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Sterlite gains after Jan-March earnings beat street estimates

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Reuters MUMBAI

MUMBAI (Reuters) - Shares in Sterlite Industries (India) Ltd rose 2.4 percent in early morning trade after its January-March profit beat consensus estimates by a wide margin.

Sterlite Industries March-quarter profit rose by 50.74 percent to 19.25 billion rupees versus a consensus forecast of 13.60 billion rupees.

(Reporting by Abhishek Vishnoi; Editing by Anupama Dwivedi)

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First Published: Apr 30 2013 | 9:31 AM IST

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