New Delhi, Apr 23: Sterlite Industries India Limited has recorded a 19.7 per cent surge in net profit during the third quarter of its financial year (July-June) to touch Rs 37.58 crore from Rs 31.39 crore in the same period last year.Sales stood at Rs 510.07 crore (Rs 375.13 crore), up 36 per cent. The growth net was lower as compared to the growth in its sales because of higher depreciation of Rs 20.02 crore in the latest quarter, as compared with Rs 6.66 crore in the same period last year.
The company's profit before interest, depreciation and tax stood at Rs 76.82 crore (Rs 38.82 crore) while gross profit was Rs 57.60 crore (Rs 38.05 crore).
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