Sterlite Industries (India): Metal production up 4% in Q1

Sterlite Industries (India) Limited (SIIL) today announced its unaudited consolidated results for the first quarter (“Q1”) ended 30 June 2011.

Highlights for the Quarter:

Operational Performance

• Refined Zinc production up 17% at 193,000 tonnes at Zinc – India operations
• Commissioning commenced at 100,000 tpa Dariba Lead smelter which will take HZL’s total Zinc -Lead capacity to 1,064 ktpa
• Refined silver production up 8% at 47,000 kgs
• Strong operating performance with 12% higher metal equivalent production at Zinc – International

Financial performance

• Revenues up 66% at ` 9,824 crore
• Attributable PAT up 64% at `1,640 crore, `317 crore contributed by Zinc International business
• Strong balance sheet with cash and liquid investments of `22,933 crore