Sterlite Technologies Limited has informed the Exchange regarding Board meeting held on May 16, 2025.
STLTECH · price
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Sterlite Technologies reported its Q4 FY25 and full-year FY25 audited results on May 16, 2025. Q4 FY25 revenue grew 25% YoY to INR 1,052 Cr with EBITDA of INR 146 Cr (13.9% margin) — the highest in six quarters. Full-year FY25 revenue stood at INR 3,996 Cr with EBITDA of INR 452 Cr, while the company posted a net loss of INR 123 Cr for the year (narrowing from prior year on a quarterly basis). The Optical Networking business delivered 26% YoY revenue growth in Q4, and STL Digital turned EBITDA-positive for a second straight quarter. The Board has not recommended any dividend for FY25. The company completed the demerger of its Global Services business (now 'Invenia' under STL Networks), which is expected to list in June–July 2025. Net debt-to-equity improved sharply to 0.68x from 1.39x after the demerger and a QIP raise of ~INR 1,000 Cr.
The strong sequential EBITDA recovery and margin expansion signal improving operational health, but the full-year net loss and absence of a dividend may temper near-term shareholder returns. Demerger completion and debt reduction are positive for the balance sheet, though promoter holding has diluted from 54% to 44% post-QIP.