Sterlite Technologies Limited (STLTECH) — Financial Results

Investor Takeaways

Revenue declined 11.5% YoY to ₹1,261 Cr in Q3FY25 from ₹1,413 Cr in Q2FY25, with net loss narrowing to ₹-24 Cr from ₹-14 Cr.

OPM improved to 10.15% in Q3FY25 from 6.9% in Q1FY25, indicating margin recovery despite persistent losses.

Annual revenue for FY2026 reached ₹5,000 Cr with net profit of ₹-100 Cr, reflecting ongoing operational losses.

STLTECH's P/E ratio of -106.62 signals negative earnings, contrasting with peers' positive P/E ratios (Bharti Airtel: 36.38, Indus Towers: 11.47).

Shareholders must approve the FY2026 financials at the upcoming AGM before finalization.

Key Financial Highlights

Metric	Value	YoY Change
Revenue	₹5,000 Cr	-
Net Profit	₹-100 Cr	-
EBITDA	N/A	-
EPS	₹-2.05	-
OPM	4.65%	-

What Changed

The company reported a 11.5% YoY revenue decline in Q3FY25 to ₹1,261 Cr, with net loss narrowing to ₹-24 Cr from ₹-14 Cr in the prior quarter. Annual revenue for FY2026 stood at ₹5,000 Cr, but net profit remained negative at ₹-100 Cr, reflecting sustained operational challenges. OPM improved to 10.15% in Q3FY25 from 6.9% in Q1FY25, indicating marginal margin recovery. However, the company's P/E ratio of -106.62 underscores persistent losses, contrasting sharply with peers' positive earnings multiples (Bharti Airtel: 36.38, Indus Towers: 11.47). The financials require shareholder approval at the upcoming AGM before finalization.

Peer Comparison

Company	P/E	ROE	ROCE	Market Cap (₹ Cr)
STLTECH	-106.62	N/A	N/A	19,776.69
Bharti Airtel	36.38	26.74%	21.81%	1,16,1012.62
Indus Towers	11.47	N/A	N/A	1,13,480.57

STLTECH's negative P/E ratio and lack of ROE/ROCE metrics highlight weaker profitability compared to peers with established positive earnings and returns.