Sterlite Technologies earnings miss forecasts, shares rise 11%
pre-market1 source ↓written by the desknot a recommendation
- ₹1.11
- over the past
- 11% to ₹295
- year-over-year
- 30% increase
- per share
- ₹7.65
Sterlite Technologies Limited reported revenue of ₹48b, exceeding expectations, but earnings per share missed by 18% at ₹1.11. Despite this, shares surged 11% to ₹295 over the past week. Analysts forecast revenues of ₹62.3b for 2027, indicating a 30% increase year-over-year, with earnings expected to rise 567% to ₹7.65 per share.
Not investment advice. For informational purposes only.