One Purpose, Many Ways
Economic Performance

The influence of Sterlite's economic development can be directly assessed through the employee wages, environmental investments, funds allocated for community development and the tax payment made to the Government.

The total payment made in the reporting period to the government in the form of Income tax, Excise duty, custom duty, dividend tax, sales and service tax amounts to Rs. 1,812 crores. During the reporting period, the company did not receive any significant financial assistance received from government. During the reporting period, the company did not support any political party, politician and related institution in the country  financially or in kind.

Particular 2010-11 (Rs. in Cr)
Direct Economic value generated (A)
Total Income (sales+ other income) Rs. 32, 901
Economic value distributed (B)
Employee cost Rs. 1,132
Operating cost Rs. 21, 247
Taxes Rs. 1,812
Economic value retained
A-B Rs. 8,710
















Workforce The human resources department is continuously engaging with the employees' right from recruitment, through their induction, their overall training and grooming, gauging employee satisfaction and assessing them on their KRAs. Sterlite believes in grooming its talents through various training and competitive engagements which are elaborated further on in the report. The breakup of employee remuneration and company's contribution to their PF, Gratuity & Annuity, Welfare expenses and training programmes are tabulated below.

Defined benefit plan Contribution by Sterlite Group (Rs in Cr)
Provident Fund 43.58
Superannuation Fund 4.62






Community Sterlite has taken a proactive role in uplifting the community in and around its operations and thereby earned the status of a respectable citizen of the corporate world. We dedicate a certain portion of our profits to engage with the community in the areas of our unit operations. We invest in the overall development of the community by focussing on core CSR areas of action which are women empowerment, health, education, infrastructure development and livelihood & income generation.


CSR Expenditure
Company Sterlite Copper HZL BALCO SEL
Expenses/Budget Rs. 3.02 Cr Rs. 148.52 Cr. 451.12 lakhs 11.15 lakhs*

*Note: Figure mentioned under SEL is only TSPL’s(Talwandi) CSR Budget. The other unit of SEL is in Jharsuguda which has a combined CSR budget with Vedanta Aluminium Ltd.

Shareholders/Investors The Company believes in creating value for the shareholders and at the same time also distributes the profits in the form of dividend. The Company has been a regular dividend paying company.

We communicate with our shareholders through Annual Reports, quarterly communication by email and annual shareholder meets. We also have a dedicated Shareholder Grievances Redressal Committee which is mainly constituted to addresses investor complaints. The Company’s website has a separate section for Investors / Shareholders wherein all relevant information for the shareholders is provided. The Company also issues Press Releases / communication to the shareholders from time to time.

The Board has recommended a dividend of Rs.1.10 per share on the increased share capital following the 1:1 Bonus issue of Re.1/- each fully paid up i.e. 110% for the year ended 31st March 2011.

Particular 2010-11
Dividends (Rs in Cr) 369.73




Production data
Company Production volumes (‘000 tonnes) 2010-11
Sterlite Copper Mined metal content 23
Cathodes 304
Rods 188
Sulphuric acid 969
Phosphoric acid 154
HZL Mined metal content 782
Refined Metal 762
 Mined metal content 102
Saleable Metal 57
BALCO Aluminium 255



















Energy business (SEL)
Power sales (MU) 2,035
Revenue generated Rs. 728 Cr.