Comments
State-owned MOIL today clocked 13 per cent rise in net profit at Rs 114 crore for the third quarter ended December 2012 despite a slight dip in income.
The net profit of the Nagpur-based firm was at Rs 101 crore a year ago.
Sales of the company declined to Rs 228 crore during the quarter from Rs 240 crore during the October-December quarter of the last fiscal, it said in BSE filing.
Expenses stood at Rs 122 crore from Rs 137 crore a year ago, it added.
Shares of the company today settled at Rs 252.95 apiece, up 0.18 per cent over the previous closing on the BSE.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.