Business News

STL revenues up 17 per cent; progressing towards global optical leadership

Nov 05, 2022

Mumbai (Maharashtra) [India], November 5 (ANI/PRNewswire): STL (NSE: STLTECH), one of the industry's leading integrators of digital networks, today announced its financial results for quarter ended 30 September 2022. STL reported profitable growth with revenues of Rs 1,768 crores, up by 12 per cent Q-o-Q and 17 per cent Y-o-Y. Nearly 70 per cent of revenue came from the US and Europe. A robust order book of Rs 11,697 crores further cemented STL's position as a global partner for 5G and FTTH.