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Sterlite Technologies reports 66% fall in Q3 consolidated net profit

15 Jan 2020 Evaluate

Sterlite Technologies has reported results for third quarter ended December 31, 2019.

The company has reported 50.03% fall in its net profit at Rs 64.80 crore for the quarter under review as compared to Rs 129.67 crore for the same quarter in the previous year. Total income of the company decreased by 9.90% at Rs 1118.35 crore for Q3FY20 as compared Rs 1241.25 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 66.13% fall in its net profit at Rs 49.99 crore for the quarter under review as compared to Rs 147.61 crore for the same quarter in the previous year. Total income of the company decreased by 10.16% at Rs 1208.68 crore for Q3FY20 as compared Rs 1345.30 crore for the corresponding quarter previous year.

Sterlite Technologie Share Price

294.95 -3.10 (-1.04%)
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