STL Wins Rs. 960 Crore Optical Fiber Cable Supply Order

Sterlite Technologies Limited (STL), a major Indian manufacturer of Optical Fibre Cables (OFCs), has secured a cable supply order worth Rs. 960 crore from a domestic telecom operator. The company shared this news in its stock exchange filing dated 1st August 2026.

According to the filing, this order involves the manufacturing and supply of Optical Fiber Cables (OFCs) in accordance with the customer’s specifications. The agreement is scheduled to be executed over a period of two years during FY28 and FY29, with an option to extend the contract for an additional two years upon mutual consent.

STL recently reported its financial results for the first quarter of FY27, posting revenue of Rs. 1,910 crore and a net profit of Rs. 197 crore. The company also completed a Qualified Institutional Placement (QIP) of Rs. 1,500 crore. These funds will be used to fund the company’s capital expenditure plans over the next three years.