Sterlite Tech net profit jumps 65% to Rs 87 crore in December quarter

NEW DELHI: Broadband solutions provider Sterlite Technologies Ltd (STL) on Wednesday reported a 65% jump in consolidated net profit to around Rs 87 crore for the quarter ended December 2020. The company had posted a net profit of around Rs 53 crore in the corresponding quarter of the previous financial year. Its consolidated revenue during October-December 2020 grew 9.2% to Rs 1,314.44 crore, compared with Rs 1,202 crore in the year-ago period.

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