Anil Agarwal-promoted Sterlite Industries has saw its profit decline by 24.91 per cent for the quarter ending September. The profit for the second quarter of the current financial year was Rs 958.8 crore. The company had posted a net profit of Rs 1,276.9 crore in the corresponding quarter last financial year.
The income too saw a decline of 9.54 per cent. The Income decreased from Rs 7,205.8 crore for the quarter ended September 30 last year to Rs 6,517.8 crore for second quarter of the current financial year.
During the market hours, the share price of the company saw a decline of 1.28 per cent. Sterlite’s share was trading at Rs 751.30.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app