State-run MOIL Ltd reported its net profit dipped 32 per cent at Rs 1.01 billion during the July-September quarter of the financial year 2011-12 as compared to the net profit of Rs 1.48 billion during the same period last fiscal.
The state-run firm posted its sales for the quarter at Rs 2.48 billion against the sales of Rs 2.84 billion during same period of previous fiscal.
State-run MOIL Ltd produces more than half the manganese ore used in India.
Source: www.economictimes.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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