Sterlite Technologies shares slipped over 6% on Thursday even as the firm reported a profit of Rs 4 crore in Q2 against a loss of Rs 14 crore a year ago. Sterlite Tech shares closed 6.4% lower at Rs 114.60 in the current session against the previous close of Rs 120.30. Market cap of the firm fell to Rs 5,495 crore. Advertisement

Ankit Agarwal, MD, Sterlite Tech said, “We are entering a new phase of global growth, powered by innovation and partnerships. We are extensively engaging with our new and existing customers to expand our data centre & enterprise solutions. Our deep R&D capability and ability to co-create these solutions are unlocking new opportunities worldwide.”

However, revenue slipped 4% year-on-year to Rs 1,034 crore in the last quarter from Rs 1,074 crore in the quarter ye

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