STL’s normalised net profit zooms 8,800% on-year to ₹356 crore in Q2FY27, reports highest-ever revenue

NEW DELHI: Homegrown optical fibre cable (OFC) maker Sterlite Technologies (STL) on Friday reported an 8,800% year-on-year surge in normalised profit after tax (PAT) to ₹356 crore on revenue of ₹2,529 crore in Q2FY27.

“STL also reported a net debt-free balance sheet this quarter, with PAT at ₹517 crore (and a normalised PAT of ₹356 crore), driven by strong revenue growth and margin expansion,” the Pune-based indigenous vendor said.