20 April, 2014 11:12 IST
News
Sterlite Industries Q3 profit climbs 30.4%
Source: IRIS (29-JAN-13)
Comments  |  Post Comment

Sterlite Industries, India's largest non-ferrous metals and mining company, today reported growth of 30.42% in consolidated net profit to Rs 11.91 billion for the quarter ended Dec. 31, 2012 as compared to Rs 9.14 billion in the same period last year.

Total consolidated income has increased by 4.35% to Rs 115.96 billion for the quarter ended Dec. 31, 2012 from Rs 111.13 billion in the year ago period.

During the quarter, the operating profit margin increased 117 bps to 15.72% from 14.55% for the same period last year.

Anil Agarwal, chairman, Sterlite Industries (Q,N,C,F)* (India) said, ''Sterlite Industries continues to maintain its strong performance and leadership position. We have substantially improved our efficiencies, operational performance and metal production across businesses. Zinc India is poised for the next phase of growth as we embark on a major exploration drive using best in class technology and global expertise.''

Shares of the company declined Rs 0.8, or 0.7%, to settle at Rs 113.25. The total volume of shares traded was 658,545 at the BSE (Tuesday).


News
Cheslind Textiles standalone quarterly earnings plummet 54.14% - 19-Apr-2014 08:34
Reliance reports marginal increase in Q4 profit - 18-Apr-2014 18:17
CARE assigns ' BBB (SO)' to Jet Airways - 18-Apr-2014 16:17
CARE reaffirms 'BBB+ (Is)' to Ashiana Housing - 18-Apr-2014 16:10
CARE reaffirms 'AA+' to M&M - 18-Apr-2014 16:05
Chakan plant workers stoppage work is not strike: Bajaj Auto - 18-Apr-2014 15:57
FIIs cut stake in SAIL during March quarter - 18-Apr-2014 15:25
FIIs cut stake in Wockhardt during March quarter - 18-Apr-2014 14:46
FIIs cut stake in PNB during March quarter - 18-Apr-2014 14:29
Alstom bags 30 mn Euro contract from BHEL - 18-Apr-2014 13:40
CARE reaffirms 'A-' to Hatsun Agro Product - 18-Apr-2014 13:04
more...
* Q - Quote , N - News , C - Chart , F - Financials
Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type   8xnm4x into this box
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Forums  |   E-mail  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer