Sterlite Tech Q1 FY27 revenue hits record, debt-free
Sterlite Technologies delivered its strongest Q1 FY27, with revenue up 87% YoY to 1,910 crore and EBITDA of 397 crore (20.8% margin), driving net profit to 197 crore. The company also reported an all-time high open order book of 18,618 crore and completed a 1,500 crore QIP that enabled full net-debt elimination, underpinning a stronger balance sheet for AI-driven infrastructure growth. Management attributed the turnaround to higher-margin data center solutions, product mix improvement, and demand from hyperscalers and telecom operators, while highlighting progress in data center connectivity and AI data-center contracts. Operating efficiency and leverage supported margin expansion, and debt deleveraging alongside order book strength suggest robust visibility for future revenue. The results align with STL's strategic push into optical networking, enterprise data center connectivity, and global telecom deployments as AI builds out infrastructure. Overall, STL posted a landmark quarter, signaling a sustained upcycle in its core segments and underlining the impact of strategic financing on its balance sheet.
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MoneyControlLean RightSterlite Tech's Q1 profit jumps to record Rs 197 crore; revenue rises 87%- Moneycontrol
CNBC TV18Lean RightSterlite Tech Q1 profit jumps 20-fold as record revenue, AI data centre demand lift margins TV18
one.news18.comOtherSterlite Tech's Q1 Profit Soars 20x Amidst Record Revenue and AI Data Center Demand