{"id":38895,"date":"2022-04-28T17:52:42","date_gmt":"2022-04-28T12:22:42","guid":{"rendered":"https:\/\/tradebrains.in\/features\/sterlite-technologies-ltd-stl-13\/"},"modified":"2022-04-28T18:00:27","modified_gmt":"2022-04-28T12:30:27","slug":"sterlite-technologies-ltd-stl-13","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/sterlite-technologies-ltd-stl-13\/","title":{"rendered":"STL&#8217;s annual growth jumps 19%; reports highest ever revenue"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3807944413\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>\u2022  55 % of annual revenue from focus markets of US and EMEA \u2022  Robust operational performance across businesses \u2022  Margin softening due to inflationary pressures  MUMBAI, India, April 28, 2022 \/PRNewswire\/ &#8212; STL [NSE: STLTECH], an industry leading integrator of digital networks, announced consolidated financial results for its fourth quarter and financial year ending March 31, 2022. The company recorded a robust order book of INR 11,639 crore and highest ever revenue of INR 5,754 crore.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1581982608\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> An unprecedented multi-year network build cycle is driving 5G, FTTx, data centre and Open RAN deployments. STL has been investing in world-class technology and talent and is well-positioned to meet this demand. Pursuing its global ambition, STL reached 6% market share in Americas in its first year of operations and reported 25% share in the European market, up from 16% in FY21. FY22 was pivotal for STL as it announced manufacturing units in the UK and US and launched &#8216;All-in 5G&#8217; solutions for converged and open source networks. It built a solid global leadership team to drive non-linear growth across businesses.<\/p>\n<p> Key wins for FY22 driven by sharp focus on 3 growth levers:  \u2022  Grow optical business: Apart from delivering on its planned 7Mn fKM capacity enhancement in India and announcing plans for UK and US, STL made big strides in the Optical Interconnect business, taking the attach rate from 3% to 11%  \u2022  Globalise system integration: While continuing the momentum in India, STL launched its Global Services business in the UK with a combination of technology and trained manpower and clocked an open order book of ~INR 1,000 crore  \u2022  Build access solutions: This was a strong foundational year for its newest business as STL announced general availability for 3 of 5 products as a part of its open source and programmable Accellus solution  Key Performance Highlights:  \u2022  Diversified global customer wins &#8211; Netomnia, Openreach, Vocus, Meta Connectivity, Telecom Italia, PGCIL, Power &#038; Tel, and Giganet were some key customer wins for FY22  \u2022  Industry-leading technology innovation &#8211; STL filed 57 patents in Q4, taking its global patent portfolio to 733. 60% of the patents filed in FY22 are in the core optical business  \u2022  Strong ESG focus &#8211; STL continued its ESG focus with social programs impacting 1.37 Mn people. In FY22 STL planted ~169,000 trees and committed to net-zero emissions by 2030. It also won prestigious awards including The Global CSR, and Green World Awards  \u2022  Best-in-class people practices &#8211; For the third year in a row, STL won the Great Place to Work certification, a significant milestone in its journey of building a world-class, global organisation  Financial highlights (INR Crore)  P&#038;L (INR Cr.) \t  FY&#8217;22 \t  FY&#8217;21  Revenue \t  5,754 \t  4,825  EBITDA \t  594 \t  854  PAT \t  62 \t  275  Commenting on the results, Ankit Agarwal, Managing Director, STL, said, &#8220;During FY22, we delivered exceptional revenue growth and grew significantly in our focus markets of US and Europe. We continue to witness inflationary headwinds as we start FY23 and are taking actions to mitigate the impact on margins. We are clearly in a multi-year network build cycle. I am confident that with a solid leadership in place, we will double down on technology innovation, operational excellence, and customer centricity to achieve 25% growth and deliver on our larger purpose of transforming billions of lives through digital networks.&#8221;  About STL:  STL is a leading integrator of digital networks providing All-in 5G solutions. Our capabilities across optical networking, services, software, and wireless connectivity place us amongst the top optical players in the world. These capabilities are built on converged architectures helping telcos, cloud companies, citizen networks, and large enterprises deliver next-gen experiences to their customers. STL partners with service providers globally in achieving a green and sustainable digital future in alignment with UN SDG goals.<\/p>\n<p> STL has a strong global presence in India, Italy, the UK, the US, China, and Brazil. Read more, Contact us.<\/p><div class=\"trade-content_5\" id=\"trade-2389745928\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> stl.tech |Twitter | LinkedIn | YouTube  Photo: https:\/\/mma.prnewswire.com\/media\/1807020\/STL_earnings.jpg Logo: https:\/\/mma.prnewswire.com\/media\/876464\/Sterlite_Technologies_STL_New_Logo.jpg      PWR PWR<\/p>\n<div class=\"trade-after-content\" id=\"trade-636225023\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>\u2022 55 % of annual revenue from focus markets of US and EMEA \u2022 Robust operational performance across businesses \u2022 Margin softening due to inflationary pressures MUMBAI, India, April 28, 2022 \/PRNewswire\/ &#8212; STL [NSE: STLTECH], an industry leading integrator of digital networks, announced consolidated financial results for its fourth quarter and financial year ending [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31],"tags":[],"class_list":["post-38895","post","type-post","status-publish","format-standard","hentry","category-company-results","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>STL&#039;s annual growth jumps 19%; reports highest ever revenue - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/sterlite-technologies-ltd-stl-13\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"STL&#039;s annual growth jumps 19%; 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