Sterlite Tech Q1 profit jumps 20-fold as record revenue, AI data centre demand lift margins - CNBC TV18

•Sterlite Technologies Ltd reported a 20-fold increase in net profit to ₹197 crore in Q1 FY27, up from ₹10 crore a year ago.

•Revenue rose 87% year-on-year to a record ₹1,910 crore, with EBITDA climbing to an all-time high of ₹397 crore.

•The company secured a $1.11 billion contract for AI data centres and expanded its open order book to ₹18,618 crore, the highest in its history.

•Sterlite Technologies became net debt-free after raising ₹1,500 crore via a Qualified Institutions Placement (QIP) and announced a favourable outcome in a European patent dispute.