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Last Updated : Feb 10, 2016 08:16 AM IST | Source: PTI

STC reports Rs 1.31 cr profit in Q3

The company had reported a net loss of Rs 6.53 crore in the year-ago period, it said in a regulatory filing.

 
 
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Swinging into black, State Trading Corporation  reported a net profit of Rs 1.31 crore for the December quarter on the back of lower expenses.


The company had reported a net loss of Rs 6.53 crore in the year-ago period, it said in a regulatory filing.


Its total income from operations in the quarter under review declined sharply to Rs 3,031 crore, as against Rs 4,777 crore in the year-ago period.

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The company's total expenses also reduced significantly to Rs 3,002 crore during the October-December quarter, down from Rs 4,743 crore in the corresponding quarter of last fiscal.



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First Published on Feb 10, 2016 07:36 am
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