Sesa Goa net up by 378 percent in first quarter

By IANS,

Mumbai : Vedanta Resources-promoted Sesa Goa Ltd (SGL) has announced a consolidated net profit of $158.26 million (Rs.6.33 billion) during the first quarter this fiscal compared to $32.83 million (Rs.1.31 billion) for the same period last year, recording a growth of 378 percent.

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For the latest quarter ending June, the total revenues increased to $335.29 million (Rs.13.41 billion) from $132.07 million (Rs.5.28 billion) in the corresponding quarter last year.