Sterlite Technologies Limited (STL) has announced its financial results for the quarter ending (QE) June 30, 2022. The company reported a revenue of Rs 15.75 billion, witnessing a growth of 20 per cent year-on-year (Y-o-Y), owing to its widespread strength across all of its business operations. Meanwhile, during the reported period, large orders enabled STL to build a healthy order book of over Rs 112 billion.
Meanwhile, earnings before interest, tax, depreciation and amortisation (EBITDA) for the company stood at Rs 1.19 billion for QE June 30, 2022.
Commenting on the results, Ankit Agarwal, managing director, STL, said, “Our global footprint, technology-led solutions, and effective supply chain management continue to be major contributors to our growth. With increased focus on efficiency and prudent capital management, we expect to sustain this positive momentum. As ubiquitous networks are built in this decade, we are fortunate to play a significant role in transforming billions of lives through digital networks.
