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Sesa Goa slips 4% on weak Q1 numbers

This article was posted on Jul 22, 2011 and is filed under Market News

Iron ore producer and exporter Sesa Goa tumbled by as much as 4% in morning trade today on the bourses after the company posted disappointing first quarter earnings.

The company yesterday announced a consolidated net profit of Rs 840.59 crore for the first quarter ended June 30, 2011, compared to a consolidated net profit of Rs 1,301.79 crore in the June quarter last fiscal. For more visit: Business Standard

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