Stock Report

Sterlite Technologies Ltd posts consolidated loss of Rs. 82 crores in Q2 FY2024



Posted On : 2024-05-09 07:31:44( TIMEZONE : IST )

Sterlite Technologies Ltd posts consolidated loss of Rs. 82 crores in Q2 FY2024

Sterlite Technologies Limited has reported Consolidated financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1154 crores during the period ended March 31, 2024 as compared to Rs. 1341 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. -82 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. -57 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. -2.03 for the period ended March 31, 2024 as compared to Rs. -1.43 for the period ended December 31, 2023.

Financials Q4 FY2024 Q3 FY2024 % Change
Total Income ₹ 1154 crs ₹1341 crs Up Tick / Down Tick-13.94%
Net Profit ₹-82 crs ₹-57 crs Up Tick / Down Tick43.86%
EPS ₹-2.03 ₹-1.43 Up Tick / Down Tick41.96%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 1154 crores during the period ended March 31, 2024 as compared to Rs.1896 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.-82 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.65 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.-2.03 for the period ended March 31, 2024 as compared to Rs.1.62 for the period ended March 31, 2023.

Financials Q4 FY2024 Q4 FY2023 % Change
Total Income ₹ 1154 crs ₹1896 crs Up Tick / Down Tick-39.14%
Net Profit ₹-82 crs ₹65 crs Up Tick / Down Tick-226.15%
EPS ₹-2.03 ₹1.62 Up Tick / Down Tick-225.31%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.5535 crores during the Financial Year ended March 31, 2024 as compared to Rs.6966 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.-51 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.141 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.-1.27 for the Financial Year ended March 31, 2024 as compared to Rs.3.50 for the Financial Year ended March 31, 2023.

Financials Year Ended FY2024 Year Ended FY2023 % Change
Total Income ₹5535 crs ₹6966 crs Up Tick / Down Tick-20.54%
Net Profit ₹-51 crs ₹141 crs Up Tick / Down Tick-136.17%
EPS ₹-1.27 ₹3.50 Up Tick / Down Tick-136.29%

Shares of Sterlite Technologies Limited was last trading in BSE at Rs. 124.65 as compared to the previous close of Rs. 131.35. The total number of shares traded during the day was 490109 in over 4544 trades.

The stock hit an intraday high of Rs. 133.70 and intraday low of 123.75. The net turnover during the day was Rs. 62778494.00.

Source : Equity Bulls

Keywords

SterliteTechnologies Q4FY24 FY2024 ResultUpdate STL