Sesa Goa…Low PAT in Q2 FY10 scares Brokers….why?

Sesa Goa just declared their Q 2 FY 10 results….Consolidated Profit was down 51% from Rs 337 crs in Q2 FY 09 to Rs 166 crs….Revenues have tumbled too by 38% despite Dempo consolidation Iron Ore realisation in Q 2 FY 10 was a shade below US $ 51/MT…same quarter last year it was US $ 108 …

Sesa Goa…Low PAT in Q2 FY10 scares Brokers….why? Read More »