Sterlite Technologies’ international revenue stood at Rs505 crore, up 78% year-on-year. Photo: Ramesh Pathania/MintNew Delhi: Sterlite Technologies on Wednesday said its consolidated net profit jumped over 83% to Rs90 crore for the quarter ended 31 December 2017. The company had reported a net profit of Rs49.12 crore in the same period a year ago, Sterlite Technologies said in a statement. Its revenue from operations grew 14% to Rs835.18 crore in the quarter under review from Rs732.34 crore in the December 2016 quarter, it added. Over the past years, Sterlite Technologies has built a robust capability platform across technology innovation, manufacturing standards and corporate governance, its chief executive officer (CEO) Anand Agarwal said.
Source: Mint January 17, 2018 09:56 UTC