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Sterlite Industries’ Q3 net profit declines by 10%

23 Jan 2012 Evaluate

Sterlite Industries has reported results for its third quarter ended December 31, 2011.

The Company’s net profit for the quarter ended December 31, 2011 has declined by 10.13% at Rs 284.32 crore as compared to Rs 316.38 crore for the similar quarter of the previous year. Company’s Total Income has increased by 4.59% to Rs 4584.47 crore for the quarter ended December 31, 2011 from Rs 4383.46 crore for the December quarter of the previous Fiscal.

On consolidated basis, Group’s net profit for the quarter ended December 31, 2011 has declined by 17.03% at Rs 913.52 crore as compared to Rs 1101.06 crore for the quarter ended December 31, 2010. Its total income has increased by 23.65% at Rs 10303.67 crore for the quarter from Rs 8332.45 crore for the similar quarter of the previous year.

 

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