Sterlite Technologies Q2 FY10 : Net up 799%

by khalid on 21/10/2009 · 0 comments

sterlite

Sterlite Technologies has achieved a significant rise in profit and posted a net profit of Rs 54.67 crore in the Q2 of the current fiscal (FY10). The company had recorded a net profit of Rs 6.08 crore in the corresponding quarter of the last fiscal (FY09). This is an increase of 799% in profit.

The company informed the market that total income in the present Q2 of current fiscal (FY10) is Rs 4680.90 million and it is a fall of 29.7% as compared to the corresponding quarter of the last fiscal (FY09). Net sales too declined by 30.01% to 4658 million.

Sterlite Technologies share’s CMP is Rs 312.95 on 20th Oct 09.

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