Sterlite Technologies reports consolidated net loss of Rs 112.7 million for the quarter ended June 2015

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Sterlite Technologies reports consolidated net loss of Rs 112.7 million for the quarter ended June 2015

July 24, 2015

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Sterlite Technologies has reported consolidated net loss of Rs 112.7 million for the quarter ended June 2015. The total revenues increased by 73 per cent year-on-year to reach Rs 9.75 billion for the quarter ended June 2015. Of this, telecom business contributed to revenues of Rs 4.24 billion, while the power business contributed to revenues of Rs 5.37 billion.

The company's total order book stood at Rs 42.05 billion as of June 30, 2015, with the telecom order book at Rs 20.87 billion.. Nearly 83 per cent of the order book is domestic, reflecting the underlying communication and power infrastructure being built out in India.