Sterlite Tech focuses on designing, building and managing smarter networks for four key customer segments – Global Service Providers, Smart Cities, Rural Broadband and Defence – meeting their needs through its integrated products (optical fibre, optical fibre cables and data cables), services (system and network integration) and software (OSS/BSS) offerings. Sterlite Tech showed key developments and growth across all these customer segments through the year.

The company closed its order book at an all-time high of Rs 3,018 crore. The order book is evenly balanced between the products, services and software offerings, and maintains a strong international focus.
Optical fibre remains the fastest medium to carry the exponential growth in data traffic, and Sterlite Tech maintained its leadership position in this segment, posting the highest-ever quarterly and annual sales of optical fibre. 
Sterlite Tech also announced the next phase of optical fibre capacity expansion to 50 million fkm, to be executed in stages. With 50 million km of a fully-integrated optical fibre facility, Sterlite Tech will be amongst the top integrated fibre providers globally. 
This scale is further complemented with a growing patent portfolio of 146 and a next-generation Centre of Excellence in Aurangabad, India.
Financial Highlights for Q4FY’17 and FY17 : (Consolidated - All figures are in Ind AS & Rs crore)
Sterlite Tech has posted another strong year of financial growth with profits expanding by 31 percent vs FY’16. Major financial highlights are:
* Quarterly revenues at Rs 707 crore, up 15 percent vs Rs 614 crore YoY
* EBITDA at all-time high of Rs 166 crore, up 19 percent vs Rs 139 crore YoY
* Profit After Tax at Rs 64 crore, up 16 percent vs Rs 55 crore YoY
* ROCE of the business in Q4FY’17 at 26 percent.
The Board recommended Final Dividend of Rs 0.75 per share (in addition to the Interim Dividend of Rs. 0.50 per share declared and paid in October 2016), resulting in total dividend of Rs 1.25 per share for the FY 2016-17.
Dr Anand Agarwal, CEO, Sterlite Tech, said: “We are witnessing an unprecedented growth in new technologies such as cloud computing, IoT, M2M and artificial intelligence, which is creating the need for new networks based on very high data speeds and very low response time. 
"We believe that we are at the start of such a growth cycle of building new fibre-based networks globally. With our end-to-end offerings of next-generation products, services and software, we have deep customer engagements for designing, building and managing such new fibre-based networks. Our strategy of increase in capacity and capabilities will go hand-in-hand to meet our customers’ evolving needs.”
Pravin Agarwal, vice chairman, Sterlite Tech, said: “We are uniquely positioned to create smarter networks. We are building an organisation that supports predictable performance and outcome-oriented assignments, empowering us to lead with technology, and to partner with the ecosystem. The Final Dividend declared by the Board is in accordance with our dividend policy, solid performance and strong outlook.”