Today, Vedanta group organization Sterlite Industries reported a development of above five per cent in its combined net earnings for the subsequent quarter closing September 30.

Sterlite Industries has recorded a net profit of Rs 1,008.03 crore during the month of September quarter of the recent financial as next to Rs 958.85 crore in the similar period previous fiscal, the group expressed in a report to the Bombay Stock Exchange.

On the other hand, the overall income of Sterlite for the subsequent quarter turned down to Rs 6,084.35 crore as next to Rs 6,142.14 crore in the similar quarter of preceding fiscal.

The group share was dealing at Rs 171.25 on BSE, downward by 0.64 per cent from the preceding close.

Sterlite Industries (India) Ltd., the country’s major copper producer, posted a less-than- anticipated 5 percent hike in the subsequent-quarter earnings due to the higher costs.

Net income stepped up by 10.1 billion rupees ($227 million) in the three months closing Sept. 30 from 9.59 billion rupees a year preceding, today the division of Vedanta Resources Plc expressed in a declaration to the Bombay Stock Exchange.