression. Key performance metrics reflected both operational strength and regulatory compliance costs.

Consolidated Results Show Strong Growth

On a consolidated basis, STL Networks reported stronger performance with revenue from operations of ₹335.14 crores for Q3FY26, compared to ₹287.73 crores in Q3FY25, marking a robust 16.5% year-on-year growth. More significantly, the consolidated net loss narrowed substantially to ₹10.51 crores from a loss of ₹169.8 crores in the previous year quarter, demonstrating improved operational efficiency.

Exceptional Items Impact

A significant factor affecting the quarter's profitability was the statutory impact of new Labour Codes notified by the Government of India on November 21, 2025. The company recognized an exceptional item of ₹4.96 crores, comprising gratuity impact of ₹3.33 crores and long-term compensated absences of ₹1.63 crores, primarily arising from changes in wages definition under the consolidated labour laws.

Nine-Month Performance

For the nine months ended December 31, 2025, STL Networks reported standalone revenue of ₹670.57 crores compared to ₹901.77 crores in the corresponding period of the previous year. The company posted a net loss of ₹12.42 crores for the nine-month period against a profit of ₹30.77 crores in the previous year.

Fundraising Activities

During Q3FY26, STL Networks successfully raised ₹150 crores through the issuance of 15,000 Non-Convertible Debentures (NCDs) with a face value of ₹100,000 each. The NCDs carry a coupon rate of 10.25% per annum and are repayable in two equal installments on June 02, 2027, and September 02, 2027. Additionally, the company issued another ₹100 crores worth of NCDs on January 30, 2026, with a 10.35% coupon rate.

Business Operations

STL Networks operates exclusively in the Global Services Business segment, providing comprehensive solutions across fiber network services, system integration, IT infrastructure management, data center operations, Network Operations Center (NOC), and Security Operations Center (SOC). The company continues to focus on strengthening its market position in these specialized technology services while managing receivables of ₹434.50 crores related to disputed projects under arbitration.