STL reported Rs 4,825 crore in revenue and an order book of over Rs 10,700 crore for its financial year ending March 31, 2021.
Some highlights:
STL won multi-year, multi-million global deals, such as:
A three-year strategic collaboration with Openreach to provide millions of kms of optical fibre cable to help connect UK with a full-fibre network
~$100 million deals in the MEA region – for building future-ready digital networks
Partnership with Airtel to build optical network across 10 circles
Exhibited strong growth in OFC volume and Optical Interconnect business – STL grew its OFC volume by more than 35 percent in FY’21. Optotec’s interconnect products are now integrated into its Opticonn solution
Grew Patent portfolio by 105 percent- With 191 filings in FY’21, STL’s global patents reached 569, also adding the first 5G patent
Developed 5G and Open source products – STL developed hardware plus software offerings including Garuda indoor small cells and 5G radios and tested programmable FTTx with a large Asian telco
Delivered exponentially despite the pandemic – With technology excellence, STL took Project Varun (Navy Communication Network) and Mahanet (Rural broadband) to 92 percent and 98 percent completion, respectively
Hired industry stalwarts globally – across the US, the UK, Singapore and India
