Sterlite Technologies Limited has released the transcript of its earnings call held on January 23, 2026, concerning the company's financial results for the third quarter of Fiscal Year 2026 (Q3 FY26). The earnings call featured insights from Managing Director Mr. Ankit Agarwal and Chief Financial Officer Mr. Ajay Jhanjhari. They discussed Sterlite Technologies' position as a global leader in digital connectivity infrastructure, serving various sectors including telecom operators, data centers, and large enterprises through its Optical Networking Business (ONB) and Digital and Technology Solutions divisions. The company highlighted its end-to-end capabilities in optical fiber manufacturing, its #1 position in India, and its significant market share outside of China. Key discussions included the strong multiyear investment cycles in FTTx, data centers, and 5G, which are driving demand for optical infrastructure. The company emphasized the growing importance of AI-led infrastructure, noting that AI data centers are significantly more fiber-intensive. Sterlite Technologies reported a strong order intake of ₹4,263 crore for YTD FY26, a 40.3% growth over the previous year, driven by data center connectivity wins, breakthroughs with Tier 1 North American telecom customers, and a diversified order book. Innovations and product developments were also a focus, including advancements in next-generation optical technologies like multi-core fiber and Hollow-Core fiber, as well as enhancements to their data center portfolio. Financially, for Q3 FY26, the company reported revenues of ₹1,257 crore and an EBITDA margin of 10.3%. For YTD FY26, revenues were ₹3,311 crore, with EBITDA growing 35% year-on-year to ₹410 crore and margins improving to 12.4% year-on-year. The management addressed challenges such as U.S. tariffs, which impacted margins in Q3 FY26, and discussed mitigation measures including passing on costs to customers and ramping up local production in the U.S. They also touched upon the company's CSR initiatives and sustainability commitments, including aiming for net-zero emissions by 2030. The company also provided an update on ongoing legal matters, including an appeal in a U.S. lawsuit and an income tax notice related to transfer pricing adjustments.
