Cost pressures restrict Sterlite Q2 profit to Rs 1,008 crore
Edited by : AL CIRCLE
1 min read
...Sterlite Industries today posted a 5 per cent jump in second quarter profit to Rs 1,008 crore, even as high input costs took a toll on its bottomline.
"There was high cost pressure as a result of the increase in coal prices and the need to import alumina," Vedanta Resources CEO M S Mehta said during an analyst call conference after announcing the results...