Sterlite Technologies Limited has posted its financial results for the second quarter of 2012.
The company has registered net revenue of Rs 17.08 billion for the period under consideration. The company has reportedly registered consistent year on year growth in its core businesses. For the second quarter of the year, the company’s EBITDA stood at Rs 0.54 billion.
Sterlite Technologies Limited received orders worth Rs 7.2 billion and it added new customers primarily in the Middle East region. It also bagged orders as part of Argentina’s National Broadband Plan.
Commenting on the results, Pravin Agarwal, whole-time director, Sterlite Technologies Limited, says, “Sterlite is well positioned to help our customers formulate value-enhancing solutions and we believe the current economic climate will continue to create significant medium and long-term growth opportunities for the company.”
