The agreement also establishes a reciprocal risk-sharing framework, with capped financial liabilities for both parties in the event of demand shortfalls or supply-capacity shortages.
The contract will remain in force for three calendar years, from CY2027 to CY2029, and may be extended by a further two years with the mutual consent of both parties.
Sterlite Technologies is a global leader in advanced connectivity solutions, providing end-to-end solutions for building AI-ready infrastructure, FTTx, rural, enterprise and data centre networks. data centre & cloud companies, telecom operators, internet service providers and large enterprises collaborate with the company to build their future-ready digital infrastructure.
The company's consolidated net profit surged 1,870% year on year (YoY) to Rs 197 crore in Q1 FY27, compared with Rs 10 crore in the corresponding quarter last year. Revenue from operations jumped 87.4% YoY to Rs 1,910 crore from Rs 1,019 crore in Q1 FY26.
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