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STLTECH
Q2 Results: Net Profit Soars 162% QoQ to ₹517 Crore; Revenue Climbs 32.4%
Sterlite Technologies delivered a strong quarter-on-quarter performance, reporting a significant increase in profitability and revenue during Q2.
🔥 KEY HIGHLIGHTS
🔹 Net Profit: Rose to ₹517 crore from ₹197 crore in the previous quarter, registering growth of approximately 162%.
🔹 Revenue: Increased 32.4% QoQ to ₹2,529 crore compared with ₹1,910 crore.
🔹 EBITDA: More than doubled to ₹812 crore from ₹385 crore.
🔹 EBITDA Margin: Improved to 32.1% from 20.2% in the preceding quarter.
📊 STOCK MARKET UPDATE
🔹 Current Price: ₹794.00
🔹 Price Change: Down ₹7.50 (-0.94%)
🔹 Intraday High: ₹840.00
🔹 Intraday Low: ₹761.45
🔹 Trading Volume: 1,54,723 shares, around 21.6% higher than the five-day average of 1,27,256 shares.
Market View: The company reported substantial sequential growth in revenue, EBITDA and net profit. Investors may track the sustainability of margin improvement and the stock’s price movement following the results.
#SterliteTechnologies #Q2Results #StockMarket #IndianStocks #NSE #BSE
Disclaimer: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.#WatchOutFor#StockInNews
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