Broadband technology company Sterlite Technologies has said it aims to grow the company’s revenue manifold to Rs 20,000 crore by FY29.
Sterlite Technologies Ltd (STL) posted consolidated revenue from operations of Rs 4,745 crore in the financial year 2025-26, according to a regulatory filing.
“Today, we are very proud to announce Lakshya, STL’s growth ambition for FY29. Under Lakshya, we’re targeting Rs 20,000 crore revenue by FY29, while building STL into one of the largest global players for digital connectivity,” STL Managing Director Ankit Agarwal said in an investor meet held on September 3.
According to the transcript of the meeting shared by the company, Agarwal said that the ambition of project Lakshya is to transform the scale and position of STL, build on the strength of the company’s core, stronger economics, deeper customer relationships, and a larger role in the world’s rapidly expanding digital infrastructure.
He said that there are now more places where optical …
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.