Gujarat NRE Coke Q3 down 27%

PTI Mumbai | Updated on February 07, 2011

Coking coal producer Gujarat NRE Coke has reported a 27.11 per cent dip in net profit at Rs 21.05 crore for the third quarter ended December 31, 2010.

The net profit stood at Rs 28.88 crore during the October-December quarter of the previous fiscal, Gujarat NRE Coke said in a filing to the Bombay Stock Exchange.

However, the company’s total income jumped to Rs 438.84 crore during the third quarter from Rs 312.47 crore in the year-ago period, the filing added.

Shares of Gujarat NRE Coke were trading at Rs 55.20 on the BSE, down 0.36 per cent from the previous close.

Published on February 07, 2011

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