India, Oct. 23 -- Sterlite Technologies (STL), a provider of optical fibre and connectivity solutions, reported a consolidated net profit of Rs 517 crore for the second quarter of FY27, compared with Rs 4 crore in the corresponding quarter a year earlier. The increase of approximately 12,825% was accompanied by record quarterly revenue, driven by demand for optical connectivity products used in telecom networks and AI-focused data centres.

Revenue from operations rose 145% year on year to Rs 2,529 crore from Rs 1,034 crore in Q2 FY26. Earnings before interest, tax, depreciation and amortisation (EBITDA) increased nearly sixfold to Rs 846 crore from Rs 141 crore, according to the company's results.

However, the profit growth also reflect...