Sterlite Industries (India) has reported results for second quarter ended September 30, 2012.
The company has reported a surge of 174.10% in its net profit at Rs 704.77 crore for the quarter ended September 30, 2012 as compared to Rs 257.12 crore for the same quarter in the previous year. The company’s net income from operation has increased marginally by 4.67% at Rs 5437.75 crore for quarter under review as compared to Rs 5195.27 crore for the quarter ended September 30, 2011.
On consolidated basis, the group’s has posted a growth of 74.66% in its net profit after taxes, minority interest and consolidated share in loss of associates at Rs 1,742.69 crore for the quarter ended September 30, 2012 as compared to Rs 997.78 crore for the same quarter in the previous year. The group’s net income from operation has increased by 10.65% at Rs 12,168.96 crore for quarter under review as compared to Rs 10,997.84 crore for the quarter ended September 30, 2011.
