Company Profile For The State Trading Corporation of India Limited

The State Trading Corporation of India Limited (STCI.BO) (Bombay Stock Exchange)

sector: Industrials · industry: Diversified Trading & Distributing ·

As of 11:33am IST

347.00INR

Price Change

+2.85

Percent Change

+0.83%

Analyst Recommendations

Overview

The State Trading Corporation of India Limited (STC) is an India-based company. The Company is a trading house owned by the Government of India. It exports a number of items ranging from agricultural commodities to manufactured products from India to all parts of the world. The Company’s export comprises of wheat, cashew, coffee, rice, tea, tobacco and rubber, sugar, extractions and spices. STC imports a number of essential commodities, which include edible oils, fatty acids, pulses, hydrocarbons, gold and silver, petrochemicals and fertilizers. The Company also helps the manufacturers to find markets abroad for their products. Its subsidiary is, STCL Limited.

Quick Financial Synopsis

BRIEF: For the three months ended 30 June 2008, State Trading Corporation of India Ltd.'s revenues increased 54% to RS51.59B. Net income increased 16% to RS260.2M. Revenues reflect increased income from main operations. Net income also was partially offset by decreased operating margins. State Trading Corporation of India Ltd. is an International trading house owned by the Govt. of India. The Company handles bulk international trade with many other countries.