Sesa quarterly net falls on lower iron ore prices

Sesa quarterly net falls on lower iron ore prices
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First Published: Wed, Jul 29 2009. 09 53 PM IST
Updated: Wed, Jul 29 2009. 09 53 PM IST
Mumbai:Sesa Goa Ltd said first quarter group profit fell 33% as prices of iron ore slumped. Net income declined to Rs422 crore in the three months ended 30 June, from Rs633 crore a year earlier, the Panaji, Goa-based company said on Wednesday in a statement. Revenue fell 10% to Rs1,150 crore.
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First Published: Wed, Jul 29 2009. 09 53 PM IST