STERLITE TECHNLGS 
By Sterlite Technologies earns net revenues of Rs 2,727
Crores in FY 12
... Commences FY13 with confirmed orders of about Rs 2,300 Crores
NEWS RELEASE FOR IMMEDIATE PUBLICATION Pune, India - April 26, 2012: Sterlite
Technologies Limited "Sterlite" [BSE:
532374, NSE: (STRTECH), a leading global provider of
transmission solutions for the power and telecom industries,
today announced its results for the quarter and fiscal year
ended March 31, 2012.
During the quarter, the company earned revenues of Rs. 809
crores, and EBITDA of Rs. 70 Crores. During the quarter, the
Company also
received new orders valued at about
Rs 700 Crores for its telecom and
power products. The confirmed order book as on April 1, 2012
stands at about Rs 2,300 Crores, and a bulk of these orders
would be executed during FY13.
! Revenues of Rs 2,727 Crores.
! EBITDA of Rs 223 Crores, PAT of Rs
44 Crores.
- Telecom business revenues of Rs 804
Crores at an EBITDA margin of
17.3%.
-Power business revenues of Rs 1,923
Crores at an EBITDA margin of 4.4%.
- International sales revenues of about Rs 800 Crores;
approximately 30% of net revenues.
- The Board has recommended a dividend of 15% for the year,
subject to approval from shareholders..
- Good Tier-1 clients added for all businesses across
geographies.
- Market entry into new geographies like North America and
Latin America
- Sterlite places orders for Transmission lines (765 kV)
which are part of its overall BOOM portfolio of 3 UMTP
projects for supplies of equipment and
Standalone financials | Year ended | Quarter ended | |||
Standalone financials | Mar 12 | Mar 11 | Mar 12 | Dec 11 | Mar 11 |
Net income from Operations (Rs Crore) Net income from Operations (US$ Mn) | 2,727 545 | 2,263 453 | 809 162 | 664 133 | 682 136 |
EBITDA (Rs Crore) EBITDA (US$ Mn) | 223 45 | 282 56 | 70 14 | 56 11 | 49 10 |
PAT (Rs Crore) PAT (US$ Mn) | 44 9 | 141 28 | 16 3 | 9 2 | 10 2 |
Diluted EPS (Rs.) | 1.11 | 3.72 | 0.42 | 0.24 | 0.27 |
Note: Sales for Power and Telecom segment are inclusive of the 'Other operating income' attributable to these segments. The financial results report segmental revenues excluding this operating income (As per Schedule - VI of SEBI guidelines)
sterlitetechnologies.com
EPC of two 1500 MVA (765/400KV)
substations.
- Sterlite power conductors selected by PGCIL for high
voltage & green energy transmission systems
- Focused efforts in product development have lead to the
introduction of ACCC conductors,
G657 optical fiber and blown fiber optic cables
- Awards: Top 100 CISO Awards, EMC Cloud Pioneer Awards
- The Company exited the year at capacities of 160,000 MT for
power conductors and over 12 million km for optical fibers.
The capacity expansion of 20 million kms for optical fiber is
on schedule.
Sterlite's first BOOM project - The East-North
Interconnection Project is running on schedule with 60% of
the activities already completed. The second project,
Bhopal-Dhule Transmission project (BDTCL), has advanced from
the survey phase to design and engineering phase most key
orders related to this project have already been awarded. For
the third
project, which is Jabalpur Transmission project (JTCL),
orders are yet to be finalised.
Says Pravin Agarwal, Wholetime Director - Sterlite
Technologies, "We have created a structure with strong
customer driven vertical focus and have enhanced our
investment to take advantage of the opportunities we see in
the market. We continue to be a co- creation partner of
choice for our clients to capitalize on opportunities arising
out of emerging business trends. The fundamentals of our
business remain intact and we are committed to deliver value
to our
shareholders. The Board of Directors,
the Leadership Team and I continue to retain a optimistic
view of our business, its market opportunities and our vision
for the future."
'Connect every home on the planet'.
Sterlite is also executing multi-million dollar power
transmission system projects, pan-India.
Vishal Aggarwal
Investor Relations
Sterlite Technologies Limited Phone: +91.20.30514000 vishal.aggarwal@sterlite.com
Aditya Hirlekar
Corporate Communications Sterlite Technologies Limited Phone:
+91.20.30514000 aditya.hirlekar@sterlite.com
Forward-looking and cautionary statements: Certain words and statements in this release concerning Sterlite Technologies Limited and its prospects, and other statements relating to Sterlite Technologies' expected financial position, business strategy, the future development of Sterlite Technologies' operations and the general economy in India, are forward looking statements. Such
statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements of Sterlite Technologies Limited, or industry results, to differ materially from those expressed or implied by such forward-looking statements. Such forward- looking statements are based on numerous assumptions regarding Sterlite Technologies' present and future business strategies and the environment in which Sterlite Technologies Limited will operate in the future. The important factors that could cause actual results, performance or achievements to differ materially from such forward-
looking statements include, among others, changes in government policies or regulations of India and,
in particular, changes relating to the administration of Sterlite Technologies' industry, and changes in general economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Sterlite Technologies' control, include, but are not limited to, those risk factors discussed in Sterlite Technologies' various filings with the National Stock Exchange, India and the Bombay Stock Exchange, India. These filings are available at www.nseindia.com and www.bseindia.com. Assumption US$ = Rs 50.
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