Sterlite Technologies Ltd Q4 FY2023 consolidated PAT up at Rs. 65 crores

Sterlite Technologies Limited has reported Consolidated financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1896 crores during the period ended March 31, 2023 as compared to Rs. 1893 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 65 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 50 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 1.62 for the period ended March 31, 2023 as compared to Rs. 1.26 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹1896 crs	₹1893 crs	0.16%
Net Profit	₹65 crs	₹50 crs	30.00%
EPS	₹1.62	₹1.26	28.57%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.1896 crores during the period ended March 31, 2023 as compared to Rs.1528 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.65 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.-22 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.1.62 for the period ended March 31, 2023 as compared to Rs.-0.55 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹1896 crs	₹1528 crs	24.08%
Net Profit	₹65 crs	₹-22 crs	395.45%
EPS	₹1.62	₹-0.55	394.55%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.6966 crores during the Financial Year ended March 31, 2023 as compared to Rs.5495 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.141 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.60 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.3.50 for the Financial Year ended March 31, 2023 as compared to Rs.1.50 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹6966 crs	₹5495 crs	26.77%
Net Profit	₹141 crs	₹60 crs	135.00%
EPS	₹3.50	₹1.50	133.33%

Shares of Sterlite Technologies Limited was last trading in BSE at Rs. 164.90 as compared to the previous close of Rs. 163.95. The total number of shares traded during the day was 67720 in over 1101 trades.

The stock hit an intraday high of Rs. 168.10 and intraday low of 163.40. The net turnover during the day was Rs. 11238605.00.

Source : Equity Bulls

Keywords

SterliteTechnologies Q4FY23 FY2023 ResultUpdate