Sesa Goa Q3 net dips 22% at Rs 471 cr

Mining firm Sesa Goa today said its standalone net profit for the third quarter ended December 31, declined by 22.53 per cent to Rs 470.69 crore, as compared to Rs 607.60 crore in the same period a year ago. On a standalone basis, the income from operations rose to Rs 1,497.33 crore for the quarter under review, against Rs 1,215.43 crore for the same quarter last fiscal. However, for the nine months ended December 31, the company has posted a net profit of Rs 1,446.53 crore, against Rs 739.33 crore for the same period last year. Sesa Goa settled at Rs 72.70, up 6.5 per cent on the BSE today.