State Trading Corporation Q1 net profit dips 15% to Rs 2.75 crore
The government-owned trading firm State Trading Corporation of India Ltd (STCIL) today said its net profit declined by 15 per cent to Rs 2.75 crore for the first quarter ended June 30.tc
By PTI | Updated:
NEW DELHI: The government-owned trading firm State Trading Corporation of India Ltd (STCIL) today said its net profit declined by 15 per cent to Rs 2.75 crore for the first quarter ended June 30.
The company had reported a net profit of Rs 3.25 crore in the same period previous fiscal.
The company's net sales decreased to Rs 4,262.55 crore for the first quarter as compared to Rs 9257.5 crore in the same period previous fiscal.
STC shares today closed at Rs 278.35 apiece on the BSE, up 1.94 per cent from its previous close.
The company had reported a net profit of Rs 3.25 crore in the same period previous fiscal.
The company's net sales decreased to Rs 4,262.55 crore for the first quarter as compared to Rs 9257.5 crore in the same period previous fiscal.
STC shares today closed at Rs 278.35 apiece on the BSE, up 1.94 per cent from its previous close.
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