Integrated Filing- Financial

Sterlite Technologies Limited has reported its financial results for the quarter and nine months ended December 31, 2024. Consolidated revenue from operations stands at ₹3,892 crore, resulting in a net loss of ₹14 crore during the quarter.

EBITDA was recorded at ₹151 crore.

The company issued over 88 million equity shares at ₹113.05 each through a Qualified Institutions Placement, decreasing promoter shareholding from 53.98% to 44.18%. While management expects no significant impact from this change, the ongoing litigation against its U.S. subsidiary could pose potential risks, influencing investor sentiment toward a cautious outlook.