Sterlite Technologies Ltd Q3FY23 consolidated PAT at Rs. 50 crores

Sterlite Technologies Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1891 crores during the period ended December 31, 2022 as compared to Rs. 1686 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 50 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 44 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.26 for the period ended December 31, 2022 as compared to Rs. 1.10 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹1891 crs	₹1686 crs	12.16%
Net Profit	₹50 crs	₹44 crs	13.64%
EPS	₹1.26	₹1.10	14.55%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.1891 crores during the period ended December 31, 2022 as compared to Rs.1307 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.50 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-138 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.26 for the period ended December 31, 2022 as compared to Rs.-3.48 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹1891 crs	₹1307 crs	44.68%
Net Profit	₹50 crs	₹-138 crs	136.23%
EPS	₹1.26	₹-3.48	136.21%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.5066 crores during the 9 Months period ended December 31, 2022 as compared to Rs.3964 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.74 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.83 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.1.85 for the 9 Months period ended December 31, 2022 as compared to Rs.2.08 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹5066 crs	₹3964 crs	27.80%
Net Profit	₹74 crs	₹83 crs	-10.84%
EPS	₹1.85	₹2.08	-11.06%

Shares of Sterlite Technologies Limited was last trading in BSE at Rs. 179.55 as compared to the previous close of Rs. 181.25. The total number of shares traded during the day was 103222 in over 2212 trades.

The stock hit an intraday high of Rs. 182.10 and intraday low of 176.35. The net turnover during the day was Rs. 18509883.00.

Source : Equity Bulls

Keywords

SterliteTechnologies STL Q3FY23 9MFY23 ResultUpdate