{"id":143087,"date":"2023-03-01T07:43:01","date_gmt":"2023-03-01T12:43:01","guid":{"rendered":"https:\/\/44.250.171.167\/?p=143087"},"modified":"2023-03-01T07:43:02","modified_gmt":"2023-03-01T12:43:02","slug":"sterlite-technologies-limited-q3fy23-earnings","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/sterlite-technologies-limited-q3fy23-earnings\/","title":{"rendered":"Sterlite Technologies Limited Q3FY23 Earnings"},"content":{"rendered":"\n<p>Once the telecom section of Sterlite Industries Ltd. demerged, <a href=\"https:\/\/44.250.171.167\/symbol\/stltech\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sterlite Technologies Ltd<\/a> was founded in July 2001. (SIL). In order to enter the market for power transmission cables, STL purchased the transmission line division of SIL in July 2006. The largest producer of optical fibre and optical fibre cables in the nation is STL, which has expanded throughout the years. The business is well-established in the international optical fibre industry and has a sizable presence there as well.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>In comparison to the net loss of Rs 138 crore in Q3 FY22, Sterlite Technologies\u00a0<a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachHis\/8ad17e66-dfa4-4a77-bd11-facee1a99fab.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">reported<\/a> a consolidated net profit of rupees 50 crores in Q3 FY23.<\/p>\n\n\n\n<p>In the three months that ended on December 31, 2022, revenue from operations increased 46.23 percent to \u20b9 1,882 crore from \u20b9&nbsp;1,287 crore reported in Q3 FY22.<\/p>\n\n\n\n<p>In Q3 FY23, the firm declared a PBT&nbsp;of \u20b9 97 crores as opposed to a pre-tax loss of Rs 142 crore during the same period in the previous year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Once the telecom section of Sterlite Industries Ltd. demerged, Sterlite Technologies Ltd was founded in July 2001. (SIL). In order to enter the market for power transmission cables, STL purchased the transmission line division of SIL in July 2006. The largest producer of optical fibre and optical fibre cables in the nation is STL, which [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":134544,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,10444,6352],"tags":[10487,11788,9731],"class_list":["post-143087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-others","category-research-summary","tag-cables","tag-optical-fibre","tag-power-transmission"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":146484,"url":"https:\/\/alphastreet.com\/india\/sterlite-technologies-ltd-q4fy23-results-out-revenue-grows-by-25\/","url_meta":{"origin":143087,"position":0},"title":"Sterlite Technologies Ltd Q4FY23 results out, revenue grows by 25%","author":"Chirag Gupta","date":"May 17, 2023","format":false,"excerpt":"Sterlite Technologies Limited was established in July 2001 after the demerger of the telecom division of Sterlite Industries Ltd (SIL). In July 2006, STL acquired the transmission line business of SIL to foray into the power transmission cables business. STL has grown over the years to become the largest Optical\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":156746,"url":"https:\/\/alphastreet.com\/india\/sterlite-technologies-ltd-q2fy24-20-fall-in-profits\/","url_meta":{"origin":143087,"position":1},"title":"Sterlite Technologies Ltd Q2FY24; 20% fall in Profits","author":"Chirag Gupta","date":"November 28, 2023","format":false,"excerpt":"Sterlite Technologies Limited was established in July 2001 after the demerger of the telecom division of Sterlite Industries Ltd (SIL). In July 2006, STL acquired the transmission line business of SIL to foray into the power transmission cables business. STL has grown over the years to become the largest Optical\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-348.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-348.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-348.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-348.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-348.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-348.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150139,"url":"https:\/\/alphastreet.com\/india\/sterlite-technologies-ltd-q1fy24-2-rise-in-revenue\/","url_meta":{"origin":143087,"position":2},"title":"Sterlite Technologies Ltd Q1FY24; 2% rise in Revenue","author":"Chirag Gupta","date":"July 27, 2023","format":false,"excerpt":"Sterlite Technologies Limited was established in July 2001 after the demerger of the telecom division of Sterlite Industries Ltd (SIL). In July 2006, STL acquired the transmission line business of SIL to foray into the power transmission cables business. 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In July 2006, STL acquired the transmission line business of SIL to foray into the power transmission cables business. STL has grown over the years to become the largest Optical\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-51.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-51.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-51.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-51.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-51.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-51.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":159842,"url":"https:\/\/alphastreet.com\/india\/sterlite-technologies-ltd-q3fy24-30-fall-in-revenue\/","url_meta":{"origin":143087,"position":4},"title":"Sterlite Technologies Ltd Q3FY24; 30% fall in Revenue","author":"Chirag Gupta","date":"March 14, 2024","format":false,"excerpt":"Sterlite Technologies Limited was established in July 2001 after the demerger of the telecom division of Sterlite Industries Ltd (SIL). In July 2006, STL acquired the transmission line business of SIL to foray into the power transmission cables business. STL has grown over the years to become the largest Optical\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-148.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-148.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-148.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-148.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-148.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-148.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":177618,"url":"https:\/\/alphastreet.com\/india\/sterlite-technologies-q3-fy26-earnings-results\/","url_meta":{"origin":143087,"position":5},"title":"Sterlite Technologies Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 26, 2026","format":false,"excerpt":"Sterlite Technologies Limited was established in July 2001 after the demerger of the telecom division of Sterlite Industries Ltd (SIL). 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