Sterlite Technologies Bags $1.11 Billion Hyperscaler Fibre Supply Contract

Q1 FY27 Consolidated Results YoY: Revenue at 1910 Cr vs 1019 Cr, up 87.4%. EBITDA at 397 Cr vs 140 Cr, up 183.6%. EBITDA Margin at 20.8% vs 13.7%, expansion of 710bps. PAT at 197 Cr vs 10 Cr, up 1870.0%. Optical networking segment was key driver, revenue grew 91.7% to 1842 Cr; digital solutions segment up 12.5% to 72 Cr. Secured a landmark $1.11 billion supply contract (₹10,000+ Cr) from a hyperscaler for AI data center optical connectivity products. Completed ₹1,500 Cr QIP subsequent to quarter end, becoming net debt-free; CRISIL revised outlook to Stable, ICRA upgraded to AA (Stable).