Sterlite Technologies Q4 Results Live : Sterlite Technologies announced their Q4 results on 08 May, 2024, revealing a topline decrease of 39.2% and a loss of ₹82 crore. This marks a significant downturn compared to the profit of ₹67 crore in the same period of the previous fiscal year.
The company also experienced a 13.77% decline in revenue compared to the previous quarter.
Selling, general & administrative expenses saw a notable decline of 19.76% quarter-on-quarter and 23.11% year-on-year.
Operating income took a hit, decreasing by 633.33% quarter-on-quarter and 118.08% year-on-year.
The EPS for Q4 is reported at ₹-2.05, reflecting a 200.61% decrease year-on-year.
Sterlite Technologies’ stock performance has been lackluster, with returns of -9.35% in the last week, -9.61% in the last 6 months, and -12.71% year-to-date.
Currently, the company has a market capitalization of ₹6077.59 crore, with a 52-week high/low of ₹179.05 and ₹110.1 respectively.
Analysts covering Sterlite Technologies have mixed ratings as of 10 May, 2024, with 1 analyst rating it as a Strong Sell, 1 as Buy, and 1 as Strong Buy.
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1140 | 1322 | -13.77% | 1875 | -39.2% |
| Selling/ General/ Admin Expenses Total | 203 | 253 | -19.76% | 264 | -23.11% |
| Depreciation/ Amortization | 85 | 84 | +1.19% | 78 | +8.97% |
| Total Operating Expense | 1172 | 1316 | -10.94% | 1698 | -30.98% |
| Operating Income | -32 | 6 | -633.33% | 177 | -118.08% |
| Net Income Before Taxes | -106 | -68 | -55.88% | 114 | -192.98% |
| Net Income | -82 | -57 | -43.86% | 67 | -222.39% |
| Diluted Normalized EPS | -2.05 | -1.23 | -67.15% | 2.04 | -200.61% |
FAQs
Question : What is the Q4 profit/Loss as per company?
Ans : ₹-82Cr
Question : What is Q4 revenue?
Ans : ₹1140Cr
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Published: 10 May 2024, 02:50 AM IST
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