Sesa Goa has received directions from Goa State Pollution Control Board (GSPCB) to stop the activity of the metallurgical coke plant (expansion) due to two incidents of soot emissions owing to misfiring by two high capacity burners during commissioning of second battery of its metallurgical coke plant (expansion) on August 17- 18, 2012. The company has received the directions from GSPCB on August 29, 2012.
The company has intimated GSPCB that the root cause of the soot emissions were immediately addressed and necessary corrective actions have already been taken.
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.
