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Sterlite Technologies announced the receipt of a multi year Product Award Letter (PAL) valued at more than $1Bn. Under this agreement, through one of its subsidiaries, STL will supply optical connectivity products to a hyperscaler for AI Data Centre build-outs.

The board of Sterlite Technologies at its meeting held on 29 April 2026 has approved raising of funds up to Rs 2,000 crore by way of issue of equity shares / equity linked instruments.

The Board of Sterlite Technologies at the meeting held on 29th April 2026 has not recommended any dividend for the financial year ended 31 March 2026.

Net profit of Sterlite Technologies reported to Rs 59.00 crore in the quarter ended March 2026 as against net loss of Rs 40.00 crore during the previous quarter ended March 2025. Sales rose 36.98% to Rs 1441.00 crore in the quarter ended March 2026 as against Rs 1052.00 crore during the previous quarter ended March 2025.For the full year,net profit reported to Rs 56.00 crore in the year ended March 2026 as against net loss of Rs 123.00 crore during the previous year ended March 2025. Sales rose 18.74% to Rs 4745.00 crore in the year ended March 2026 as against Rs 3996.00 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1441.001052.00 37 4745.003996.00 19 OPM %13.5311.88 -11.9910.41 - PBDT155.0081.00 91 404.00211.00 91 PBT78.002.00 3800 91.00-105.00 LP NP59.00-40.00 LP 56.00-123.00 LP Powered by Capital Market - Live News

Sterlite Technologies will hold a meeting of the Board of Directors of the Company on 29 April 2026.