Sterlite Technologies532374Telecom infrastructure, optical
Sterlite Tech delivered strong Q2 results with order book up 4.5x and upgraded FY29 margin guidance, stock swung from lower circuit to up 4%
By ScoutQuest · · 1 min read
- Stock move today
- up 4 percent
- Revenue growth QoQ
- 30-40 percent
- Revenue growth YoY
- 150 percent
- US tariff refund one-time
- 161 crore rupees
- Operational EBITDA margin before
- 20 percent
Heard on business television between 14:44:47 - 14:47:47 IST.
- Stock was locked limited down initially then rose 4% after strong results
- Revenue growth 30-40% quarter-on-quarter, 150% year-on-year
- EBITDA boosted by one-time US tariff refund of 161 crore, but operational EBITDA margins still rose from 20% to 27%, a 600 bps expansion
- Open order book rose from 7,600 crore to 35,000 crore rupees, a 4.5x jump
- Data center and cloud revenue now 33% of first-half revenue, up from being not meaningful a few quarters back
- Company upgraded FY29 margin guidance by 300 basis points to 30%+ as part of its Lakshya plan targeting 20,000 crore top line
- First-half EPS of 14 rupees annualizes to 28 rupees, implying PE below 30 times, seen as reasonable valuation
- Analyst noted company has become debt free, a long-standing pain point resolved, with strong order book but growth sustainability needs tracking
Watch at source
behind live
- 1Open on YouTube
- 2Drag the seek bar left
- 3Watch this moment
Also from Sterlite Technologies
Sterlite Technologies hosts audio recording of Q2 FY27 earnings call held October 23, 2026
23 Oct 2026
Monitoring agency report: Rs. 1500 crore QIP proceeds nearly fully used, deviation NIL
23 Oct 2026
Monitoring Agency reports NIL deviation in use of preferential warrant proceeds for Q2FY27
23 Oct 2026
Source: Live TV News Channel · 23 Oct 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.