InvestorQ : How do you see the quarterly results of NMDC for the Sep-20 quarter?
indhumathi Sayani made post

How do you see the quarterly results of NMDC for the Sep-20 quarter?

Answer
image
4 months ago
Follow

NMDC posted 10% rise in net profit at Rs.773 crore for the Sep-20 quarter. This improvement in profits was largely on the back of reduced expenses in the quarter. During the Sep-20 period, NMDC had reported total income of Rs.2319 crore which is marginally lower on a yoy basis.

National Mineral Development Corporation or NMDC falls under the purview of the Ministry of Steel. It is based out of Hyderabad and is the country's largest iron ore mining company. Apart from iron ore, NMDC also engages in the exploration and mining of a wide range of minerals including copper, rock phosphate, lime stone, dolomite, gypsum among others.

0 Views