Sterlite Industries Ltd. (500900.BY) Monday said its first-quarter consolidated net profit rose 50% to INR10.08 billion from INR6.73 billion a year earlier.

Sales for the April-June period rose to INR59.25 billion from INR45.80 billion, the Indian mining company said.

Total costs were also higher at INR46.90 billion, compared with INR36.64 billion.

The company didn't immediately give any reason for the jump in profit and sales.

-By Swansy Afonso, Dow Jones Newswires; 91-22-61456-106; swansy.afonso@dowjones.com

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