VSNL Q3 net profit slumps 93%; share down 9%
Videsh Sanchar Nigam Ltd has posted a net profit of Rs 9.52 crore for the quarter ended Dec 31, 2007, down more than 93 per cent compared to Rs 142.28 crore in the same quarter of 2006.
By INDIATIMES NEWS NETWORK |
MUMBAI: Videsh Sanchar Nigam Ltd has posted a net profit of Rs 9.52 crore for the quarter ended Dec 31, 2007, down more than 93 per cent compared to Rs 142.28 crore in the same quarter of 2006. Total income for the quarter increased to Rs 1113.52 crore from Rs 1112.25 crore in the quarter ended Dec 31, 2006.
On Friday, VSNL shares closed up 6.40 per cent at Rs 554.90 on the back of the broad market recovery. Today the share was down 9 per cent at Rs 505 on BSE.
On Friday, VSNL shares closed up 6.40 per cent at Rs 554.90 on the back of the broad market recovery. Today the share was down 9 per cent at Rs 505 on BSE.
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