Anand agarwal - Latest News Update, Information, Photos & Videos on Anand agarwal at Lokmat Times

Leading integrator of data networks Sterlite Technologies Ltd (STL) on Tuesday reported Rs 5,154 crore in revenue during FY20 and an order book of Rs 10,037 crore backed by large deal wins globally.The profit after tax before exceptional item totalled Rs 472 crore. In Q4 FY20, the profit after tax was Rs 80 on a revenue of Rs 1,160 crore.The board of directors has recommended a final dividend of 175 per cent at Rs 3.50 per equity share for FY20."We are seeing an accelerated shift towards digitalisation and data network investments from all our customer segments," said STL Group Chief Executive Officer Anand Agarwal."The next generation of networks are shifting towards network densification, edge computing, open-source and virtualisation. As we start FY21, we have a more robust business," he said in a statement.The new global wins build a robust order book for STL across all customer segments -- global telcos, cloud compes, citizen networks and large enterprises.Agarwal said the dominant trend of growth in data network usage has been enhanced with social distancing due to COVID-19. Remote work has resulted in a massive surge in the internet traffic across home and enterprise segments.( With inputs from ANI )

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Salman Khan

Anand AgarwalFOLLOW

Anand agarwal, Latest News

Business :STL records robust results - continues global expansion

STL (NSE: STLTECH), an industry leading integrator of digital networks, today announced financial results for the first quarter ended June 30, 2021. ...

Business :Sterlite Tech clocks highest ever revenue at Rs 5,154 crore, PAT totals Rs 472 crore

Leading integrator of data networks Sterlite Technologies Ltd (STL) on Tuesday reported Rs 5,154 crore in revenue during FY20 and an order book of Rs 10,037 crore backed by large deal wins globally. ...