Sterlite Industries Q2 net sales down by 7.7pct
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Friday, 30 Oct 2009
Sterlite Industries Limited announced its unaudited consolidated results for the Q2 and H1 ended September 30th 2009. Highlights:
1 Zinc and lead mined metal, aluminum and copper production at rated capacity
2. Announced 400 kilo tonne per annum smelter expansion project at Tuticorin alongwith 160 MW CPP
3. Strong balance sheet with cash, cash equivalents and liquid investments of INR 24,213 crores
4. The profit during the quarter and half year period was impacted by lower LME's and lower by product realizations which was partially offset by higher sales realization on account of depreciation of Rupee.
| Particulars | Q2'09 | Q2'08 | Change | H1'09 | H1'08 | Change |
| Net Sales | 6,085 | 6,594 | -7.7 | 10,623 | 12,364 | -14.1 |
| PBDT | 1,673 | 2,179 | -23.2 | 3,001 | 4,321 | -30.5 |
| Profit after taxes | 1,240 | 1,721 | -27.9 | 2,164 | 3,316 | -34.7 |
In INR crore
Change in %
Production Summary
| Particulars | Q2'09 | Q2'08 | change | H1'09 | H1'08 | Change |
| Aluminium | | |||||
| BALCO | 64 | 91 | -29.7 | 136 | 180 | -24.4 |
| VAL | 56 | 8 | 109 | 7 | | |
| Copper | | |||||
| Mined metal content | 5 | 6 | -16.7 | 12 | 12 | - |
| Cathodes | 91 | 81 | 12.3 | 169 | 149 | 13.4 |
| Zinc and Lead | | |||||
| Mined metal content | 193 | 188 | 2 | 375 | 346 | 9 |
| Refined metal | 152 | 134 | 14 | 307 | 279 | 10 |
In KT
(Change in %)
