Steel Exchange India has reported results for third quarter ended December 31, 2012.
The company has reported 51.55% rise in its net profit at Rs 5.85 crore for the quarter as compared to Rs 3.86 crore for the same quarter in the previous year. However, total income from operation of the company has decreased by 14.17% at Rs 304.88 crore for quarter under review as compared to Rs 355.22 crore for the quarter ended December 31, 2011.
Steel Exchange India operates in six divisions, namely Trading Division, Steel Melting Division, Rolling Division, Wire Drawing and HC Wire Products & Galvanized Wire Division, Pyxis Software Division and Sponge Iron Division.
