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Thursday, Jan 29, 2004

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Corporate Results - Diversified

Sterlite Ind Q3 net up 43.19 pc

Our Bureau

Mumbai , Jan 28

STERLITE Industries (India) Ltd has reported a net profit of Rs 50.70 crore for the third quarter of the current fiscal, against Rs 35.47 crore recorded in the corresponding period of last fiscal, registering a 43.19 per cent jump.

The company notched up net sales of Rs 821.19 crore (Rs 550.57 crore).

For the nine-month period ended December 2003, it reported a higher net profit at Rs 123.48 crore (Rs 107.1 crore) and net sales of Rs 2,185.44 crore (Rs 1,546.5 crore), according to the unaudited results declared by the company.

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