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FINWIRES

Sterlite Technologies Returns to Profit in Fiscal Q4

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-- Sterlite Technologies (NSE:STLTECH, BOM:532374) returned to attributable consolidated net profit of 590 million Indian rupees in the fiscal fourth quarter ended March 31, from a loss of 400 million rupees a year ago.

Earnings per share stood at 1.17 rupees compared with a loss per share of 0.84 rupees, according to a Wednesday filing by the optic fiber cables manufacturer to the stock exchanges.

Revenue from operations in fiscal Q4 increased to 14.4 billion rupees from 10.5 billion rupees a year earlier.

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