Sterlite Technologies consolidated net profit declines 51.37% in the March 2020 quarter

Sales decline 35.23% to Rs 1160.06 crore

Net profit of Sterlite Technologies declined 51.37% to Rs 80.33 crore in the quarter ended March 2020 as against Rs 165.17 crore during the previous quarter ended March 2019. Sales declined 35.23% to Rs 1160.06 crore in the quarter ended March 2020 as against Rs 1791.16 crore during the previous quarter ended March 2019.

For the full year,net profit declined 22.90% to Rs 433.90 crore in the year ended March 2020 as against Rs 562.75 crore during the previous year ended March 2019. Sales rose 1.32% to Rs 5154.40 crore in the year ended March 2020 as against Rs 5087.26 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1160.061791.16 -35 5154.405087.26 1 OPM %18.3317.45 -20.5922.01 - PBDT163.75295.11 -45 874.311050.93 -17 PBT86.93245.32 -65 584.03855.95 -32 NP80.33165.17 -51 433.90562.75 -23

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