High debt, project delays mar Sterlite Power Transmission’s quest for profit

By Aman Malik

  • 15 Jul 2020
Premium
Credit: Pixabay

At first glance, Sterlite Power Transmission Ltd appears to be on a roll. Its business grew, revenue rose, asset size jumped and debt dropped in the four years through March 2019. But there is more than what meets the eye. Between 2015-16 and 2018-19, the company’s consolidated top line rose by ......

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