Tuesday, January 27, 2009

Sesa Goa Q3 net dips 22.53% to Rs471 cr

Mining firm Sesa Goa on Tuesday said its standalone net profit for the third quarter (Q3) ended 31 December, declined by 22.53% to Rs470.69 crore.
The company had a net profit of Rs607.60 crore for the same quarter FY 08, the mining firm said in a filing to the Bombay Stock Exchange.
On a standalone basis, the income from operations rose to Rs1,497.33 crore for the quarter under review, against Rs1,215.43 crore for the same quarter corresponding year.
However, for the nine months ended 31 December, the company has posted a net profit of Rs1,446.53 crore, against Rs739.33 crore for the same period last year.
Shares of Sesa Goa were trading at Rs73.25, up 7.33% on the BSE

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