Page 1

FOR INTERNAL CIRCULATION ONLY

ISSUE 1, VOLUME 1, SEPTEMBER 2011

I AM STERLITE Sterlite’s house magazine

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In this issue

Goodbye ‘Steadfast’ and Welcome to ‘I am Sterlite’

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The Editorial Team


STERLITE NEWS ROOM

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1


BUSINESS PERFORMANCE

Sterlite earns Rs 547 Crores in net revenue in Q1FY12 /@ABAC@BD'E@FED@FEGH'IJK'L8/28=

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Standalone financials

Quarter ended June 30

Year ended March 31

2011

2010

2011

Net Revenues (Rs Crore)

547

492

2,263

10!/'1D%3,)()%E!W1-(H!,&!34?)&X&H!

Net Revenues (US$ Mn)

122

109

503

H-').I!%?&!+&41.H!?3(0!10!%?&!4-''&.%! D+43("!>?&!J12/3.E*+!0-.H32&.%3(+!

EBITDA (Rs Crore)

44

88

282

EBITDA (US$ Mn)

10

20

63

/1)+&H!01'!+-+%3).&H!I'1W%?kF!?&!

PAT (Rs Crore)

5

56

141

3HH+"

PAT (US$ Mn)

1

12

31

0.13

1.46

3.72

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Diluted EPS (Rs.)

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SEPTEMBER 2011

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CLIENT FEATURE

Case study:

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5


HUMAN CAPITAL

The Sterlite Heros

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13


INFORMATION TECHNOLOGY

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14

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SEPTEMBER 2011

15


Sterlite’s ECO.101 tips to ‘go green’ A greener workplace can mean a lighter ecological footprint, a healthier and more productive place to work, and good news for the bottom line. Here are simple initiatives that we have implemented under the Sterlite ECO.101 Program that you too could implement and benefit from. #1. Telecommute With technological advances and innovative workflow tools like instant messaging, teleconferencing and videoconferencing, at Sterlite, we question the fundamental need to travel. Over the past years, we have consciously invested in state-of-the-art infrastructure that has made effective

telecommuting a reality and we are already reaping the benefits of our investments. The amount of employee travel and related costs have reduced, our employee productivity has improved significantly, they can utilize the commuting time saved to focus on value-added initiatives and most importantly, it has helped our employees take control of their work-life balance. #2. Digitize & paperless whenever possible We encourage the habit to think before we print: could this be read or stored online instead? The greenest paper is no paper at all. We try to keep files on computers instead of in file cabinets, review documents onscreen rather than printing them out, sending emails instead of paper letters and faxes. We have switched to using e-mailers and PDFs to circulate our internal employee newsletters, announcements; have digitized and have created a central document repository for our policy documents, training material and other ʻversion controlledʼ documentation. We also encourage the use of electronic

clearance of payments to our employees and vendors whenever possible. #3. Reduce, reuse & recycle Our primary focus is in reducing both materials and energy, whilst maintaining the quality standards of our product offerings. Once we believe we have reduced the levels of all extraneous resources, we turn focus on reuse & subsequently recycle. We try to reuse and recycle everything. We save and reuse packaging cartons, we shred old paper to use as packing material, we recycle old newspapers and magazines, and much more. Not only have these initiatives impacted the environment in a positive way, they have also lead to substantial savings. For example, our specially designed envelopes for internal use between our offices has cut down volume consumption of envelopes by 96%, as each envelope can be reused 24 times. #4. Question the use of every resource We live by our organizational belief to conduct our operations in a responsible way, with a minimal impact on the environment. We encourage every employee to question the use of every resource. If we need to travel, can we intelligently car-pool? Should we use ceramic cups rather than disposable paper cups? Can our product packaging be more ecofriendly? Some of these questions have lead to remarkable innovations and changed the business playing field for Sterlite.

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I AM STERLITE


Sterlite Diary : Jul & Aug 2011

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I AM STERLITE


Monsoon Hungama

And we celebrate

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Chalo Lavasa

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Celebrating 65 years of freedom Y.H)3*+!A\%?!Y.H&/&.H&.4&!L3E!W3+! 4&(&,'3%&H!34'1++!3((!10!$%&'()%&*+! (143P1.+!W)%?!%?&!%'3H)P1.3(!?1)+P.I! 10!%?&!%')41(1'F!3!+23'%!+3(-%&!,E!%?&! I-3'H!10!?1.1'!3.H!4122&21'3PX&! &X&.%+"

SEPTEMBER 2011

19


SUSTAINABLE DEVELOPMENT

`

Case study: Sterlite’s water conservation initiatives have impacted 27,800 lives G-+).&++&+!%1H3E!?3X&!3!I'&3%&'! '&+/1.+),)()%E!%?3.!&X&'!,&01'&!%1! &.?3.4&!+14)&%E*+!1X&'3((!W&((<,&).IF! ).!41.%&t%!10!%?&)'!1W.!(1.I&X)%E!3.H! +-+%3).&H!I'1W%?"! 9+!3!/'1<34PX&!3.H!'&+/1.+),(&! 41'/1'3%&F!$%&'()%&!41.P.-&+!%1! /'&&2/%!+14)3(!3.H!&.X)'1.2&.%3(! 034%1'+!%?3%!W1-(H!).w-&.4&!)%+! ,-+).&++&+!).!%?&!(1.I!%&'2!3.H! /'134PX&(E!/'&/3'&!01'!%?1+&! 4?3.I&+"!! $%&'()%&*+!+-+%3).3,(&!H&X&(1/2&.%! 014-+!&.412/3++&+!&.X)'1.2&.%3(! /'1%&4P1.F!'&+1-'4&!'&/(&P1.F!?&3(%?! 3.H!&2/1W&'2&.%!%?'1-I?! &H-43P1.F!W1'M).I!).!/3'%.&'+?)/! W)%?!4'&H),(&!.1.</'1D%!1'I3.)O3P1.+! 1.!3!W)H&!+/&4%'-2!10!'&(3%&H! /'1Q&4%+"

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“The check dam has helped us to cultivate summer crops. It has also increased the level in the community water well which has helped the farmers around the dam” - Kautik Kadubaduane, Farmer.

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“As the water dries in the summer, we collect all the deposited soil and use it as natural fertilizer for the crops. The grass grown near the water is used as animal feed.” - Lakshman Bandu Peherkar Farmer.

63'2&'+!).!%?&+&!X)((3I&+!?3X&!,&&.! 3,(&!%1!4-(PX3%&!4'1/+!W)%?!I11H+! E)&(H+!).!%?&!:3,)!`W).%&'a!+&3+1.F! W?)4?!%?&E!W&'&!-.3,(&!%1!H1!&3'()&'"! 9+!3!41.+&g-&.4&F!%?&'&!?3+!,&&.!3.! 3X&'3I&!).4'&3+&!).!032)(E!).412&!,E! 3,1-%!:+!8;F;;;F!/'1X)H).I!%?&! 03'2&'+!%?&!D.3.4)3(!).H&/&.H&.4&! %1!/'1X)H&!3!,&|&'!+%3.H3'H!10!()X).I! 01'!%?&)'!032)()&+" >?&!4?&4M!H32+!?3+!/'1X&.!3+!3.! &u&4PX&!3.H!+-+%3).3,(&!%11(!01'! H'1-I?%!/'11D.I!3.H!?3+!)2/34%&H! 3,1-%!8VFp;;!()X&+" SEPTEMBER 2011

“The orchards are getting sufficient water supply and the wells contain water even in summers.” - Mahajan Singh Sandusingh Bighot, Farmer 21


SUSTAINABLE DEVELOPMENT

`

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23


LEARNING & DEVELOPMENT

Seven personality traits of top salespeople

24

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25


E T I L R E T S E TH AMILY F

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BIES A B E T I STERL

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I AM STERLITE


SEETEE BAJAO !!!!!

‘Seetee bajao’ translated from Hindi is, ‘Blow the whistle’

Concerns need to be made in writing, are required to disclose all relevant information and may be filed in the any of the following ways: • A written letter to Group Head Management Assurance, Vedanta, 75 Nehru Road Vile Parle (E), Mumbai 400099.

Phone +91.22.66461000 Fax: +91.22.66461450. • An email to whistleblower@sterlite.com • An email to the Chairman of the Sterlite’s Audit Committee (arun@todarwal.com) Sterlite is committed to ensure that individuals would not be at risk of repercussions (retribution, loss of job, victimization, harassment) as a result of reporting. If an employee or stakeholder believes that he/she has been retaliated against on account of a report filed, he/she may

email the Chairman of Sterlite’s Audit Committee.

Have no fear. Seetee bajao!

whistleblower @sterlite.com STERLITE CORPCOMM/MAR-11

Sterlite’s WHISTLE BLOWER POLICY has been framed to enable employees and stakeholders to report their concerns about any malpractice, impropriety, abuse and wrongdoings that they may have discovered.


Connecting

every home on the planet Sterlite Technologies makes it easier, faster and more cost effective for service providers to build telecom & power infrastructures.

www.sterlitetechnologies.com

September 2011  

Inhouse magazine. Only for internal circulation.

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