Sterlite Technologies' Q1 FY 2025-26 Quarterly Results

Result Summary

• Sterlite Technologies Ltd reported a 11.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 16.3%.
• Its expenses for the quarter were down by 19.5% QoQ and 21.2% YoY.
• The net profit decreased 112.2% QoQ and decreased 120.8% YoY.
• The earnings per share (EPS) of Sterlite Technologies Ltd stood at 0.2 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Sterlite Technologies Ltd is a prominent player in the technology and telecommunications industry. The company primarily focuses on developing and providing digital networks, including optical fiber cables, data network solutions, and system integration services. Sterlite Technologies has established itself as a leader in end-to-end data network solutions, serving various sectors, including telecommunications, data centers, and smart cities. Recent developments include strategic expansions and partnerships to enhance their service offerings and market reach. However, specific recent developments are not available in this dataset.

Revenue

In Q1FY26, Sterlite Technologies Ltd reported a total income of ₹1027 crores. This represents an 11.0% decrease compared to the previous quarter (Q4FY25) where the total income was ₹1154 crores. On a year-over-year basis, there was a notable decline of 16.3% from Q1FY25, when the total income was ₹1227 crores. The observed decrease in total income both sequentially and annually reflects a contraction in revenue generation for this period.

Profitability

The company reported a profit before tax of ₹13 crores in Q1FY26, a significant improvement from a loss of ₹106 crores in Q4FY25. This change reflects a quarter-over-quarter improvement of 112.3%. However, compared to Q1FY25, where there was a loss of ₹60 crores, there is a year-over-year improvement of 121.7%. The tax expense for Q1FY26 was ₹3 crores, contrasting with a tax benefit of ₹23 crores in Q4FY25, marking a QoQ change of 113.0%. The profit after tax for Q1FY26 stood at ₹10 crores, compared to a loss of ₹82 crores in Q4FY25 and a loss of ₹48 crores in Q1FY25, indicating significant improvements both QoQ and YoY. Earnings per share improved to ₹0.20 in Q1FY26 from negative values in the previous periods, specifically -₹2.00 in Q4FY25 and -₹1.00 in Q1FY25.

Operating Metrics

The total expenses for Sterlite Technologies Ltd in Q1FY26 amounted to ₹1014 crores, which is a 19.5% decrease from Q4FY25's expenses of ₹1260 crores. On a year-over-year basis, expenses decreased by 21.2% from Q1FY25's ₹1287 crores. The reduction in total expenses has contributed to the improvement in profitability metrics for the company. No data on other operating metrics such as P/E ratio, debt-to-equity ratio, or current ratio are provided, hence these cannot be calculated from the available information. The focus on reducing expenses appears to have played a significant role in the financial performance improvements observed in this quarter's data.