Sterlite Technologies Limited. Q4 results show revenue rise from 1893 to 1896 crores, a 0.16% increase in growth. EPS also rise from ₹1.95 to ₹2.07, up by 6.15%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Sterlite Technologies Ltd. shared its Q4 results on Wednesday. They earned 1896 crores in revenue this quarter, but that’s higher than the 1893 crores they made last quarter. The company’s growth increased by 0.16 percent when comparing the two quarters.
In terms of profits, Sterlite Technologies Ltd’s PAT (Profit After Tax) for this quarter was 65 crores, up from 50 crores in the previous quarter. Their quarter-to-quarter growth inclined by 30 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹2.07, which is an increase of 6.15% from the ₹1.95 EPS in the previous quarter.
Also read: ☞ ” Jubilant FoodWorks Q4FY23 Results: Consolidated PAT of Rs 28.5 Cr “
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 6966 crores this year (2023), which is 26.77 percent higher than last year’s total revenue of 5495 crores.
This year’s PAT (Profit After Tax) is 141 crores, which is also 135% higher than last year’s PAT of 60 crores.
The EPS (Earnings Per Share) for this year is ₹6.15, which is 52.61% more than the EPS of ₹4.03 earned last year.
Sterlite Technologies Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹1 per Equity Share of Face Value of ₹2 each of the Company (50% of Face Value). Total Dividend for FY23 stood at ₹0.50 per Equity Share (Interim Dividend of ₹2 per Equity Share)
| Dividend | Record Date |
| ₹1 per Equity Share | Coming Soon |
The record date for the dividend has not arrived yet.
About Sterlite Technologies:
Headquartered in Mumbai, Sterlite Technologies Limited is an Indian company specializing in optical and digital solutions. The company is listed on both the Bombay Stock Exchange and the National Stock Exchange of India, reflecting its strong presence in the market. With an impressive portfolio of 636 patents, Sterlite Technologies operates across more than 150 countries, showcasing its global reach and innovative capabilities.
Download Full PDF Q4 Results of Sterlite Technologies: Click Here
For more of the Latest News, Click Here
One thought on “Sterlite Technologies Q4FY23 Results: Consolidated PAT Rises at Rs 65 Cr”