Sterlite Technologies Share Price: Sterlite Technologies Limited, a company engaged in the telecom sector, has reported its Q4 results. Sterlite Technologies has posted a consolidated net profit of Rs 59 crore in the fourth quarter ended March 31, 2026, with a jump in orders, including large-scale data centre projects primarily in North America, supported by moderation in US tariffs, according to the company filing.
The company had posted a loss of Rs 40 crore in the same period a year ago.
The year was characterised by a transformative around 110 per cent surge in order intake over FY25. This indicates strong revenue visibility and sets the stage for sustained growth in the coming quarters,” the company filing said.
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Sterlite Technologies Share Price: Nuvama bullish on telecom stock
Nuvama on Sterlite Technologies
The brokerage firm, Nuvama, maintains a buy rating with an increased target price to Rs 440 from Rs 280 (57 per cent upside).
The firm highlighted the company’s revenue and margin inching upward.
According to the brokerage, Sterlite Technologies’ optical margins expanded, supported by improved utilisation, a favourable shift in product mix, and operating leverage.
The deal funnel of the company remains strong with healthy order intake.
The company’s order intake remained strong, supported by large deal wins, particularly in North America.
The brokerage further highlighted that the company is facing cost inflation in key raw material prices due to current geopolitical tensions.
Increases FY27E/28E EPS by 23%/25%, factoring in higher growth with improved margins.
Sterlite Technologies Q4 results
The company’s open order book stood at Rs 7,309 crore at the end of FY26, supported by large-scale data centre and telecom projects across its key markets of North America, Europe, and India, STL said.
STL’s revenue from the US reached at par with business from Europe for the first time. Both US and Europe contributed 39 per cent each in total revenue of the company in FY26.
STL said that it has recorded a consistent sequential improvement in EBITDA margins or operational profit for the sixth consecutive quarter, driven by higher utilisation and improved product mix.
The consolidated revenue from operations increased by about 37 per cent to Rs 1,441 crore during the reported quarter from Rs 1,052 crore in the March 2025 quarter.
STL said US tariffs have moderated from peak levels of around 50 per cent to close to 18 per cent following the US-India trade arrangement and later transitioned to a temporary tariff regime of around 10 per cent to 15 per cent.
“This tariff easing provides a direct and meaningful margin benefit,” STL said.
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