Sesa Goa Q2 FY11 Results : Net rises 20.18%

by khalid on 20/10/2010 · 0 comments

Sesa Goa Limited has posted a phenomenal increase in net profit for the period Q2 (ending Sep 2010) of the current fiscal (FY11). During the said quarter, net profit rises 153.75% to Rs 352.99 crore in comparison to the Rs 139.11 crore of Q2 (ending Sep 09) of previous year(FY10). Sesa Goa Limited is India’s largest producer and exporter of iron ore in the private sector. Sesa Goa Limited has 2 divisions namely Iron Ore Division and Met Coke Division.

The company informed the share market(BSE) that the net sales increased 79.31% to Rs 803.75 crore in quarter ended Sep 2010 when compared with the last years same quarter ended Sep 2009 which was Rs 448.25 crore. At current value, the price-to-book value of the company was 4.4. The dividend yield of the company was 0.88%.

Share’s Data :-
BSE Code : 500295
Mkt. Cap: Rs 30,631.11 Crores
Sesa Goa Limited share’s CMP is Rs 358.50 on 19th Oct 2010

Source : BelltheBull

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