State Trading Corporation's trading profit up 54% to Rs 183 crore in 2013-14

The State Trading Corporation's (STC) turnover touched Rs 15,374 crore during 2013-14, an official statement said.

State Trading Corporation's trading profit up 54% to Rs 183 crore in 2013-14
NEW DELHI: Government-owned trading firm STC today said its trading profit increased by 54 per cent to Rs 183 crore during FY 2013-14.

The State Trading Corporation's (STC) turnover touched Rs 15,374 crore during 2013-14, an official statement said.

"STC has achieved a trading profit of Rs 183 crore which was 54 per cent higher than the trading profit earned during 2012-13," the statement quoting STC Chairman & Managing Director Khaleel Rahim said.

During the last decade, STC has diversified into bullion, hydrocarbons, minerals, metals, fertilisers and petro-chemicals.

It has 13 branches across India covering all important trading centres including port towns.
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