InvestorQ : How did you find the latest quarterly results of NMDC announced on 22 June?
Arti Chavan made post

How did you find the latest quarterly results of NMDC announced on 22 June?

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Rutuja Nigam answered.
6 months ago
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India’s largest producer of ore and minerals, NMDC, reported a whopping 708% growth in its net profits for the Mar-21 quarter at Rs.2,838 crore. This was supported by higher volumes and better price realizations of various metals in the midst of robust prices in global markets. Revenues more than doubled to Rs.6,848 crore. NMDC produced 34.15 MT and sold 33.25 MT iron ore during FY21, on robust demand from the steel sector.

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