Sterlite Industries Q2 net profit down at Rs 959 cr

Sterlite Industries has announced its second quarter FY10 results. Its net profit went down to Rs 959 crore as against Rs 1,277 crore, on year-on-year basis (YoY).

Net sales declined to Rs 6,085 crore from Rs 6,594 crore (YoY).

Bottomline and topline numbers were above the street estimates. CNBC-TV18 was expecting net profit at Rs 791 crore and net sales at Rs 5,572 crore.

Particulars	Sept-09	Jun-09	Mar-09	Dec-08
Net Sales / Interest Earned / Operating Income	3617.71	2366.73	2331.68	2594.27
Other Income	221.03	183.99	183.12	183.85
Total Income	3838.74	2550.72	2514.8	2778.12
Expenditure	-3515.57	-2314.83	-2179.69	-2497.67
Interest	-43.14	-53.36	-50.24	-70.07
Profit Before Depreciation and Tax	280.03	182.53	284.87	210.38
Depreciation	-37.67	-37.18	-57.7	-36.47
Profit before Tax	242.36	145.35	227.17	173.91
Tax	-32.85	-32.65	-15.61	30.1
Net Profit	209.51	112.7	211.56	204.01
Equity Capital	168.08	141.7	141.7	141.7