Highlights
Finacial Highlights
- Consolidated EBITDA of Rs. 5,214 crore, up 65%
- Consolidated PAT of Rs. 4,222 crore, up 60%
- Basic Earnings per share of Rs. 49.17 up 52%
- Dividend proposed at Rs. 3.50 per share as against of Rs. 3.25 per share declared in the previous year
- Strategic Investment to acquire 20% stake in Cairn India Limited.
Business Highlights
- Iron ore capacity expansion is progressing well; planned investment of approximately US$ 500 million for Goa and Karnataka
- Expansion of Pig Iron and Met Coke on track for completion by Q3 FY2012
- Acquired the upcoming steel plant assets of Bellary Steel & Alloys Limited for a cash deal of Rs. 220 crore
- Amalgamation of Sesa Industries Limited with Sesa Goa Limited completed
Consolidated Financial Summary
(Rs. in crore, except as stated)
| 2011 | 2010 | Change | |
|---|---|---|---|
| Net Income from Operations | 9,205 | 5,859 | 57% |
| EBITDA | 5,214 | 3,156 | 65% |
| EBITDA Margin | 57% | 54% | |
| Net Profit (PAT) | 4,222 | 2,639 | 60% |
| Earnings Per Share (Rs.) | |||
| Basic | 49.17 | 32.41 | 52% |
| Diluted | 48.17 | 31.62 | 52% |
Delivering Sustainable Shareholder Value
