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Sterlite Technologies profit soars 8,800% on record revenue

Original: sterlite technologies share

Sterlite Technologies (STL) reported a massive jump in earnings for the second quarter of FY27, with normalised net profit rising roughly 8,800% year-on-year to ₹356 crore. The company also posted its highest-ever quarterly revenue, prompting strong interest among Indian investors and renewed attention on the optical networking firm's turnaround.

Why now: The unusually large profit surge and record revenue just reported have put the stock in focus among Indian market watchers.

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Evidence

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

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