financial results with results press release, investor update & limited review report for june 30,...

8/20/2019 Financial Results with Results Press Release, Investor Update & Limited Review Report for June 30, 2015 [Compa…

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Sterlite Technologies Limited – Q1, FY16 Investor Note (July 23, 2015)Registered office: Survey No. 68/1, Rakholi Village, Madhuban Dam Road, Silvassa - 396 230, Union Territory of Dadra & Nagar Haveli, INDIAPhone: +91 20 30514000, Fax: +91 20 30514113

www.sterlitetechnologies.com | CIN: L 31300DN2000PLC000340

Page 1

KEY HIGHLIGHTS

Revenues for the Q1 FY16 were at Rs 975 crores an increase of 73% as compared to the same period

last year. Telecom and Power business contributed Rs 424 crores and Rs 537 crores respectively

EBITDA for the quarter stood at Rs 119 Crores a 67% increase YoY driven by strong performance in the

Telecom business and a recovery in the Power business. The Telecom business continued its robust run-

rate as it contributed Rs 100 crores while the Power business contributed Rs 19 Crores.

Total order book as of 30th June was at Rs 4,205 crores with the Telecom order book at Rs 2,087

crores and Power at 2,118 crores. Nearly 83% of the order book is domestic focused reflecting the

underlying communication and power infrastructure being built out in India.

Successfully commissioned the final elements of the BDTCL transmission line which will benefit

nearly a million households in the states of Madhya Pradesh, Maharashtra and Gujarat. Sterlite Grid nowhas 2 fully operational projects and 4 under various stages of construction in its portfolio. Post the end

of the quarter, we have won our 7th transmission grid project, the Maheshwaram project in

Hyderabad, a 765KV line that should generate Rs55 crores of levelised tariff

Demerger proceedings continuing and expected to close in Q4 2016 subject to approvals by the High

Court, SEBI, shareholders and creditors of STL and other relevant regulatory authorities.

PRODUCTS BUSINESS – VOLUME TRENDS

Q1 FY 16 Q4 FY 15 Q1 FY 15 FY 15OF including China JV (Million fkm) 4.5 4.9 3.9 17.7

OF (Million fkm) 3.2 3.6 3.0 13.1

OFC (Million fkm) 1.8 2.3 1.8 7.7

Conductors (MT) 30,347 27,396 8,794 77,996

Optical fiber and optical fiber cable volumes were at 4.5m fkm and 1.8m fkm down 7% and 23% as

compared to the previous quarter. The decline this quarter was primarily on account of lower offtake in

the first quarter for telcos and Government projects in the country. On a y-o-y basis, optical fiber

volumes increased by 15%, while optical fiber cable sales were flat.

Previously announced optical fiber cable capacity expansion from 8m fkm to 15m fkm continues to

progress well and we expect to complete the expansion during Q4 FY16.

Conductor volumes returned to a more normalized range and were at 30,347MT an increase of 11%

QoQ.

STERLITE TECHNOLOGIES LIMITEDQ1 2015-16 INVESTOR UPDATE

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Page 2

COMPANY PERFORMANCE (STANDALONE FINANCIALS)

Profit & Loss Statement (INR Cr)

Q1 FY 16 Q4 FY 15 Q1 FY 15 FY 15

Sales 975 979 564 3,030

EBITDA 119 131 71 386

EBITDA % 12% 13% 13% 13%

Depreciation 29 27 27 108

EBIT 91 104 45 278

EBIT % 9% 11% 8% 9%

Interest 62 56 30 179

PBT 29 48 15 99

Tax 8 9 5 15

Effective tax rate 29% 19% 37% 15%

PAT 20 39 9 84

PAT % 2% 4% 2% 3%

Revenue for Q1 FY16 was at Rs 975 crore almost similar levels as Rs 979 crore the previous quarter and

as compared to the same quarter last year they were up 73%. Overall nearly 24% of the revenues

were from export markets

EBITDA for the quarter was at Rs119 crores against Rs 131 crores in the previous quarter, which

included one off other income of Rs.14 crores in the previous quarter. On a y-o-y basis EBITDA grew by67%. Overall EBITDA margins remain consistent.

The overall net debt for the standalone business was at Rs1,595 crores vs Rs 1,377 crore. The

increase was primarily on account of increased working capital requirements for our services business.

The interest expenses for the quarter were at Rs. 62 crores vs. Rs. 56 crores in the previous quarter due

to this increased borrowing.

Telecom Products and Solutions Segment (INR Cr)

Q1 FY 16 Q4 FY 15 Q1 FY 15 FY 15Sales 424 467 322 1,487

EBITDA 101 112 70 345

EBITDA % 24% 24% 22% 23%

Depreciation 19 19 19 76

EBIT 82 93 50 269

EBIT % 19% 20% 16% 18%

Capital employed 1,283 1,179 1,097 1,179

ROCE % 25% 31% 18% 23%



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Page 3

Revenues for the quarter were at Rs 424 crores, up 32% as compared to the same quarter last year and

down 9% as compared to Q4 FY15. Telecom business included nearly Rs 60 crore of services component

from the NFS project.

The EBITDA margins remained stable at 24%

Power Products and Solutions Segment (INR Cr)

Q1 FY 16 Q4 FY 15 Q1 FY 15 FY 15Sales 537 495 229 1,473EBITDA 19 19 2 41

EBITDA % 3% 4% 1% 3%Depreciation 9 8 7 32EBIT 9 11 (6) 9

EBIT % 2% 2% -3% 1%

Capital employed 415 323 435 323ROCE % 9% 14% -5% 3%

Revenues improved by 8% this quarter on the back of a 11% increase in product volumes sold. In

addition to product sales we have seen good traction on our power solutions business, completing 2 re-

conductoring projects .

EBITDA for the quarter remained consistent at Rs19 crore

The order book for the power business was at Rs. 2,118 crores, nearly 33% of which is for export

markets

Power Transmission Grid business

The Power transmission grid business generated Rs 88 crore of revenue as compared to Rs 73 crore

the previous quarter and EBITDA of Rs 82 crore against Rs 60 crore. The increase is on account of

progressive commissioning of elements in the BDTCL .

Sterlite Technologies equity commitment into these grid project stood at Rs 1,250 crore vs Rs 1,200

crore as we invested an additional Rs 50 crore as part of the terms and conditions under which Standard

Chartered Private Equity invested in Q1 FY15.

The remaining 4 projects in the portfolio continue to progress as per schedule and we expect to fullycommission JTCL in Q2 FY16.

Post the end of the quarter, we have won our 7 th transmission grid project, the Maheshwaram project

in Hyderabad, a 765KV line that should generate Rs55 crores of levelised tariff



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Page 4

INVESTOR EARNINGS CALL DETAILS

The Company will be hosting an earnings update call on July 23 at 16:00 hrs IST. The conference call login detailsare below.

Primary Number: +91 22 3938 1080Secondary Number: +91 22 6746 5814

Please dial the below number at least 5 minutes prior to the conference schedule to ensure that you areconnected in time

Webcast Link: http://services.choruscall.eu/links/sterlitetech150723.html

INVESTOR RELATIONS CONTACTVishal Aggarwal

Sterlite Technologies LimitedPhone: [email protected]

ABOUT STERLITE TECHNOLOGIES

Sterlite Technologies Limited (STL) develops & delivers solutions for high speed data communicationand power transmission networks, globally. STL is among the global leaders in all its business areasthrough its operations in India, China & Brazil. STL is developing several network projects across Indiaincluding secure communication network creation in Jammu & Kashmir for Indian army, enabling

Bharatnet, establishing urban high speed fiber to the home (FTTH) networks and multiple interstateultra mega power transmission projects. Listed on Stock Exchanges BSE & NSE in Mumbai, India,Sterlite Technologies is a public company with broad shareholder base. The company has recentlyannounced a demerge of its power products and transmission business into a new company. SterliteTechnologies to remain a pureplay telecom focused company.

http://www.sterlitetechnologies.com/http://services.choruscall.eu/links/sterlitetech150723.htmlhttp://services.choruscall.eu/links/sterlitetech150723.htmlmailto:[email protected]:[email protected]:[email protected]://services.choruscall.eu/links/sterlitetech150723.htmlhttp://www.sterlitetechnologies.com/


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Page 5

COMPANY PERFORMANCE (CONSOLIDATED FINANCIALS)Profit &Loss Statement and Segmental breakdown (Rs. in Lacs) Consolidated numbers for Q1 2015-16 have not been reviewed or audited by statutory auditors.

Consolidated Standalone Consolidated

June 15 June 15 Mar 15 Mar 15

(Unaudited)(Unaudited /

Unreview ed)(Audited) (Audited)

Income from Operations

a) Net Revenue 96,092 97,072 296,023 302,709

b) Other Operating Income 1,408 1,408 6,987 6,997

Total Income from operations (Net) 97,500 98,480 303,010 309,706

Total Expenditure 88,856 85,752 279,661 282,139

a) Cost of materials consumed 66,696 57,856 194,464 181,176

b) Purchase of stock-in-trade 811 811 4,292 4,292

c) (Inc) / Dec in f inished goods, stock-in-trade & WIP (2,281) (2,049) (3,469) (3,097)

d) Staff Cost 3,801 4,572 15,095 17,594

e) Depreciation & Impairment 2,876 6,471 10,774 18,498

f) Other Expenditure 16,952 18,091 58,505 63,676

Operating profit before other income, interest and tax 8,644 12,728 23,349 27,567

Other Income 415 614 4,481 5,134

Profit before interest and tax 9,059 13,342 27,830 32,701

Interest Cost 6,197 13,873 17,928 32,690

Profit / (loss) before tax 2,862 (531) 9,902 11

Tax Expenses 834 596 1,478 369

Net Profit after tax 2,028 (1,127) 8,424 (358)

Adjustment for Minority Interest 7 (94)

Net Profit / (loss) after Tax & Minority Interest 2,028 (1,134) 8,424 (264)

Consolidated Standalone Consolidated

June 15 June 15 Mar 15 Mar 15

(Unaudited)(Unaudited /

Unreview ed)(Audited) (Audited)

Segment Revenue

Telecom Product and Solutions 42,400 45,343 148,726 157,643

Pow er Product and Solutions 53,692 53,692 147,297 147,297

Pow er Transmission Grid 8,754 15,387

Inter-segment elimination (10,717) (17,618)

Total 96,092 97,072 296,023 302,709

Profit before interest,depreciation and tax




Unallocable (5) (30)

Total 11,935 19,813 38,604 51,199

Profit before Interest and Tax


Pow er Product and Solutions 903 457 924 380

Pow er Transmission Grid 5,167 7,478 Unallocable (12) (55)

Total 9,059 13,342 27,830 32,701

Net Interest Cost 6,197 13,873 17,928 32,690

Profit / (loss) before tax 2,862 (531) 9,902 11

Capital Employed (Segment Assets- Segment Liabilities)




Unallocable 136,526 23,505 143,328 28,454

Total 306,242 723,746 293,539 683,531

Quarter ended Year ended

Segment Reporting

Standalone

Particulars

Standalone


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Playing an integral role in Govt. of India’s Digital India initiative with products,network installation and managed services capabilities

Continues focus on research & development; 10% of telecom business revenuesfrom new & innovative products

Overall revenue growth of 73% and EBITDA growth of 67% on a YoY basis

NEWS RELEASE FOR IMMEDIATE PUBLICATION

Pune, India – July 23, 2015: Sterlite Technologies Limited “Sterlite” [BSE: 532374, NSE:STRTECH], a leading

global provider of solutions for the high-speed data transmission and power transmission networks, today

announced its results for the quarter ended June 30, 2015

Industry & Business Highlights

Sterlite Technologies is integrated with Government of India’s Digital India vision of enabling digital

infrastructure as a utility to every citizen. Sterlite today has become a preferred partner to deliver high

speed data based end to end networks with a comprehensive suite of products, network design,installation and managed services.

Sterlite is building an intrusion proof communication network for the Indian Army in Jammu & Kashmir

under the NFS Project and is deploying highly specialized optical fiber and cable for this network

creation. The NFS installation has witness an increased pace of deployment over the last quarter. Sterlite

has also pioneered last mile connectivity in dense urban centers by connecting more than 160,000

homes in 6 cities with FTTH network capable of handling upto 100 Mbps of speed.

Optical fiber remains as the most viable medium for high speed data communication and even wireless

access will need to have fiber based backhaul networks. While countries like China have installed about

900 Million Kms, US with around 500 million Kms of fiber to enable the data transmission, India today

has only 80 Million Kms. We expect that there will be a large demand of optical fiber over the next

decade in India’s effort towards matching global standards of communication. Keeping these trends in

mind, over the last few years, we have invested in plant capacities. The fiber capacity has been

increased to 20 million km per annum from 12 million. The optical fiber cables capacity is being

doubled to 15 million km per annum with an investment of Rs. 150 Crores in the current fiscal. We

expect to complete this capacity expansion by Q4 of this financial year

Sterlite Technologies leads creation of

digital and power infrastructure in the

country


10/13

The optical fiber and cable infrastructure within the country is growing to keep pace with the demand

while challenges, among them, robust installation continues to be problem areas for service providers.

Sterlite has been focusing on the telecommunications needs of the country and has been investing

in further building research capabilities in products, design & engineering at the state of the art

Center of Excellence. The newly developed "Yogaflex" micromodule cable family and "OH-LITE

NOVA" optical fiber offer superior mechanical flexibility, ease of installation and resistance to extremesituations of turns, bends and stresses during installation. These innovative designs will play an

important role in the long-distance, metropolitan as well as the upcoming Fiber to the Home markets in

concurrence with the needs of the country

Power industry witnessing revival with increased focus on national projects such as 24x7 Power for All

and thrust on renewable power generation will need T&D capacity to increase manifold. Sterlite Power

business has built unique capabilities that are built on a combination of high specification products

and strong engineering and project management capabilities

Power business has successfully executed two challenging re-conductoring projects in urban areas, in

a very compressed time frame and across congested residential colonies. The business continues towitness very good demand for such integrated offerings from utility providers.

Financial Highlights for the quarter ended June 30, 2015

Revenues for Q1 FY16 were Rs 975 crore, higher by 73% compared to Revenues of Rs 564 crore in thesame quarter last year – nearly 25% of the revenues were from export markets

EBITDA grew by 67% from Rs. 71 crore in Q1FY15 to Rs. 119 crore in the current quarter.

PAT was higher by 122% from Rs. 9 crore in Q1 last year to Rs. 20 crore in Q1FY16

The total order book as of 30th June was at Rs 4,205 crores with the Telecom order book at Rs 2,087crores and Power at 2,118 crores. Nearly 80% of the order book is domestic focused reflecting theunderlying growth on account of the communication and power infrastructure being built out in India.

In May, 2015 the Company announced that it would demerge its power businesses into a separate

undertaking. The Demerger proceedings are underway and expected to close in Q4 2016 subject to

approvals by the High Court, SEBI, shareholders and creditors of STL and other relevant regulatory

authorities.

Telecom Segment Highlights:

Revenues from the Telecom products and solutions business for the quarter were Rs. 424 Crores with

EBITDA of Rs 101 Crores.

Optical Fibre (OF) Volumes were 4.5 million fiber Kilometers while volumes of Optical Fibre Cables (OFC)

were 1.8 million fiber Kilometers with the fibre-to-cabling mix at 40% during the quarter.


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Power Segment Highlights:

Revenues from the Power products & solutions business revenue were Rs. 537 Crores for Q1 FY16, with

EBITDA of Rs. 18 Crores.

Volumes for the conductors for the quarter were 30,347MT compared to 8,794 MT for Q1 FY15.

Revenues for the power transmission business were Rs.88 Cr for Q1 FY16, with EBITDA of 82 Cr. The

increase is on account of progressive commissioning of elements in the BDTCL and JTCL projects.

Post the end of the quarter, the Company has been awarded the Maheshwaram project in Telangana, a

765KV line that is expected to generate Rs55 crores of levelised tariff.

Commenting on the results, Pravin Agarwal, Vice Chairman, Sterlite Technologies Ltd., said, “We had a strongquarter of topline and bottom line growth across our telecom and power verticals during a transformationaltime in our business. The telecom business continues to witness strong traction on the back of scaling up ofconnectivity infrastructure both domestically and overseas. The quality of growth is heartening given the profileof customers who appreciate the integrated business model as well as the evolving and pioneering productportfolio. We are confident of scaling greater heights as the data opportunity unfolds further across the countryand the region. And through it all, we shall continue to remain focused on building sustainable value for allstakeholders. ”

STANDALONE FINANCIALS

Q1 FY 16 Q4 FY 15 Q1 FY 15 FY 15

Net Revenues (INR Cr) 975 979 564 3,030

Net Revenues (Mn USD) 152 153 88 473EBITDA (INR Cr) 119 131 71 386

EBITDA (Mn USD) 19 20 11 60

Net Income (INR Cr) 20 39 9 84

Net Income (Mn USD) 3 6 1 13

INR to USD at 64


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ABOUT STERLITE TECHNOLOGIESSterlite Technologies Limited (STL) develops & delivers solutions for high speed data communication and powertransmission networks, globally. STL is among the global leaders in all its business areas through its operations inIndia, China & Brazil. STL is developing several network projects across India including secure communicationnetwork creation in Jammu & Kashmir for Indian army, enabling Bharatnet, establishing urban high speed fiber

to the home (FTTH) networks and multiple interstate ultra mega power transmission projects. Listed on StockExchanges BSE & NSE in Mumbai, India, Sterlite Technologies is a public company with broad shareholder base.The company has recently announced a demerge of its power products and transmission business into a newcompany. Sterlite Technologies to remain a pureplay telecom focused company.

CONTACT

Corporate CommunicationsManish IngoleSterlite Technologies Limited

Phone: +91.20.30514000Email: [email protected] /[email protected]

Investor RelationsVishal AggarwalSterlite Technologies Limited

Phone: +91.20.30514000Email: [email protected] /[email protected]

Forward-looking and cautionary statements: Certain words and statements in this release concerning Sterlite Technologies Limited and its prospects, andother 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 otherfactors, which may cause actual results, performance or achievements of Sterlite Technologies Limited, or industry results, to differ materially from thoseexpressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding SterliteTechnologies’ present and future business strategies and the environment in which Sterlite Technologies Limited will operate in the future. The importantfactors 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, andchanges in general economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements todiffer materially from such forward-looking statements, many of which are not in Sterlite Technologies’ control, include, but are not limited to, those riskfactors discussed in Sterlite Technologies’ various filings with the National Stock Exchange, India and the Bombay Stock Exchange, India. These filings areavailable at www.nseindia.com and www.bseindia.com.

Registered office:Survey No. 68/1, Rakholi Village, Madhuban Dam Road, Silvassa - 396 230Union Territory of Dadra & Nagar Haveli, INDIAPhone: +91 20 30514000, Fax: +91.20.30514113CIN: L 31300DN2000PLC000340www.sterlitetechnologies.com

mailto:[email protected]://www.nseindia.com/http://www.bseindia.com/http://www.sterlitetechnologies.com/http://www.sterlitetechnologies.com/http://www.sterlitetechnologies.com/http://www.bseindia.com/http://www.nseindia.com/mailto:[email protected]


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(Rs. in Lacs except per share data)

Notes1. In terms of clause 41 of the listing agreement, details of number of investor

June 15 March 15 June 14 March 15 complaints for thequarter ended June 30, 2015 : Beginning - 0 , Received - 43,

(Unaudited) (Audi ted) (Unaudi ted) (Audited) Disposed off - 43, Pending - 0.

Refer Note 7

Income from Operations 2. The above results have been reviewed by the Audit Committee. The Board of

a) Net Revenue 96,092 96,230 55,068 296,023 directors at its meeting held on July 23, 2015 approved the above results.

b) Other Operating Income 1,408 1,680 1,372 6,987

Total Income from operations (Net) 97,500 97,910 56,440 303,010 3. The Company is in the process of applying the provisions of para 4(a) under the

Total Expenditure 88,856 89,206 52,253 279,661 heading Notes after Part C in Schedule II of the Companies Act, 2013 and the e

a) Cost of materials consumed 66,696 65,048 36,039 194,464 of the same would be taken in subsequent quarter. Management expects that th

b) Purchase of stock-in-trade 811 388 1,419 4,292 would not have a material impact on depreciation of the current quarter.

c) (Inc) / Dec in finished goods, stock-in-trade & W IP (2,281) (581) (3,136) (3,469)

d) Staff Cost 3,801 4,653 2,942 15,095 4. The Board of directors of the Company on May 18, 2015 had approved the

e) Depreciation & Impairment 2,876 2,699 2,667 10,774 Scheme of Arrangement under Sections 391 – 394 of the Companies Act, 1956

f) Other Expenditure 16,952 16,999 12,322 58,505 (‘the Scheme’) between Sterlite Technologies Limited (‘STL’ or ‘Demerged

Operating profit before other income, interest and tax 8,644 8,704 4,187 23,349 company’), Sterlite Power Transmission Limited (‘SPTL’ or ‘Resulting company’)

Other Income 415 1,678 274 4,481 and their respective shareholders and creditors for the demerger of power produ

Profit before interest and tax 9,059 10,382 4,461 27,830 and solutions business (including the investments of STL in power transmission

Net Interest Cost 6,197 5,556 2,966 17,928 infrastructure subsidiaries) into its subsidiary SPTL with the appointed date of Ap

Profit before tax 2,862 4,826 1,495 9,902 1, 2015 subject to the approval of shareholders and creditors, approvals of the

Tax Expense 834 913 546 1,478 relevant regulatory authorities and the sanction of the H’ble Bombay High Court

Net Profit after tax 2,028 3,913 949 8,424 The Scheme inter alia provides for issue of equity shares or redeemable prefere

shares of SPTL to the shareholders of STL.The Scheme would become effective

Paid-up Equity Capital (Face value Rs.2 per share) 7,881 7,881 7,876 7,881 upon receipt of all requisite approvals and filing of the certified copies of the Cou

Reserves excluding revaluation reserves 116,384 order with the Registrar of Companies. Pending the requisite approvals/filings, n

Earning Per Share (Rs.)- Basic 0.51 0.99 0.24 2.14 effect of adjustments (including tax adjustments) arising out of the proposed

Earning Per Share (Rs.)- Diluted 0.50 0.98 0.24 2.12 demerger has been considered in the above results.

Aggregate of Public Share Holding 5. Pursuant to proposed demerger as mentioned in note 4 above and in accordan

Number of Shares 177,938,400 178,031,900 178,373,680 178,031,900 with Accounting Standard 24, "Discontinuing Operations", the financial results

Percentage of Shareholding 45.16% 45.18% 45.29% 45.18% of the Power Produc t & Solu tions Business (Discont inu ing Operations) from

Standalone result perspective is as under :

Promoters and promoter group Shareholding

Pledged/Encumbered

Number of Shares - - - - June 15 March 15 June 14 March

Percentage of Shares (as a % of the total - - - - Net revenue 53,692 49,518 22,908 147

shareholding of promoter and promoter group) Other Operating

Percentage of Shares (as a % of the total - - - - Income 505 802 452 2

share capital of the company) Income from

operations (net) 54,197 50,320 23,360 149

Non-encumbered Other Income 189 442 261

Number of Shares 216,120,601 216,027,101 215,450,601 216,027,101 Expenses (excluding

Percentage of Shares (as a % of the total 100% 100% 100% 100% interest cost) 53,483 49,668 24,194 149

shareholding of promoter and promoter group) Profit before interest

Percentage of Shares (as a % of the total 54.84% 54.82% 54.71% 54.82% and tax 903 1,094 (573)

share capital of the company)

6. During the year 2005-06, the CESTAT had upheld a demand of Rs. 188 Crores

(including penalties thereon and excluding interest) in the pending Excise matter

(Rs. in Lacs) The auditors have expressed their qualification on this matter.The Company is

contesting this case and the matter is pending the decision of the Hon'ble

Supreme Court.

June 15 March 15 June 14 March 15

(Unaudited) (Audi ted) (Unaudi ted) (Audited) 7. The figures for the quarter ended March 31, 2015 are balancing figures betwee

Refer Note 7 audited figures in respect of the full financial year ended March 31, 2015 and the

Segment Revenue unaudited published year-to-date figures up to December 31, 2014, being the d

Telecom Product and Solutions 42,400 46,712 32,160 148,726 of the end of the third quarter of the financial year 2014-15, which was subjected

Power Product and Solutions 53,692 49,518 22,908 147,297 limited review.

Total 96,092 96,230 55,068 296,023

Profit before interest,depreciation and tax 8. Previous period figures have been regrouped / rearranged wherever considere

Telecom Product and Solutions 10,084 11,167 6,954 34,518 necessary.

Power Product and Solutions 1,851 1,914 174 4,086 Total 11,935 13,081 7,128 38,604

Profit before Interest and Tax


Power Product and Solutions 903 1,094 (573) 924

Total 9,059 10,382 4,461 27,830

Net Interest Cost 6,197 5,556 2,966 17,928

Profit before Tax 2,862 4,826 1,495 9,902

Capital Employed (Segment Assets- Segment Liabilities)


Power Product and Solutions 41,457 32,272 43,536 32,272

Unallocable 136,526 143,328 119,527 143,328 For Sterlite Technologies Lim

Total 306,242 293,539 272,775 293,539

Place: Pune Anand Aga

Registered office: Sterlite Technologies Limited, Survey 68/1, Rakholi, Madhuban Dam Road, Silvassa, 396230 Date : July 23, 2015 Chief Executive Off

Union Territory of Dadra & Nagar Haveli, INDIA. www. sterlitetechnologies.com

Quarter ended Year enParticulars

Segment Reporting


STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2015

STERLITE TECHNOLOGIES LIMITED

ParticularsQuarter ended Year ended

financial results with results press release, investor update & limited review report for june 30,...

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