Sterlite Technologies Reports Record Q2 Revenue

Sterlite Technologies Limited reported its highest-ever quarterly revenue in Q2 FY27, supported by strong demand for AI-ready digital infrastructure, optical connectivity products and data centre networks. Q2 FY27 Financial Performance Revenue from Operations: ₹2,529 crore, up 145% YoY Net Profit: ₹517 crore, compared with ₹4 crore a year ago EBITDA: ₹846 crore, up approximately 500% YoY Open Order Book: Record ₹35,274 crore Balance Sheet: Reported a net debt-free position during the quarter AI and Data Centre Demand Drives Growth Demand from hyperscale data centre operators and telecom companies is supporting STL's optical fibre and connectivity business. The company secured multiple long-term supply agreements with global hyperscalers and telecom operators during the first half of FY27, improving visibility into future business. Major Order Wins ₹11,500 crore: Long-term supply agreement with a hyperscaler for 2026–2030. ₹10,500 crore: Product award letter from another hyperscaler for supplies during FY27–FY29. ₹2,700 crore: High-density optical fibre cable agreement for 2027–2029. ₹2,000 crore: Agreement with a telecom infrastructure company for 2027–2029. ₹960 crore: Multi-year optical cable supply agreement with an Indian telecom operator. Important Point for Investors Reported EBITDA includes a one-time gain of approximately ₹161 crore from a US tariff refund. Operational EBITDA was ₹685 crore, so investors should distinguish recurring operating performance from this one-off benefit. Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Investors should conduct their own research and consider their risk profile before making any investment decision