State Trading Corporation of India standalone net profit declines 42.28% in the June 2017 quarter

Capital Market 

Sales rise 119.90% to Rs 4798.94 crore

Net profit of State Trading Corporation of declined 42.28% to Rs 12.63 crore in the quarter ended June 2017 as against Rs 21.88 crore during the previous quarter ended June 2016. Sales rose 119.90% to Rs 4798.94 crore in the quarter ended June 2017 as against Rs 2182.30 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales4798.942182.30 120 OPM %-0.45-1.20 -PBDT13.96-0.28 LP PBT10.03-4.30 LP NP12.6321.88 -42

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First Published: Thu, September 14 2017. 08:09 IST