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Sesa Goa Q2 net doubles at Rs 385 cr

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Press Trust of India New Delhi

Vedanta group company Sesa Goa today reported an over two-fold jump in profit at Rs 384.94 crore for the second quarter of the current fiscal.

The country's largest iron ore exporter, Sesa Goa, had posted a net profit of 166.46 crore in the second quarter of the last fiscal.

"During Q2, iron ore production was stable at 3.2 million tonnes while sales increased by 25 per cent to 2 million tonnes compared with the corresponding prior quarter," the company said in its statement.

Total income jumped by 70 per cent to Rs 918.34 crore during the period under review against Rs 534.11 crore in the year-ago period.

 

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First Published: Oct 18 2010 | 9:25 PM IST

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