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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Sterlite Ind.I. Adr/4 IR1 | NYSE:SLT | NYSE | Ordinary Share |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 6.22 | 0.00 | 01:00:00 |
From Jul 2019 to Jul 2024
By Prasenjit Bhattacharya
NEW DELHI--Sterlite Industries Ltd (500900.BY) Thursday posted a 27% drop in its net profit for the fiscal first quarter, as it booked a mark-to-market loss on foreign-currency loans and incurred higher interest cost.
Net profit for the April-June quarter fell to 12.02 billion rupees ($214.6 million) from 16.40 billion rupees.
Sales for the flagship company of London-based diversified miner Vedanta Resources PLC (VED.LN) rose 8% to 105.91 billion rupees from 98.26 billion rupees, as it sold more copper, lead, silver and electricity.
It posted a forex loss of 2.17 billion rupees in the past quarter, while interest cost rose 47% to 2.42 billion rupees.
Write to Prasenjit Bhattacharya at prasenjit.bhattacharya@dowjones.com
Order free Annual Report for Vedanta Resources Plc
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