Sterlite Q4 FY'2011 revenue up by 23%

Sterlite Industries (India) Limited (SIIL) reports an increase in the revenue of around Rs. 39,248 crore up 23 per cent for the fourth quarter and fiscal year 2011. Attributable profit after tax (PAT) is Rs. 5,043 crore, it is up by 35 per cent for FY 2011. There has been a total investment of Rs. 22,617 crore in this fiscal year.

An audit on the operational performance has recorded Q4 Zinc production up 29 per cent at 194,000 tonnes. The FY 2011 up by 23 per cent at 712,000 tonnes. It reports that currently two units of the 2,400 MW IPP at Jharsuguda are completely operational. As part of its expansion strategies, Sterlite Industries (India) Limited has acquired Black Mountain Mines in South Africa and Lisheen mine in Ireland.