*Sterlite Industries (India)* disclosed a sharp drop in standalone net profit for the quarter ended December 2008. During the quarter, the profit of the company declined 11.63% to Rs 2,040.10 million from Rs 2,308.50 million in the same quarter last year.
Net sales declined marginally 1.53% to Rs 25,942.70 million, while total income for the quarter fell marginally 0.59% to Rs 27,781.20 million, when compared with the prior year period. The company reported earnings of Rs 2.88 a share during the quarter, registering 17.24% decline over previous year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 25,942.70 26,345.50 (1.53) *Net Profit* 2,040.10 2,308.50 (11.63) *Basic EPS* 2.88 3.48 (17.24) During the quarter, interest cost increased 72.20% to Rs 700.70 million while depreciation cost rose 5.13% to Rs 364.70 million over previous year period. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
