Sterlite Technologies lifts FY27 EBITDA margin target to 23% after posting 20.8% in June quarter
AI Market Summary
Sterlite Technologies raised its FY27 EBITDA margin target to 23% from 20% after delivering a 20.8% margin in Q1, signaling faster-than-expected operational improvements. Management expects a larger mix from higher-margin data centre and enterprise revenue, supported by capacity utilization and higher optical connectivity attach rates. Strong order inflows, a larger order book, net cash, and improving credit outlook reinforce confidence in profitability durability.
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Sterlite Technologies (STL) said it has raised its FY27 EBITDA margin target to 23% from 20%. The company made the change after reporting an EBITDA margin of 20.8% in the June quarter, meeting its earlier full-year target in the first quarter. The revised guidance signals stronger profitability and reinforces expectations of improved operating efficiency and earnings resilience.
