Sterlite Tech net down 2% at Rs36 cr
Sterlite Tech net down 2% at Rs36 cr
Mumbai: Global provider of optical fibers Sterlite Technologies today reported 1.74% decline in its net profit at Rs36.54 crore for the third quarter ended 31 December 31, 2008.
The company had a net profit of Rs37.19 crore in the December quarter of FY’08, Sterlite Technologies said in a filing to the BSE.
Total income rose to Rs841.94 crore for the quarter under review from Rs502.03 crore in the corresponding year ago period.
Shares of the company closed at Rs55.45, up 19.12% on the BSE.
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