This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Sterlite Industries (India) Limited Audited Consolidated Results For The Fourth Quarter And Year Ended 31 March 2011

Sterlite Industries (India) Limited (“SIIL” or the “Company”) today announced its audited consolidated results for the fourth quarter (“Q4”) and year ended (“FY 2011”) 31 March, 2011.

Highlights

Operational Performance

  • Record Q4 Zinc production up 29% at 194,000 tonnes; and FY 2011 up 23% at 712,000 tonnes
  • Two units of the 2,400 MW IPP at Jharsuguda operational
  • Completed acquisition of Black Mountain Mines in South Africa and Lisheen mine in Ireland

Financial performance

  • Revenues at ` 30,248 crore up 23% for FY 2011
  • Attributable PAT at ` 5,043 crore up 35% for FY 2011
  • Strong balance sheet with cash and liquid investments of ` 22,617 crore

Financial Highlights

 

(In ` crore, except as stated)

Particulars Quarter ended

31 March

  Change   Year Ended

31 March

  Change
  2011   2010   %   2011   2010   %
Net Sales/Income from operations 10,000   7,147   39.9   30,248   24,501   23.4
Profit before interest, depreciation & taxes 3,784   2,674   41.5   10,522   7981   31.8
Interest 104   2       301   292    
Depreciation 352   225       1,030   750    
Taxes 566   468       1,811   1,233    
Profit After Taxes 2,730   1981   37.8   7,322   5,409   35.4
Minority Interest 725   554       1,995   1,724    
Share in Profit/(Loss) of Associate (80)   (1)       (285)   59    
Attributable PAT after exceptional item 1,925   1,425   35.1   5,043   3,744   34.7
Earnings per Share (EPS) (` /share)* 5.73   4.24       15.0   11.7    

*Not Annualised

Dividend :

The Board recommended a dividend of Rs 1.10 per share on increased capital following 1:1 bonus issue for the year 2010-11. The total dividend outgo for the year is ` 429.71 crore as against ` 367.49 crore during the previous year.

1 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs