of the State Trading Corporation (STC) rose by 101 per cent during the year 2006-07
as compared to the previous year. The STC Group has achieved a turnover in excess
of Rs15,000 crore and a net profit of Rs100 crore during the year.
time high net profit (PAT) of Rs88 crore, a rise of 127 per cent compared to the
Rs39 crore achieved during 2005-06 on its highest ever turnover of Rs14,335 crore,
which rose 101 per cent over 2005-06.
also increased its ales by 33 per cent to record its highest-ever domestic sales
of Rs716 crore from Rs537 crore in the previous year.
its foreign trade performance has been particularly noteworthy. STC recorded its
highest ever exports of Rs2,927 crore from last year''s Rs1095 crore, (a rise of
167 per cent) and handled imports worth Rs10,692 crore, which rose 95 per cent
from Rs5,493 crore in 2005-06.
wise trade handled by STC:
exports of steel raw materials: Rs1,816 crore
high chemicals, drugs and pharmaceuticals exports: Rs606 crore
jewellery exports: Rs199 crore
imports: Rs5,038 crore (import of 55 lakh MT of wheat at competitive prices
imports: Rs2,985 crore
sales of hydro-carbons / minerals / metals: Rs1,200 crore
oil import turnover on commercial account: Rs517 crore
sales of pulses: Rs285 crore
overseas steel operations expanded Bulgaria
Executing the highest ever contract
valued at Rs2200 crore for supply of 5 million mt of non-coking steam coal to
National Thermal power Corporation.
Corporation expects to take its turnover and profitability to new peaks during