Sterlite Technologies Q4 results : loss at ₹82Cr, Revenue decreased by 39.2% YoY
₹82 crore. This marks a significant downturn compared to the profit of ₹67 crore in the same period of the previous fiscal year.
The company also experienced a 13.77% decline in revenue compared to the previous quarter. Selling, general & administrative expenses saw a notable decline of 19.76% quarter-on-quarter and 23.11% year-on-year.
Operating income took a hit, decreasing by 633.33% quarter-on-quarter and 118.08% year-on-year. The EPS for Q4 is reported at ₹-2.05, reflecting a 200.61% decrease year-on-year.
Sterlite Technologies' stock performance has been lackluster, with returns of -9.35% in the last week, -9.61% in the last 6 months, and -12.71% year-to-date. Currently, the company has a market capitalization of ₹6077.59 crore, with a 52-week high/low of ₹179.05 and ₹110.1 respectively.
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