Sesa Goa Results : Net profit up 3.2 times

Iron ore exporter, Sesa Goa has announced results for the quarter ended September 2007, and the Company has posted a net profit of Rs 821.33 million.

Sesa Goa has registered an excellent growth in its net profit up 3.2 times, when compared to the corresponding quarter last year’s net profit of Rs 256.62 million.

Net sales of the company stood at Rs 3,311.15 million and the total Income for the quarter grew 47.16% to Rs 3,492.10 million, compared to the quarter ended September 2006.

Earnings per share (EPS) of Sesa Goa rose 3.2 times to Rs 20.87, for the quarter ended Sep. 30, 2007.