Government-owned State Trading Corporation's net profit more than halved to Rs 7.95 crore in the fourth quarter ended March 2017.
The company recorded a profit of Rs 16.66 crore during January-March 2016, the company said in a BSE filing.
The company's total income increased to Rs 2,885.34 crore in the reported quarter compared to Rs 728 crore in the year- ago period.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!