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Sterlite Technologies ‘s Q3 2024-25 Latest News: Revenue Dropped by 4.61% YoY

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Highlights

🔹 The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
🔹 Sales over the Year and quarter: The company’s sales declined by -4.61 % over the year, decrease in net sales/revenue by -10.76 %.
🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -73.68 %, Marginal decrease of -16.67% in other income during this quarter.
🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Sterlite Technologies Limited. Profit dropped by -59.32 % Year to Year, Sterlite Technologies Limited’s profitability increased by 71.43 % in this quarter.
🔹 EPS over the Year and quarter: EPS declined by -66.67 % Year to Year. EPS increased by 71.43 % in previous quarter. Positive impact on shareholders.

This report meticulously dissects the performance of Sterlite Technologies Limited, offering a panoramic view of its operational success and challenges. It delves into a variety of financial metrics, such as revenue growth, profit margins, and shareholder returns, juxtaposed against the backdrop of broader economic conditions and sector-specific trends. The analysis further explores the investor community’s perception and expectations, which influence the stock’s volatility and potential returns. By providing a forecast based on quantitative analyses and market sentiment, the report aims to outline the potential risks and rewards, guiding investors toward making strategic, data-driven investment choices.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 1322 Cr Rs. 1413 Cr Rs. 1261 Cr -10.76 % -4.61 %
Expenses Rs. 1232 Cr Rs. 1268 Cr Rs. 1133 Cr -10.65 % -8.04 %
Operating Profit Rs. 90 Cr Rs. 145 Cr Rs. 128 Cr -11.72 % + 42.22 %
OPM % 6.81 % 10.26 % 10.15 % -0.11 % + 3.34 %
Other Income Rs. 19 Cr Rs. 6 Cr Rs. 5 Cr -16.67 % -73.68 %
Interest Rs. 94 Cr Rs. 84 Cr Rs. 83 Cr -1.19 % -11.7 %
Depreciation Rs. 84 Cr Rs. 83 Cr Rs. 84 Cr + 1.2 % + 0 %
Profit before tax Rs. -69 Cr Rs. -16 Cr Rs. -34 Cr -112.5 % + 50.72 %
Tax % -24.64 % -18.75 % -32.35 % -13.6 % -7.71 %
Net Profit Rs. -59 Cr Rs. -14 Cr Rs. -24 Cr -71.43 % + 59.32 %
EPS in Rs Rs. -1.44 Rs. -0.28 Rs. -0.48 -71.43 % + 66.67 %


Today, we’re looking at Sterlite Technologies Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -4.61 %. However, it did see a marginal slip of -10.76 % from the previous quarter. Expenses decreased slightly by -10.65 % quarter-on-quarter, aligning with the annual decline of -8.04 %. Operating profit, while up 42.22 % compared to last year, faced a quarter-on-quarter dip of -11.72 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.34 %, but a shrinkage of -0.11 % sequentially. Other income fell by -16.67 % compared to the last quarter, despite an annual decline of -73.68 %. Interest expenses dropped significantly by -1.19 % from the previous quarter, yet the year-over-year decrease remains at a moderate -11.7 %. Depreciation costs climbed by 1.2 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 50.72 % but saw a reduction from the preceding quarter by -112.5 %.
Tax expenses as a percentage of profits decreased slightly by -7.71 % compared to last year, with a more notable quarter-on-quarter decrease of -13.6 %. Net profit rose by 59.32 % year-on-year but witnessed a -71.43 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 66.67 % but a quarterly fall of -71.43 %. In summary, Sterlite Technologies Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 1322 Cr Rs. 1413 Cr Rs. 1261 Cr -10.76 % -4.61 %
Expenses Rs. 1232 Cr Rs. 1268 Cr Rs. 1133 Cr -10.65 % -8.04 %
Operating Profit Rs. 90 Cr Rs. 145 Cr Rs. 128 Cr -11.72 % + 42.22 %
Net Profit Rs. -59 Cr Rs. -14 Cr Rs. -24 Cr -71.43 % + 59.32 %
EPS in Rs Rs. -1.44 Rs. -0.28 Rs. -0.48 -71.43 % + 66.67 %


In reviewing Sterlite Technologies Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.61 % year-on-year, although there was a slight dip of -10.76 % from the previous quarter. Expenses decreased by -8.04 % compared to the previous year, with a decrease of -10.65 % quarter-on-quarter. Operating Profit surged by 42.22 % annually, and saw a -11.72 % decrease from the last quarter.
Net Profit showed yearly increase of 59.32 %, and experienced a -71.43 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 66.67 % annually, however dipped by -71.43 % compared to the last quarter. In essence, while Sterlite Technologies Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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