Sterlite Technologies has reported results for first quarter ended June 30, 2018.
The company has reported over 2 fold rise in its net profit at Rs 104.49 crore for the quarter under review as compared to Rs 40.17 crore for the same quarter in the previous year. Total income of the company increased by 22.48% at Rs 833.44 crore for Q1FY19 as compared Rs 680.47 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 99.22% in its net profit at Rs 120.71 crore for the quarter under review as compared to Rs 60.59 crore for the same quarter in the previous year. Total consolidated income of the company increased by 17.70% at Rs 884.14 crore for Q1FY19 as compared Rs 751.19 crore for the corresponding quarter previous year.
