Sterlite Industries (India) Ltd. results for second quarter and half year ended Sept. 30

Mumbai, Oct 24 (ANI/Business Wire India): Sterlite Industries (India) Limited ("SIIL" or the "Company") announced its results for the second quarter ("Q2") and Half year ("H1") ended September 30.

Highlights

-- Attributable PAT up 18 per cent at Rs. 1,277 crore

-- Highest mined zinc production in any quarter

-- Refined zinc production at 122,000 tonnes, an increase of 30 per cent over the corresponding prior quarter

-- Significant reduction in unit production costs in Zinc and Copper businesses, despite rising energy costs

-- Lanjigarh bauxite mining project cleared by the Honorable Supreme Court of India

-- Commissioning of first phase of the Jharsuguda aluminium smelter progressing well; second power unit commissioned

-- All other expansion projects progressing well and on schedule

-- Strong balance sheet with net cash position of approximately Rs. 12,000 crore as at 30 September 2008. (ANI)