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Sterlite Technologies Ltd (STTE.NS)

STTE.NS on National Stock Exchange of India

28 Apr 2017
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Rs2.05 (+1.41%)
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Latest Key Developments (Source: Significant Developments)

Sterlite Technologies March-qtr consol profit up 19 pct
Wednesday, 26 Apr 2017 07:05am EDT 

April 26 (Reuters) - Sterlite Technologies Ltd :Says recommended final dividend of INR 0.75 per share.March quarter consol net profit 686.7 million rupees.March quarter consol revenue from operations 7.07 billion rupees.Says approved capacity expansion to 50 million FKM.Consol net profit in March-quarter last year was 575.8 million rupees as per Ind-AS; consol revenue from operations was 6.14 billion rupees.  Full Article

Sterlite Technologies June-qtr profit up 30 pct
Monday, 25 Jul 2016 03:16am EDT 

Sterlite Technologies Ltd : Says June-quarter revenue 5.65 billion rupees, up 22 percent . Says June-quarter profit after tax 400 million rupees, up 30 percent . Order book stands at 21 billion rupees . Advances capacity expansion plans on increased visibility of demand . Current phases of smart city projects in Gandhinagar and Jaipur are close to completion .  Full Article

Sterlite Technologies March-qtr profit up about 33 pct
Thursday, 26 May 2016 05:07am EDT 

Sterlite Technologies Ltd : Says March-quarter net profit after tax 519 million rupees;March-quarter total income from operations 5.76 billion rupees . Recommends dividend at 50 percent .  Full Article

Sterlite Technologies wins Jaipur smart city phase-II project
Wednesday, 11 May 2016 01:08am EDT 

Sterlite Technologies Ltd : Co has won the Jaipur smart city phase - II project; project is slated for completion within six months from date of contract .  Full Article

Sterlite Technologies Ltd completes the acquisition of Elitecore Technologies
Wednesday, 30 Sep 2015 02:53am EDT 

Sterlite Technologies Ltd:Announces completes the acquisition of Elitecore Technologies.  Full Article

Sterlite Technologies acquires Elitecore Technologies
Tuesday, 22 Sep 2015 10:53pm EDT 

Sterlite Technologies Ltd:Sterlite Technologies announces acquisition of global telecom software company elitecore technologies.Acquisition for an overall enterprise value of about 1.8 billion rupees in an all cash deal.Elitecore's portfolio enables Sterlite to serve telco operators' mission critical applications.Transaction is expected to be value accretive by FY 2017.Upon completion of the transaction, elitecore technologies is proposed to be merged into Sterlite Technologies.Sterlite was advised by Cyril Amarchand Mangaldas on legal matters, PWC on financial diligence.Sterlite was advised by EY on taxation matters and KPMG on transaction structuring matters.  Full Article

Sterlite Technologies Ltd recommends final dividend
Monday, 18 May 2015 03:50am EDT 

Sterlite Technologies Ltd:Recommends final dividend of 30 pct (0.60 Indian rupee on equity shares of 2 Indian rupee each of company) for approval by shareholders of company.Dividend, if declared in AGM will be paid within statutory time limits.  Full Article

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