Sterlite Technologies -4QFY21 Result Update by Mr. Amarjeet Maurya, Angel Broking
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Below are Views On Sterlite Technologies -4QFY21 - Result Update by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
During the 4QFY21, Sterlite Technologies Ltd (STL) reported revenue of ~Rs1,475cr (up 27% YoY) which supported by strong export growth ~42%.On the EBITDA front, the company has reported Rs273cr and EBITDA margin at 18.5%, which is down by 97bps yoy due to higher expenditure. On the bottom-line front, PAT grew by ~55% to Rs124cr on the back of lower interest and depreciation costs.
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