Bharat Aluminium Company, which was taken over by Sterlite Industries Limited for Rs 5.51 billion and took a 51 percent stake and management control, had fared badly during the period April 2001 - March 2002. Production, sales and profit have all declined.Production during 2001-02 has fallen to 69,871 tons form 89,164 tons, sales have fallen to 71,792 tons from 88,890 tons and net sales to Rs 6.20 billion from Rs 7.73 billion profit before interest has fallen from As 331.9 million from Rs 951.00 million and profit before depreciation to Rs 8.7 million against Rs 557 million.
NSTL
