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Sterlite Technologies reports 84% rise in Q2 consolidated net profit

24 Oct 2018

Sterlite Technologies has reported results for second quarter ended September 30, 2018.

The company has reported over 2 fold jump in its net profit at Rs 108.03 crore for the quarter under review as compared to Rs 50.02 crore for the same quarter in the previous year. Total income of the company increased by 45.65% at Rs 1,021.85 crore for Q2FY19 as compared Rs 701.58 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 84.29% in its net profit at Rs 131.27 crore for the quarter under review as compared to Rs 71.23 crore for the same quarter in the previous year. Total income of the company increased by 38.39% at Rs 1,090.32 crore for Q2FY19 as compared Rs 787.85 crore for the corresponding quarter previous year.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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