Sterlite Industries Q2 net profit down at Rs 959 cr

Published on Thu, Oct 29, 2009 at 14:50 |  Source : CNBC-TV18

Updated at Fri, Oct 30, 2009 at 10:51  

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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

  

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