Sterlite Technologies : Moderately reduced profits, revenue grew 33%

Sterlite Tech net profit in the third quarter of fiscal 2017 declined marginally to 49.1 crore. Sterlite Tech net profit in the second quarter of fiscal 2017 was 50.8 million.

Sterlite Tech in the third quarter of fiscal 2017, revenue rose 33 percent to Rs 732.3 crore. Sterlite Tech’s revenues in the second quarter of fiscal 2017 was Rs 550.6 crore.

Qoq in the October-December quarter from Rs 140.5 crore Sterlite Technologies EBITDA 101.7 crore. Quarter on quarter in the third quarter increased from 18.5 percent, Sterlite Technologies EBITDA margin of 19.2 per cent.

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