Sterlite Tech Q2 profit dips 63% to Rs 58 crore hurt by lower revenue
NEW DELHI: Data network solutions provider Sterlite Technologies on Thursday posted over 63 per cent year-on-year decline in consolidated net profit for the second quarter ended September 2020 at Rs 58.5 crore, hurt by lower revenue and higher mix of service business. However, the profit and revenue in September quarter were substantially higher sequentially, and […]
Sterlite Tech aims 10% global fibre market share by June 2020
NEW DELHI: Broadband technology provider Sterlite Tech is looking at commanding 10 per cent share of the global fibre market by June 2020, company’s chief executive Anand Agarwal said Monday. The company is also focussed on enhancing production capacity of optical fibre and optical fibre cables. “We are now looking to move fibre market share […]