STL Records Highest Ever Revenue at Rs. 5,154 Crore, Strengthens Mid-to-long Term Outlook
/ -- STL (NSE: STRTECH), an industry leading integrator of data networks, today announced the consolidated financial results for its fourth quarter and financial year ending March 31, 2020. The Company reported Rs. 5,154 crore in revenue and an order book of Rs. 10,037 crore, backed by large deal wins globally. FY20 - A transformative year for STL
Drove sustainable business practices and helped the community:
FY21 - STL reorganizes for the emerging New-gen Network
FY20 Financial Highlights Revenue: Rs. 5,154 crore EBITDA: Rs. 1,104 crore PAT: Rs. 472 crore (Before exceptional item) Order Book: Rs. 10,037 crore Exports: ~35% of revenue
"In the current times, we have focused on keeping our employees and communities safe, while continuing critical operations and deepening customer relationships," said Dr. Anand Agarwal, Group CEO, STL. He added, "As we start FY21, we have a more robust business. We are seeing an accelerated shift towards digitalisation and data network investments from all our customer segments. The next generation of networks are shifting towards network densification, edge compute, open source and virtualization. As STL transforms to an end-to-end solutions provider, I am confident that we are uniquely positioned to address a much larger opportunity and help our customers achieve their network objectives."
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