Sterlite Ind Q4 net at Rs 306.45 cr

New Delhi, Apr 27 (UNI) Sterlite Industries India Ltd, the flagship company of the Vedanta Group, said its net profit has increased to Rs 306.45 crore during the quarter ending March 2008, from Rs 209.18 crore over the same period last fiscal.

Total income has increased to Rs 3,617.35 crore for fourth quarter ending March 2008 from Rs 3,073.10 crore during the corresponding quarter a year ago.

The company, one of the country's leading copper producer, has posted a net profit of Rs 951.63 crore for the year ended March 2008, where as the same was at Rs 784.03 crore for the year ended March 2007.

Its total income stood at Rs 13,274.37 crore for the year ended March 2008 from Rs 12,027.26 crore for fyot.

The Group's consolidated net profit has gone up to Rs 1,318.41 crore for the quarter ended March 2008, from Rs 1,143.22 crore for the quarter ended March 2007.

Its consolidated total income stood at Rs 7,357.66 crore for the quarter ended March 2008, where as the same was at Rs 6,500.08 crore for the quarter ended March 2007.

The Group's net profit for the year ended March 2008 stood at Rs 4,399.37 crore, where as the same was at Rs 4,386.23 crore for the year ended March 2007.

Its consolidated total income is Rs 26,271.48 crore for the year ended March 2008, where as the same was at Rs 2,068.52 crore for the year ended March 2007.

Sterlite Industries said its Board of Directors at its meeting held has proposed a dividend of 200 per cent for the financial year 2007-2008 on its equity shares, subject to the approval of the shareholders.

UNI SBA AK KP1524