Sunday, May 3, 2026

Sterlite Tech rises after Q4 results; profit jumps on one-time gain

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Net profit surged to ₹59 crore in Q4FY26 from ₹5 crore a year ago, supported in part by a one-off gain of ₹31 crore.

By CNBCTV18.com April 29, 2026, 2:38:50 PM IST (Published)
1 Min Read

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Shares of Sterlite Technologies Ltd. gained as much as 4% on Thursday, April 29, after the company reported a strong set of March quarter earnings, aided by a one-time gain.

Net profit surged to ₹59 crore in Q4FY26 from ₹5 crore a year ago, supported in part by a one-off gain of ₹31 crore.


Revenue grew 37% year-on-year to ₹1,441 crore from ₹1,052 crore.

Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) rose 56% to ₹195 crore from ₹125 crore, while margins expanded to 13.5% from 11.8% in the year-ago period.

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