Sterlite Technologies Share Price Surges Over 2% After Q2 FY27 Earnings Results: Total Income Up 145% YoY

On October 23, 2026, Sterlite Technologies Limited (STL) announced its consolidated financial results for the quarter and half year ended September 30, 2026, as per the exchange filings.  

The company reported a substantial increase in total income and net profit, marking a record-breaking performance in the second quarter. 

Sterlite Technologies Q2 FY27 Earnings Results 

For the September 2026 quarter, STL's total income surged by 145% year-on-year to ₹2,563 crore, up from ₹1,046 crore in the same period last year. Sequentially, this represents a 33.4% increase from ₹1,922 crore in the June 2026 quarter.  

Net profit for the quarter saw a remarkable increase of 12,825% year-on-year, reaching ₹517 crore, compared to ₹4 crore a year ago. This also reflects a 162.4% rise from ₹197 crore in the preceding quarter. 

Half-Yearly Performance 

For the half year ended September 30, 2026, STL's total income increased by 116.2% year-on-year to ₹4,484 crore, compared to ₹2,074 crore in the corresponding period of the previous year. Net profit for the half year rose by 5,000% year-on-year to ₹714 crore, up from ₹14 crore in the previous year. 

Order Book and Segment Earnings 

STL's open order book reached a record total of ₹35,274 crore, providing strong operational visibility for future production execution. Quarterly EBITDA surged by approximately 500% year-on-year to ₹846 crore, including a one-time net gain from a US tariff refund worth ₹161 crore. 

Read More: Eternal Share Price Falls Over 2% After Q2 FY27 Earnings Results: Total Income Up 75.6% YoY! 

Significant Order Wins 

STL secured a multi-year agreement with a hyperscaler valued at $1.2 billion, supplying optical connectivity products from 2026 through 2030.  

Additionally, the company received a Product Award Letter from another hyperscaler worth $1.11 billion for product supply from FY27 to 2029.  

A separate $288 million contract was signed for high-density optical fibre cables, running from 2027 to 2029. 

Sterlite Technologies Share Price Performance 

As of October 23, 2026, at 1:38 PM, Sterlite Technologies share price on NSE was trading at ₹777.00, up by 2.98% from the previous closing price. 

Conclusion 

Sterlite Technologies Limited reported a 145% YoY increase in total income to ₹2,563 crore for the September 2026 quarter. Net profit surged by 12,825% YoY to ₹517 crore. The company's open order book reached ₹35,274 crore, and quarterly EBITDA rose by approximately 500% YoY to ₹846 crore. 

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