Sesa Goa net dips to Rs 228 cr in Q1

Sesa Goa, a Vedanta Group company, reported that its standalone net profit more than halved to Rs 228 crore (Rs 672 crore) in the June quarter following a sharp fall in production. Income was down 18 per cent at Rs 1,377 crore (Rs 1698 crore). On a consolidated basis, net profit was up 15 per cent at Rs 964 crore (Rs 841 crore) even as income fell 18 per cent to Rs 1,734 crore (Rs 2,109 crore).