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STC's trading profit up 54% to Rs 183 cr in 2013-14

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Press Trust of India New Delhi
Last Updated : Sep 29 2014 | 1:16 PM IST
Government-owned trading firm STC today said its trading profit increased by 54 per cent to Rs 183 crore during FY 2013-14.
The State Trading Corporation's (STC) turnover touched Rs 15,374 crore during 2013-14, an official statement said.
"STC has achieved a trading profit of Rs 183 crore which was 54 per cent higher than the trading profit earned during 2012-13," the statement quoting STC Chairman & Managing Director Khaleel Rahim said.
During the last decade, STC has diversified into bullion, hydrocarbons, minerals, metals, fertilisers and petro-chemicals.
It has 13 branches across India covering all important trading centres including port towns.

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First Published: Sep 29 2014 | 1:16 PM IST

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