STL Q1 FY27 Record Revenue ₹1910 Cr, PAT ₹197 Cr

Revenue: ₹1,910 Cr in Q1 FY27 vs ₹1,019 Cr in Q1 FY26 (87% YoY growth) and ₹1,441 Cr in Q4 FY26
EBITDA: ₹397 Cr in Q1 FY27 vs ₹140 Cr in Q1 FY26 (184% YoY growth) and ₹218 Cr in Q4 FY26
EBITDA Margin: 20.8% in Q1 FY27 vs 13.7% in Q1 FY26 and 15.1% in Q4 FY26
PAT: ₹197 Cr in Q1 FY27 vs ₹10 Cr in Q1 FY26 and ₹59 Cr in Q4 FY26
EPS (Basic): ₹4.03 in Q1 FY27 vs ₹0.20 in Q1 FY26 and ₹1.21 in Q4 FY26

Optical Networking Business: Revenue ₹1,842 Cr in Q1 FY27 vs ₹961 Cr in Q1 FY26; EBITDA ₹401 Cr
Digital and Technology Solutions: Revenue ₹72 Cr in Q1 FY27 vs ₹64 Cr in Q1 FY26; EBITDA ₹2 Cr

Record Order Book: ₹18,618 Cr as of June 30, 2026
Net Debt-Free: Achieved net cash balance of ₹483 Cr (includes restricted cash of ~₹391 Cr for a legal matter)
Credit Rating Upgrades:
CRISIL revised outlook to 'Stable' while reaffirming AA- (Long-Term) and A1+ (Short-Term) ratings
ICRA upgraded long-term rating to [ICRA]AA (Stable) and reaffirmed short-term rating at [ICRA]A1+

Secured multi-year contract worth US$1.11 billion (₹10,000+ Cr) to supply optical connectivity products for AI data centers
Secured multiple hyperscaler orders worth $100 Mn+ for Neuralis portfolio
Secured strategic order to supply long-haul, dark-fibre High Density Micro-cables

Neuralis: AI-data center connectivity suite for GPU-intensive workloads
CONCAT: Pre-connectorized plug-and-play FTTH solution reducing installation costs
US Conec-certified MMC Pre-Terminated: Solutions delivering 3X cabling density for 800G+ AI data centers
Patent Portfolio: 785+ patents filed and granted; 9 new patents filed in Q1 FY27
European Patent Dispute: Decisive win reinforcing IP portfolio strength in UK and European markets

ESOP Allotment: 35,097 equity shares of ₹2 each allotted during the quarter upon exercise of Employee Stock Options
Post-ESOP Capital: Paid-up equity share capital stands at ₹98 Cr divided into 488,167,635 equity shares of ₹2 each
QIP Issuance: Subsequent to quarter end, allotted 25,728,500 equity shares of ₹2 each at ₹583.01 per share aggregating to ₹1,500 Cr
Promoter Holding Change: Reduced from 44.44% (March 31, 2026) to 42.29% post-QIP
QIP Proceeds Utilization: For repayment of borrowings and general corporate purposes

Prysmian Lawsuit: Sterlite Technologies Inc. (USA subsidiary) involved in litigation with Prysmian Cables and Systems USA, LLC
Verdict: Jury verdict against STI for $96.5 million + fees and costs totaling $101.25 million (August 9, 2024)
Appeal: STI has filed appeal with United States Court of Appeals for the Fourth Circuit and deposited bond of $41.53 million
Financial Impact: Ultimate financial implications cannot be ascertained at this stage
STL Status: STL is not a party to this dispute and no claims are made against it

Secured NCDs: 2,900 Secured, Redeemable, Non-Convertible Debentures of face value ₹290 Cr outstanding
Interest Rate: 8.50% per annum
Maturity: March 24, 2027 (Principal repayment date)

1. Press Release on Unaudited Financial Results

2. Investors Presentation

3. Unaudited Consolidated and Standalone Financial Results

4. Limited Review Report

5. Integrated Financial Results disclosure pursuant to SEBI Master Circular

6. Utilization of proceeds from Preferential Issue of Warrants (Annexure II)

7. Utilization of proceeds from Non-Convertible Debentures with Nil deviation

8. Security cover details and auditors' certificate pursuant to Regulation 54(3)

Solar Power: 4.5 MWp solar installed
Water Replenishment: 2.69 million m³ water replenished across 53 villages
Afforestation: 4+ lakh saplings planted
Waste Management: 286,200+ MT waste diverted from landfills (FY19-Q1FY27)
Social Impact: 9,20,000+ lives benefitted through ed-tech & women empowerment programs

Security cover ratio computed as per SEBI Master Circular SEBI/HO/DDHS-PoD-1/P/CIR/2025/117
Book value of assets considered as market value not applicable per debenture trust deed
Cash & Cash Equivalents include ₹1,500 Cr raised through QIP