Sesa Goa has reported results for first quarter ended June 30, 2012.
The company has registered a fall of 66.17% in its net profit at Rs 227.66 crore for the quarter under review as compared to Rs 672.98 crore for the same quarter in the previous year. The total income of the company has decreased by 17.47% at Rs 1511.76 crore for Q1FY13 as compared Rs 1831.68 crore for the corresponding quarter previous year.
On the consolidated basis, the group’s net profit after taxes and share of profit of associates surged by 11.47% to Rs 936.97 crore for the Q1FY13 as compared to Rs 840.59 crore in Q1 FY12. However, the total income declined 22.70% to Rs 1747.72 crore in the quarter under review as compared to Rs 2260.95 crore in the corresponding previous quarter.
