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Sesa Goa's Q3 net down 26% on mining ban

Private sector iron ore maker Sesa Goa has reported a 28 percent, year-on-year decline in net profit to Rs 497 crore due to decline in sale on ongoing mining ban in Goa in Karnataka. Of not for Rs 669 crore profit coming in from Cairn Indian in which the company holds 20% stake, it would have reported loss of Rs 172,25 crore, said the company.

first published: Jan 25, 2013 09:55 am

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