Archive · 6 Nov 2025
Sterlite Tech Reports Q2 Profit Amid Revenue Dip, Order Book Surges
Imagine a company that makes phone cables and internet stuff.
In the last three months, they made money (Rs 4 crore) instead of losing money like they did last year.
Their important 'money-making-before-some-costs' number (EBITDA) also went up.
They also got a lot more future orders, so they have tons of work lined up, which is great!
However, the total amount of money they brought in from selling things went down a little bit compared to last year.
Because of this mix of good news (profit, more orders) and not-so-good news (less money earned overall), the company's stock price went down a bit.
Sterlite Technologies reported a profit of Rs 4 crore for Q2 FY26, compared to a loss of Rs 14 crore in the same period last year.
Revenue for the quarter declined by 4% year-on-year, amounting to Rs 1,034 crore.
EBITDA increased by 10.3% to Rs 129 crore, with the EBITDA margin improving to 12.5%.
The company's order book surged by 135% in the first half of FY26, reaching Rs 5,188 crore by the end of Q2.
Despite improved profits and a strong order book, Sterlite Tech shares fell over 6%.
- Who
- Sterlite Technologies
- What
- Reported Q2 profit of Rs 4 crore and a 135% surge in its order book, while revenue declined by 4% and its stock price fell by over 6%.
- When
- Q2 FY26 (September quarter)
- Where
- India
- Why
- The company's stock slipped despite improved profitability and a significantly larger order book, likely due to a year-on-year revenue decrease and general market conditions.
Stock Performance
Company Performance & Outlook
Financial Results and Market Reaction
Stock Performance
Sterlite Technologies shares slipped over 6% on Thursday, closing at Rs 114.60, despite the company reporting a profit of Rs 4 crore in Q2.
Company Performance & Outlook
The company reported a profit of Rs 4 crore in Q2, a significant turnaround from a loss of Rs 14 crore in the same quarter last year. EBITDA climbed 10.3% year-on-year to Rs 129 crore, with EBITDA margins improving to 12.5%.
Revenue and Order Book
Stock Performance
Revenue slipped 4% year-on-year to Rs 1,034 crore in the last quarter.
Company Performance & Outlook
The company's order book zoomed 135% in the first half of FY26 over the same period last year, standing at Rs 5,188 crore at the end of Q2. The Optical Networking Business (ONB) clocked a revenue of Rs 980 crore and an EBITDA of Rs 136 crore in Q2 FY26.
- Company
- Sterlite Technologies
- Reporting Period
- Q2 FY26 (September Quarter)
- Q2 Profit/(Loss) YoY
- Profit of Rs 4 crore vs Loss of Rs 14 crore
- Q2 Revenue YoY
- Down 4% to Rs 1,034 crore
- Q2 EBITDA YoY
- Up 10.3% to Rs 129 crore
- EBITDA Margin
- 12.5% (up from 10.9% YoY)
- Order Book Growth (H1 FY26 YoY)
- 135%
- Open Order Book (End of Q2)
- Rs 5,188 crore