MoneyWorks4Me

Sterlite Technologies reports 11% rise in Q1 consolidated net profit

18 Jul 2019 Evaluate

Sterlite Technologies has reported results for first quarter ended June 30, 2019.

The company has reported 31.72% rise in its net profit at Rs 137.63 crore for the quarter under review as compared to Rs 104.49 crore for the same quarter in the previous year. Total income of the company increased by 62.52% at Rs 1354.52 crore for Q1FY20 as compared Rs 833.44 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 11.20% in its net profit at Rs 142.87 crore for the quarter under review as compared to Rs 128.48 crore for the same quarter in the previous year. Total income of the company increased by 62.95% at Rs 1440.73 crore for Q1FY20 as compared Rs 884.14 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Polycab India 8400.00
KEI Industries 4679.50
RR Kabel Ltd. 2527.00
Finolex Cables 1460.40
Precision Wire India 502.25
View more..