Sterlite Technologies reports consolidated net loss of Rs 22.44 crore in the March 2022 quarter

Sales rise 7.25% to Rs 1581.97 crore

Net loss of Sterlite Technologies reported to Rs 22.44 crore in the quarter ended March 2022 as against net profit of Rs 124.40 crore during the previous quarter ended March 2021. Sales rose 7.25% to Rs 1581.97 crore in the quarter ended March 2022 as against Rs 1475.01 crore during the previous quarter ended March 2021.

For the full year,net profit declined 77.51% to Rs 61.95 crore in the year ended March 2022 as against Rs 275.47 crore during the previous year ended March 2021. Sales rose 19.25% to Rs 5754.26 crore in the year ended March 2022 as against Rs 4825.18 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1581.971475.01 7 5754.264825.18 19 OPM %5.5617.33 -9.2916.73 - PBDT54.70233.50 -77 371.36661.89 -44 PBT-36.37172.27 PL 45.85376.63 -88 NP-22.44124.40 PL 61.95275.47 -78

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