Sesa Goa: SESA IN, Mkt Cap USD1.8b, CMP INR126, Buy

31 Jul 09:59 AM            

- Sesa Goa’s (SESA) 1QFY14 adjusted PAT at INR4.8b (up 68% QoQ) was 36% above estimate due to above estimate PAT of associates and lower-than-expected loss in the core business. Reported PAT was INR4.14b, which included a forex loss of INR992m. -