Sterlite Ind posts Rs.11.51 billion net profit

July 28th, 2008 - 9:01 pm ICT by IANS  

Mumbai, July 28 (IANS) Anil Agarwal promoted Sterlite Industries India Ltd has posted a consolidated net profit of Rs.11.51 billion during the first quarter this fiscal, marginally up from the Rs.11.42 billion that the company earned in the comparable period last fiscal, a company statement said Monday. For the quarter ending June, total income decreased to Rs.61.72 billion from Rs.64.89 billion in the corresponding quarter last year, the regulatory statement said.

On stand-alone basis, the net profit of Sterlite Industries has gone up to Rs.3.57 billion this quarter from Rs.2.01 billion in the same period last year, the statement said.

Total revenues, however, slipped to Rs.31.42 billion this quarter, down from Rs.31.65 billion in the comparable period last fiscal, the statement said.

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